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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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2358 Kensington Avenue, Burnaby
MLS®: R3020356
2568
Sq.Ft.
3
Baths
6
Beds
8,316
Lot SqFt
1966
Built
Description
Investors & Developers! This is a key property for future development. An excellent hold, this property is within Transit Oriented Development, or build multiple units now. 2 self contained 3 bedroom suites, this home will be available as of July 2025. Exempt from RTB rent restrictions, 6 bedrooms, 2.5 baths, this home provides excellent revenue. Lane access provides additional options for future development. Quiet, set back from Kensington with a greenway. Don''t wait. You''ll be disappointed.
Taxes (2024): $5,704.35
Amenities
Shopping Nearby
Features
Washer
Dryer
Dishwasher
Refrigerator
Stove