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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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5010 Lorraine Avenue, Burnaby
MLS®: R3179991
2510
Sq.Ft.
2
Baths
7
Beds
5,304
Lot SqFt
1955
Built
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Description
Great home with seven bdrms, two baths & Hardwood floors in prime area of Central Park waiting for your decorating ideas, investors or builders. West facing 52 X 102 Ft lot with lane access and new roof (2021) is centrally located & minutes to BCIT, LaSelle Colege, Electronic Art, Central Park, Metrotown & Brentwood Town Centre Shopping areas. Inman Elementary and Moscrop Secondary catchments. Easy access to Hwy #1, public transportation including Patterson & Joyce Skytrain Stations. All showings require minimum 24 hr notice. Build up to 4 units under R1 Small-Scale Multi-Unit Housing District. Buyer to verify with the City of Burnaby.
Taxes (2025): $6,312.87
Amenities
Shopping Nearby
No Outdoor Area
In Unit
Features
Washer
Dryer
Refrigerator
Stove
