$1,888,800

5260 MONCTON STREET, Richmond BC V7E 3B3

3 Beds 2.0 Bath 2,097 Sq Ft Built 1976

Detached

Listed by: RE/MAX Westcoast.

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Description

PRIME STEVESTON LOCATION- Check out this flexible investment opportunity to redevelop under the current RSM/L (small scale multi-unit housing) zoning OR rezone and subdivide to build two single family homes. Other options are to keep it tenated/move in while you wait for city approvals. This house also has the potential to add another rental income suite below, with a flex rec room that could be converted into a kitchen. Your options are endless! Priced below assessed & land only assessed value. 9,240 sq.ft lot with a southern exposed backyard. The time is now, don't miss this opportunity!

Location

Map unavailable. This listing is in Richmond.

Property Details

Property Type	Detached
Sub Type	Single Family Residence
Bedrooms	3
Bathrooms	2.0
Living Area	2,097 sq ft
Lot Size	9,240 sq ft
Year Built	1976
Stories	2.0
Listing ID	R3155681

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5260 MONCTON STREET, Richmond BC V7E 3B3
MLS® R3155681 · $1,888,800

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Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.

Monthly payments use Canadian fixed-rate, semi-annual compounding. The term is the contract length; amortization is the repayment period. Renewal rates may change.

Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.

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