1281 McBride Street, North Vancouver, BC

  • 4 beds
  • 2 baths
  • 1,426 sqft
  • lot size: 7,344 sqft
  • 1951 built
  • R2308593

$1,190,000

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Secondary Information

General Info

Status
Active
Sub-Area
Norgate
Area
North Vancouver
City
North Vancouver
Province
BC
Taxes
$5,416 / 2017
Property Type
House/Single Family
Home Style
Rancher/Bungalow
SIZE: 1,426 sqft TAXES (2017): $5,416
MLS®: R2308593
TYPE: House/Single Family $/Sq.Ft: 835
SUBAREA: Norgate

Description

Long term investors this is the ultimate passive investment. Immediate gain (priced under market value). No expenses to pay, taxes, insurance, upkeep all paid for by the current owner who will remain resident. Seller is 70 years old and will maintain a Life Estate interest. Seller may consider paying rent and/or releasing the life estate to the owner for possession upon moving out of the home permanently (to a nursing home for example) dependent on the price negotiated. Possible vendor take back mortgage financing option at 0% interest, favoured terms 20% down remainder amortized over 10 years. Invest in this large bright lot in the evolving community of Norgate. A unique opportunity for serious investors.

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Listing Courtesy of Macdonald Realty
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