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Listing Details

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1281 MCBRIDE STREET - MLS® # R2390182

Property Details


List Price
$1,130,000
Living Area
1,426 sqft.
Bedrooms
4
Bathrooms
2
Lot Size Area
7344 sq.ft.
Taxes
5366.12
Type
House/Single Family
Style
Rancher/Bungalow
Basement
None
Year Built
1951

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!

Listing Provided By

Macdonald Realty

The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver. Real estate listings held by participating real estate firms are marked with the MLSR logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver. Copyright 2019 by the Real Estate Board of Greater Vancouver, Fraser Valley Real Estate Board, Chilliwack and District Real Estate Board, BC Northern Real Estate Board, and Kootenay Real Estate Board. All Rights Reserved.

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  • Alex Kubyshyn
  • 604-926-5400
  • 604-926-5400
  • 604-926-5400
  • SOLD@AlexVancouver.com
  • RE/MAX Masters Realty
  • 1453 Bellevue Avenue
  • West Vancouver, BC
  • V7T 1C3