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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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5564 Elizabeth Street, Vancouver
MLS®: R3031589
3503
Sq.Ft.
6
Baths
8
Beds
5,520
Lot SqFt
1980
Built
Virtual Tour
Description
Cash Machine!!! Great Investment Property near Queen Elizabeth park & Oakridge Mall & Skytrain. House has 3 levels of 3500 sq.ft, including 2 separate rental suites with 8 bedrooms & 6 bathrooms. This was a custom built solid home sitting on a 48 x 115 Lot 5520sf. Combining lots are able to build up to 6 storey apartment (2.5 FSR). Buy Rent & Hold or Live in 1 floor & rent out the rest while waiting for redevelopment. Family room/Wet Bar off Kitchen with Sliders onto large entertaining back cedar deck. Prestige location close to downtown, buses/Eric Hamber schools + New Oakridge Mall. 3D virtual: https://my.matterport.com/show/?m=um4CgYWDhdd
Taxes (2025): $12,002.00
Amenities
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