Property Details

List Price
$1,350,000
MLS®
R2635883
Type
House/Single Family
Style
Rancher/Bungalow
Year Built
1951
Taxes
$5709.81 (2021)
Living Area
1426 Sq.Ft.
Lot Frontage
68.00 ft
Lot Depth
108 ft
Lot Size Area
7344 Sq.Ft.
Bedrooms
4
Bathrooms
2
Maintenance Fee
$0.00/mo

Norgate

1281 MCBRIDE STREET, Norgate, North Vancouver, BC, V7P 1G2, Canada

Description

Long term investor alert. An opportunity to own this great home which sits on a fabulous over 7300 sqft lot with a super south facing private garden at far BELOW MARKET VALUE. In exchange, the seller will remain resident via a Life Estate registered on title and responsible for all repair & maintenance of the home, insurance costs and the utilities portion (2021 = $1,827.40) of property taxes. Life estate will be released for owner for possession upon seller's death or upon moving out of the home permanently (to a care facility for example). Seller is 73 years old. Note, lenders will not provide a mortgage with a Life Estate on title. Seller may finance over 10 years only for qualified buyer. Serious investors only please! No rent will be payable by the seller at this new price.

Amenities

None

Features

ClthWsh Dryr Frdg Stve DW Drapes Window Coverings Fireplace Insert Jetted Bathtub Microwave Storage Shed

Listing Provided By

Macdonald Realty

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Agent

Name: Rod & Rhea Hayes

Mobile: 604.240.1927

Office Phone: 604.421.1010

Email: [email protected]