5507 Columbia Street

General property description

DEVELOPERS & INVESTORS ALERT!To be sold together with 5521 Columbia Street, offering a combined frontage of 98 ft and depth of 115 ft (11,275 sqft) Northwest Corner lot with lane access - Columbia St. & W. 39th Ave. part of PHASE 3 CAMBIE CORRIDOR PLAN approved for development of 14 units townhouses 1.2 FSR. Excellent investment and land assembly. House needs TLC but is livable and has 4 bdrms, den, 2 baths and spacious living room and recreation room. Property is walking distance to the Canada Line & Oakridge Mall. One block from Queen Elizabeth Park, Nat Bailey Stadium, Pitch and Putt Golf, Curling, Tennis & numerous walking & bike trails.

Mortgage estimate

Tax from listing

Est. monthly total

$19,633

/mo

Rate

%

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Amortization

25 yr30 yr

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Principal and interest

$18,498

Property tax

$986

P&I

Tax

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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $799,800 down (20%) on $3,999,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.