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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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5250 5252 Empire Drive, Burnaby
MLS®: R3031126
2100
Sq.Ft.
2
Baths
5
Beds
7,300
Lot SqFt
1947
Built
Description
Discover breathtaking 180-degree panoramic views from this exceptional property boasting 100 feet of frontage and valuable lane access. Located in a prime Burnaby neighborhood with new R1 zoning, this rare opportunity offers tremendous potential for homebuyers, investors, and builders-now allowing up to 6 units. The home features two separate 100 amp electrical services, a brand-new roof and windows (2023), and generates over $7,000 in rental income monthly. Just steps from Hastings'' vibrant shopping, restaurants, and cafes. Ask your realtor for the full list of recent updates and potential building plan-this is one you won''t want to miss!
Taxes (2024): $5,886.61
Features
Washer
Dryer
Dishwasher
Refrigerator
Stove
Smoke Detector(s)
Window Coverings