1281 MCBRIDE STREET

House/Single Family For Sale in Norgate, North Vancouver

$1,130,000
  • 4 Beds
  • 2 Baths
  • 1,426 Sq. Ft.
  • Built 1951

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!

Address 1281 MCBRIDE STREET
List Price 1,130,000
Property Type Residential Detached
Type of Dwelling House/Single Family
Style of Home Rancher/Bungalow
Area North Vancouver
Sub-Area Norgate
Bedrooms 4
Bathrooms 2
Floor Area 1,426 Sq. Ft.
Lot Size 7344 Sq. Ft.
Year Built 1951
MLS® Number R2390182
Listing Brokerage Macdonald Realty
Basement Area None
Postal Code V7P 1G2
Tax Amount $5,366
Tax Year 2018
Site Influences Private Yard, Central Location, Shopping Nearby
Features Jetted Bathtub, Drapes/Window Coverings, ClthWsh/Dryr/Frdg/Stve/DW, Microwave, Vacuum - Built In, Fireplace Insert, Storage Shed

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Michelle Vaughan

Royal Pacific Lions Gate Realty

202 – 1555 Marine Drive West Vancouver B.C. V7V 1H9

Mobile: 604-839-3000

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