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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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3416 Monmouth Avenue, Vancouver
MLS®: R3137356
1678
Sq.Ft.
2
Baths
5
Beds
4,571
Lot SqFt
1957
Built
Description
Investment Opportunity with Development Potential! Situated on a extra long 33 x 138.5 lot in a desirable and family-friendly neighbourhood, this well-maintained home offers excellent investment potential with a strong rental history, previously rented for $6,000 per month. The functional layout features 2 bedrooms and 1 bathroom on the main floor, plus a fully finished basement with 3 bedrooms, 1 bathroom, and a separate entrance, ideal for mortgage helper income. Close to parks, schools, shopping, restaurants, and transit. Sir Wilfred Grenfell Elementary School in walking distance. Hold, live in, or redevelop, this property offers outstanding value and endless potential!
Taxes (2025): $8,270.94
Features
Washer
Dryer
Dishwasher
Refrigerator
Stove