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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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525 Sixteenth Street, New Westminster
MLS®: R3089856
1557
Sq.Ft.
2
Baths
5
Beds
6,400
Lot SqFt
1954
Built
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Description
Fully renovated single-family home on a spacious 50 x 120 ft (6,000 sq.ft.) corner lot. Renovated in 2024 with updated piping. The functional layout offers 5 bedrooms, a den, and 2 full bathrooms. The lower level features 3 bedrooms plus a den with a separate entrance, ideal for a mortgage helper, and is currently rented for $3,800/month. Located just a 15-minute walk to 22nd Street SkyTrain Station, Offering excellent transit convenience while remaining surprisingly quiet indoors despite being close to the SkyTrain tracks. The property also offers future land assembly potential with possibilities for multiplex or townhouse development. Some photos virtually staged. Open House: Sunday, 15/3, 2-4pm
Amenities
Private Yard
In Unit
Features
Washer
Dryer
Refrigerator
Stove
