1281 Mcbride Street, North Vancouver, BC

Residential, House

  • $1,130,000
  • 4 BEDS
  • 2 BATHS
  • 1,426 sq.ft. Home
  • 1281 Mcbride Street, North Vancouver, BC
  • 4 BEDS
  • 2 BATHS
  • 1,426 sq.ft. Home
  • $1,130,000

Key Facts

  • MLS ID: R2390182
  • Property Type: Residential, House
  • Living Space: 1,426 sq.ft.
  • Lot Size: 7,344.24 sq.ft.
  • Year Built: 1951
  • Bedrooms: 4
  • Bathrooms: 2
  • Other Taxes 2018: $5,366
  • Approximate Age: 68
  • Listed By:
  • Macdonald Realty

Property Description

Long term investors this is the ultimate passive investment. Offered under current market value, this is a unique opportunity. Seller will remain resident and will be responsible for all expenses (property taxes, insurance, maintenance) via a Life Estate registered on title. Seller is 70 years old. Vendor take back mortgage financing can be provided at 0% interest, favoured terms 20% down remainder amortized over 10-15 years. 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. A unique opportunity for serious investors!

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Addendum

ClthWsh/Dryr/Frdg/Stve/DW,Drapes/Window Coverings,Fireplace Insert,Jetted Bathtub,Microwave,Storage Shed,Vacuum - Built In, Central Location,Private Yard,Shopping Nearby

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This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. Copyright 2019 by the Real Estate Board of Greater Vancouver, Fraser Valley Real Estate Board, Chilliwack and District Real Estate Board, and BC Northern Real Estate Board. All Rights Reserved.
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