$89,500

375 5TH Avenue, Burns Lake V0J1E0

Detached

Listed by: Royal LePage Aspire Realty.

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Description

Calling all investors and entrepreneurs! You do not want to miss out on this rare opportunity. This property is just under 1 acre, centrally located, cleared and ready to go. It is zoned R6 which is designated for high-density multiple family dwellings. The current owner has done all the foot work and already has the plans for three 4 plex units, or simply brings your own ideas and bring your vision to life. Burns Lake needs more housing, and this could be the opportunity you have been looking for! (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

View: Lake view

Annual Taxes: $1,259

Lot Size: 0.93

Property Details

Property Type	Detached
Sub Type	Vacant Land
Lot Size	1 sq ft
Listing ID	R3157216

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375 5TH Avenue, Burns Lake
MLS® R3157216 · $89,500

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Calculation details & assumptions

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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