1281 MCBRIDE STREET

House/Single Family For Sale in Norgate, North Vancouver

$1,600,000
  • 4 Beds
  • 2 Baths
  • 1,426 Sq. Ft.
  • Built 1951
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 BELOW MARKET VALUE. In exchange, the seller will remain resident via a Life Estate registered on title; paying rent of $2,000 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!
Address 1281 MCBRIDE STREET
List Price $1,600,000
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 R2635883
Listing Brokerage Macdonald Realty
Basement Area None
Postal Code V7P 1G2
Zoning RSN
Tax Amount $5,710
Tax Year 2021
Site Influences Central Location, Private Yard, Shopping Nearby
Features ClthWsh/Dryr/Frdg/Stve/DW, Drapes/Window Coverings, Fireplace Insert, Jetted Bathtub, Microwave, Storage Shed
Amenities None

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Arash Solaimani

Royal LePage Sussex

2397 Marine Drive West Vancouver BC V7V 1K9

Mobile: 778-688-0544

Office: 604-925-2911

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