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Old 01-25-2022, 08:15 AM   #20424
Wormiez
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Join Date: Apr 2001
Location: Vancouver
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Quote:
Originally Posted by 68style View Post
I recall back in the early 2000’s there were some places off southwest marine drive around where the highway turns from 80-60-50 and also off the first corner where it changes form 70th into Marine Dr… that were leasehold… huge properties with mansions… a few were for sale and they stuck out because they actually showed up on my search at the time like half a mill and super deflated because of being leasehold to whatever native band owns that area… apparently that lease had not been renewed and was close to expiry and they were encountering difficulties, not sure what ended up happened with them.
Some of the cities best properties are lease holds..

For example along Spanish bank this house recently sold as a lease-hold - https://rennie.com/listings/4510-nw-...ver-bc-v6r-1b8

With a 2040 lease term, this was a cash sale. lol...
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