1281 MCBRIDE STREET, North Vancouver | $1,250,000

Long term investor alert! This is a unique opportunity. Seller will remain resident after completion via a Life Estate registered on title. Will remain responsible for the utilities portion of property taxes, cost of insurance, all repairs & maintenance but no rent payable. Life estate will be released for owners possession of the property upon the seller's death or moving out of the home permanently (to a care facility for example). Seller is 75 years old. Serious investors only please. Ask about possible vendor financing

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Description

Long term investor alert! This is a unique opportunity. Seller will remain resident after completion via a Life Estate registered on title. Will remain responsible for the utilities portion of property taxes, cost of insurance, all repairs & maintenance but no rent payable. Life estate will be released for owners possession of the property upon the seller's death or moving out of the home permanently (to a care facility for example). Seller is 75 years old. Serious investors only please. Ask about possible vendor financing

General Info

MLS Listing ID: R2833309 Bedrooms: 4 Bathrooms: 2 Year Built: 1951
Parking: N/A Heating: Forced air Lotsize: 7344 sqft Air Conditioning : N/A
Home Style: Storage Shed Finished Floor Area: N/A Fireplaces: N/A Basement: N/A

Amenities/Features

  • Central location

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .