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1281 McBride Street, North Vancouver Listing #: R2390182

$1,130,000
4 Beds
2 Baths
1,426 Sqft
7,344 Lot SqFt
1951 Built


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!
Taxes (2018): $5,366.12
Features
  • ClthWsh
  • Dryr
  • Frdg
  • Stve
  • DW
  • Drapes
  • Window Coverings
  • Fireplace Insert
  • Jetted Bathtub
  • Microwave
  • Storage Shed
  • Vacuum - Built In
Site Influences
  • Central Location
  • Private Yard
  • Shopping Nearby

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MLS Reciprocity

Listed By: Macdonald Realty

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