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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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1172 Parker Street, White Rock
MLS®: R2487242
3485
Sq.Ft.
4
Baths
4
Beds
9,896
Lot SqFt
1958
Built
Virtual Tour
Description
INVESTOR/BUILDER ALERT! Large 3,485 sq. ft home currently rented for $3,200/Month and sits on a large 9,896 sq. ft. lot which will give two single-family building lots which will be just shy of 5,000 sq. ft. each! Home features 4 bedrooms, 4 bathroom, and year round ocean views & stunning Mt. Baker views. Home also has an updated 2 bedroom & den LEGAL suite as a great mortgage helper. The application for subdividing already in process with City of White Rock. Live in, or buy & rent out until you are ready to develop the lots and sell or build two gorgeous side by side modern homes with ocean views with fantastic builders margins for big $$$!
Taxes (2019): $7,269.59
Amenities
Wheelchair Access
Features
ClthWsh
Dryr
Frdg
Stve
DW
Drapes
Window Coverings
Refrigerator
Stove

Listed By: Century 21 Coastal Realty Ltd.
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.