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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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564 Wallace Street, Hope
MLS®: R3059436
813
Sq.Ft.
1
Baths
2
Beds
7,000
Lot SqFt
1945
Built
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Description
Great holding property. Zoned CBD downtown commercial. Located at the top of the "Main Street" in Hope (Wallace), beside Lordco. Street plus lane access provides ample opportunity to convert the property to commericial at some point in the future. Rented to long term tenant that would like to stay, making this a stable investment till developed. Home is older but has had some updates in the not too distant past.
Taxes (2025): $2,821.03
Amenities
No Outdoor Area
Listed By: RE/MAX Nyda Realty (Hope)
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.