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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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4363 Morgan Crescent, West Vancouver
MLS®: R2686286
1968
Sq.Ft.
2
Baths
3
Beds
22,825
Lot SqFt
1943
Built
Description
Builders Alert: 100ft frontage and potential for subdivision to 2 lots of over 11,000sqf Each. Extremely rare offering over 1/2 acre property adjacent to cypress park, Cypress Park Primary School, one block away from gorgeous Erwin beach and Stearman Beach.Preliminary conversations with the District of West Vancouver indicate a willingness for the subdivision. Completely flat lot with potential of building 2 homes approximately 5000 sqf each. The Sellers are prepared to work with buyers for obtaining certainty from DWV for subdivision, building and planning.
Taxes (2021): $6,813.25