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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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9600 Desmond Road, Richmond
MLS®: R2958220
1749
Sq.Ft.
2
Baths
3
Beds
7,247
Lot SqFt
1959
Built
Description
Investor & Builder Alert! This corner lot in popular Seafair, Richmond, comes with back lane access, making it an excellent investment opportunity for living and renting or building your dream home with rental suites. The lot size is 66x110, and there's a livable situation house on the property. It's conveniently located near Alfred Dixon Elementary School, with easy access to transportation, close to the West Dyke nature trails, a shopping plaza nearby, and in proximity to schools, community centers, and parks. This property offers incredible value!
Taxes (2024): $5,446.50