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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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7015 -7017 Elwell Street, Burnaby
MLS®: R3052787
4636
Sq.Ft.
4
Baths
10
Beds
7,316
Lot SqFt
1977
Built
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Description
Builders, this is the one you''ve been waiting for! Located in Burnaby’s high-demand Highgate neighborhood, this side-by-side duplex sits on a generous lot with excellent frontage and falls under the City of Burnaby’s new SSMUH (Small Scale Multi-Unit Housing) initiative, allowing for up to 6 units on this property. This is a prime redevelopment site in a well-established, rapidly evolving area surrounded by newer multi-family projects. Just minutes from Highgate Village, Metrotown, Edmonds SkyTrain, parks, schools, and community centers. This location offers exceptional convenience for future homeowners.
Taxes (2025): $7,578.29
Amenities
Shopping Nearby
Balcony
Features
No Fire Sprinkler System
Smoke Detector(s)
