1281 Mcbride Street, North Vancouver

$1,600,000

4 Beds
2 Baths
1,426 Sqft
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 BELOW MARKET VALUE. In exchange, the seller will remain resident via a Life Estate registered on title; paying rent of $2,000 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!

Property Details
Price$1,600,000
Year Built1951
TypeResidential Detached
Sub-TypeHouse/Single Family
StyleRancher/Bungalow
Finished Levels1
Main Floor1,426 sqft
Total Size1,426 sqft
Bedrooms4
Full Baths2
Fireplaces1
BasementNone
Property Taxes$5,710 /year
Title to LandFreehold NonStrata
Additional Information
MLS® #R2635883
Address1281 Mcbride Street
SubdivisionNorgate
AreaNorth Vancouver
ProvinceBC
Listing OfficeMacdonald Realty
Amenities and Features
AmenitiesNone
FeaturesClothes Washer/Dryer/Fridge/Stove/DW, Drapes/Window Coverings, Fireplace Insert, Jetted Bathtub, Microwave, Storage Shed
Parking Spaces2
ParkingOpen
Site InfluencesCentral Location, Private Yard, Shopping Nearby
HeatingForced Air, Electric
Lot Size
Lot Area7,344 sqft
Frontage68 ft
Depth108 ft
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Listing information last updated on January 16th, 2022 at 8:15pm PST.