Long term investors this is the ultimate passive investment. Buy now, realize immediate gain (priced well under market value), then sit back! No expenses to pay, taxes, insurance, upkeep all paid for by the current owner, who will remain the resident and will pay a nominal rent of $2,000 per month. Current owner is 70 years old and will maintain a Life Estate interest. Possible vendor take back mortgage financing option at 0% interest, down payment negotiable. Invest in this large bright lot in the evolving community of Norgate. A unique opportunity for serious investors.
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.