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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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11298 Lyon Road, Delta
MLS®: R3070291
3534
Sq.Ft.
3
Baths
8
Beds
8,004
Lot SqFt
1976
Built
Description
Outstanding Turn-Key Investment Property with Development Options! Lovingly transformed into a wonderful Revenue Property, a terrific home on a Corner Lot, close to excellent schools awaits you. With a self contained 2 bedroom legal suite, plus 4 additional rooms rented individually as shared accommodation, this fantastic property is conveniently located close to Cougar Canyon Elementary, Seaquam Secondary, as while you can plan to build in the future. Currently zoned as a Duplex Lot that can be built with suites on both sides, other options for a 4-plex etc. may be possible with rezoning app. Don''t miss this unique opportunity!
Taxes (2024): $5,317.28
Amenities
Balcony
In Unit
Features
Washer
Dryer
Dishwasher
Refrigerator
Stove