House for sale

1281 McBride Street, Norgate, North Vancouver

$1,350,000 or
$1,350,000 or

House for sale

1281 McBride Street, Norgate, North Vancouver

Features

Lifestyle
9 rooms
4 bedrooms
2 bathrooms
262657510 1350000 /en/house~for-sale~norgate-north-vancouver/262657510?view=Summary /en/house~for-sale~norgate-north-vancouver/262657510/photos 49.3186100000 -123.1105500000 true
Style
Rancher/Bungalow
Year Built
1951
Floor Area
1,426 sqft
Lot Size
7,344 sqft
Lot Frontage
68 ft
Parking Spaces
2
Property Taxes
$5,709 (2021)
Additional Features
ClthWsh/Dryr/Frdg/Stve/DW, Drapes/Window Coverings, Fireplace Insert, Jetted Bathtub, Microwave, Storage Shed
75

Description

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 far BELOW MARKET VALUE. In exchange, the seller will remain resident via a Life Estate registered on title 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! No rent will be payable by the seller at this new price.
MLS® Number R2635883

Listing REALTOR®

Julia Stauffer, REALTOR<sup>®</sup>

Julia Stauffer

REALTOR®

Macdonald Realty

Macdonald Realty,

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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