690 Fraser Avenue

General property description

Stunning 4-story, 4,145 sq ft property ideal for a bed and breakfast or institutional use. Features a 1-bedroom owner’s suite in the basement, 3 rentable guest suites with ensuites, a kids' bedroom, extra storage, and covered patios with beautiful Fraser River views. Perfect for a care home, nursing home, or shared living hotel B&B. Zoning (C-5): Permits residential and commercial uses near the Central Business District of Hope. Allowed uses include apartment, business/professional office, day care, medical/dental office, motel/motor inn, one family residence, restaurant, retail store, and retail sale of cannabis. Prime investment opportunity in a versatile and easy 2 minute walk to down town shops!

Mortgage estimate

Tax from listing

Est. monthly total

$5,203

/mo

Rate

%

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Amortization

25 yr30 yr

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Principal and interest

$4,625

Property tax

$428

P&I

Tax

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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $199,980 down (20%) on $999,900, 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.