1281 McBride Street, North Vancouver
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.
Taxes (2021): $5,709.81