Quote:
Originally Posted by Tapioca
I'm not sure about those particular townhouses (the modern design strikes me as being freehold), but the vast majority of the properties in the non-grid streets and cul-de-sacs south of the mall is leasehold (99 years, I believe).
There are a few such properties listed on MLS right now.
Another far out there option for having a detached home within the City of Vancouver is buying a lease on Musqueam. However, I understand that the band is in negotiations to raise the annual rents though. At least you won't be competing with offshore buyers for such leases. The city of Vancouver has a pretty good relationship with the band, so you'll always have garbage picked up on time, etc.
|
Learn something new every day. Did not know that area had leasehold.
I think we just need to sit down and write out a big pros and cons / must haves and nice to haves list and see where that takes us. Along with a rough budget.