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1/4 Share in Cessna 150-L For Sale

Fly Right Now!

We’re selling 1/4 share in a 1972 Cessna 150. The plane is hangared at Pitt Meadows.

Approximately 500 hours SMOH (new cylinders, etc) – time varies as it is flown regularly.

  • Gyros (turn indicator, heading indicator and attitude indicator) are low time
  • New alternator and starter
  • MK 12D Navcom
  • KLX Bendix King GPS/Com
  • Collins 650 ADF
  • Narco AT 150 Transponder
  • KA 134 Audio Panel
  • Portable 496 Garmin Yoke Mount GPS
  • Fresh Annual

There are two shares available. One partner currently has two shares and is selling one of them, and the other share is being sold by a partner who is leaving the country. Each share is prices at $6,500.00.


Share purchase includes a 1/4 share in the airplane and a 1/4 interest in the partnership that maintains the airplane. The partnership agreement lays out the terms and conditions of ownership and and how operating and maintenance costs will be handled.

Monthly Costs

  • Monthly rent for the T-hangar is $238.00.
  • Insurance is approximately $100.00/month
  • Annual generally costs between $100.00-$135.00/month
  • There are usually a few repair bills during the year, but these are unknowns

My name is Rob Chipman and I’m a realtor and pilot based in Vancouver, BC. I AM NOT A FLIGHT INSTRUCTOR AND I AM NOT OFFERING FLIGHT INSTRUCTION! I am sharing my study notes and other things I’ve learned while getting my education as a pilot. You’re welcome to make use of this information, but do not treat it as expert advice.

I really enjoy flying, real estate and the Chilcotin.  My company is Coronet Realty Ltd., located at 3582 East Hastings Street, Vancouver, BC, V5K 2A7. I have a C-150L that I own with two other pilots, based out of Pitt Meadows. Do not hesitate to contact me by email if I can help you do anything, especially if its likely to be interesting or concerns selling remote property in British Columbia.

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