Key Facts
- MLS® #: 1002516
- Property ID: SIRC2463920
- Property Type: Residential, Single Family Detached
- Living Space: 1,521 sq.ft.
- Lot Size: 0.14 ac
- Year Built: 1949
- Bedrooms: 2+2
- Bathrooms: 2
- Parking Spaces: 4
- Listed By:
- Royal LePage Parksville-Qualicum Beach Realty (QU)
Property Description
Rare opportunity in Nanaimo priced well below assessed value! This main-level entry home, sold "as is, where is," is a blank canvas for visionary buyers. Zoned R5, it offers exciting potential for small-scale multi-unit housing or restoring its original charm. Detached workshop/garage & treed yard backing onto parkland further enhance its appeal. Build equity and capitalize on this property's fantastic location near schools, shopping, & recreation. Buyers to verify all zoning details and potential with the City of Nanaimo.
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Location
720 Park Ave, Nanaimo, British Columbia, V9R 4H7 Canada
Around this property
Information about the area within a 5-minute walk of this property.
- 22.5% 50 to 64 years
- 20.88% 20 to 34 years
- 19.7% 35 to 49 years
- 14.43% 65 to 79 years
- 5.54% 5 to 9 years
- 5.37% 10 to 14 years
- 4.64% 0 to 4 years
- 4.31% 15 to 19 years
- 2.62% 80 and over
- Households in the area are:
- 57.56% Single family
- 33.07% Single person
- 9.36% Multi person
- 0.01% Multi family
- $85,367 Average household income
- $40,495 Average individual income
- People in the area speak:
- 92.82% English
- 2.13% Arabic
- 1.07% English and non-official language(s)
- 1.04% French
- 1.02% German
- 0.72% Spanish
- 0.43% Tagalog (Pilipino, Filipino)
- 0.4% English and French
- 0.31% Vietnamese
- 0.05% Mandarin
- Housing in the area comprises of:
- 62.31% Single detached
- 25.1% Duplex
- 8.5% Row houses
- 3.19% Apartment 1-4 floors
- 0.91% Semi detached
- 0% Apartment 5 or more floors
- Others commute by:
- 8.2% Foot
- 6.54% Other
- 3.14% Bicycle
- 0.02% Public transit
- 28.61% High school
- 27.47% Did not graduate high school
- 18.16% College certificate
- 14.43% Trade certificate
- 9.72% Bachelor degree
- 1.48% Post graduate degree
- 0.14% University certificate
- The average air quality index for the area is 1
- The area receives 569.45 mm of precipitation annually.
- The area experiences 7.39 extremely hot days (29°C) per year.
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- Principal and Interest $2,319 /mo
- Property Taxes n/a
- Strata / Condo Fees n/a