Musqueam Houses for Sale
Discover Your New Home In Musqueam
Musqueam is a unique area located on the South-Western section of Vancouver’s West Side—close to Pacific Spirit Park, UBC, schools, walking trails and Dunbar and Kerrisdale shopping districts. An ideal location for many, this stretch of land is owned by the Musqueam Indian Band, the only First Nations band whose reserve community lies within the boundaries of the City of Vancouver.
About Musqueam Properties
Musqueam’s Endowment lands contain both Prepaid and Non-Prepaid Lease Properties
Prepaid LeasesThese are leasehold properties where the term of the lease ends in 2073. That means there are no annual Lease payments.
Located in the Southern section of the Musqueam Lands, a select few of these homes overlook the Fraser River. The homes in this section are large family homes on large lots, many with pools, and all enjoying a short drive to the airport.
Financing for these homes is available from traditional banks or other lending institutions, and a minimum down payment required for a prepaid lease is approximately 30%.
Non-Prepaid LeasesNon-prepaid leases are leasehold properties where the term of the lease ends in 2064, which are also subject to periodic increases every 20 years—the last increase was in 2015 and the next increase will be in 2035. While this keeps the average cost of these homes lower, it can be difficult to obtain financing from traditional lending institutions, such as banks or credit unions.
These sweeping homes can provide a wonderful standard of living for families, at an affordable cost when compared to the typically high pricing of freehold properties in Vancouver. Many non-prepaid homes sit on large lots, with big backyards and often outdoor pools. They also enjoy a short drive to Downtown and the airport alike.
Explore all properties currently for sale in this beautiful neighbourhood below.
4288 MUSQUEAM DRIVE - MLS® # R2869288
Property Details
Property Value
$1,848,000
Living Area
2,062 sq ft.
Bedrooms
3
Bathrooms
2
Lot Size Area
9524.0 sqft
Est. Property Tax
$9,361
Type
House/Single Family
Style
Rancher/Bungalow
Basement
None
Year Built
1974
Description
Pretty SOUTH facing, designer landscaped. Renovated home on a LARGE 80 x 117 sqft lot. Executive Rancher. Spacious rooms, private & bright all on 1 level! New windows, doors, driveway, garage door, pot lights, newer asphalt roof, 2 fireplaces, renovated bathrooms w/Kohler fixtures. This charming home is well maintained, renovated & features an updated kitchen, w/ high end wood cabinets, 3 large bedrms (1 bedrm does not have a closet), dining room, eating area, expansive living/family rooms. Fabulous south facing garden, red cedar fence, perfect for gardening & entertaining, or relax in your outdoor covered porch. Close to UBC, Shaughnessy Golf Course, Pacific Spirit Park & Kerrisdale. Quiet location. Best value on the Westside! Pre-paid lease until 2073.
4288 MUSQUEAM DRIVE, Vancouver West
Listing Provided By
RE/MAX Crest Realty
Additional Property Photos
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