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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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2256 McCallum Road, Abbotsford
MLS®: R3129418
850
Sq.Ft.
1
Baths
2
Beds
7,560
Lot SqFt
1962
Built
Description
Court Ordered Sale - Assembly of 2256,2262 & 2272 McCallum Road. Designated as Urban 1 - Midrise, with an application for a 6-storey apartment building. 2.5 FSR. Properties are improved with rental dwellings, good for interim rental income until the application proceeds. These three properties must be sold in conjunction with each other. All offers to be conditional upon court approval. Total gross site size is 22,918 sqft. Net site size is less. See attachments for details on prior application. Call for more details and drive by to view. DO NOT ENTER PROPERTY WITHOUT APPOINTMENT.
Taxes (2025): $5,230.36