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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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6905 Hycrest Drive, Burnaby
MLS®: R2561018
2246
Sq.Ft.
3
Baths
4
Beds
7,837
Lot SqFt
1962
Built
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Description
INVESTMENT OPPORTUNITY: generous 7837 sqft corner lot enjoying terrific South facing views towards Metrotown to the front and a very private backyard leading onto woodland. The large lot offers a wealth of opportunity to renovate, add-on or redevelop, easy walk to Sperling Elementary and catchment for Burnaby North Secondary. Walk to Sperling Skytrain station. The previous tenant was a successful licensed daycare and after school care centre.
Taxes (2020): $4,594.76
