Long term investors this is the ultimate passive investment. Immediate gain (priced under market value). No expenses to pay, taxes, insurance, upkeep all paid for by the current owner who will remain resident. Seller is 70 years old and will maintain a Life Estate interest. Seller may consider paying rent and/or releasing the life estate to the owner for possession upon moving out of the home permanently (to a nursing home for example) dependent on the price negotiated. Possible vendor take back mortgage financing option at 0% interest, favoured terms 20% down remainder amortized over 10-15 years. Invest in this large bright lot in the evolving community of Norgate. A unique opportunity for serious investors.
The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board.
Listing information last updated on April 18th, 2019 at 11:38am CDT.