1281 MCBRIDE STREET

House/Single Family For Sale in Norgate, North Vancouver

$1,350,000
  • 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 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.
Address 1281 MCBRIDE STREET
List Price $1,350,000
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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Adam Chahl

Oakwyn Realty Downtown

1286 Homer Street Vancouver British Columbia V6B 2Y5

Office: (604) 800-8710

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