NANAIMO

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Buying Your New Home

Let me help you every step of the way with your new home purchase. When purchasing a home, you are faced with a multitude of decisions! The primary one is whether you are actually prepared to purchase a home. Locating the perfect home is not always an easy task, and obtaining a mortgage loan can be a complex and tiring process. Although, once you have determined that you are ready to move forward with the required effort towards your home-purchasing goal, the rewards are unquestionable.

 

I will make the process of purchasing a home easier, more enjoyable, less time-consuming, and less expensive than if you undertook this challenge on your own. I will help you prepare so that sellers perceive you as a preferred buyer, help you locate and assess properties for sale that match your specifications, and help you through the myriad of details attending the actual purchase.

 

I am always familiar with the current homes on the market, and I know neighborhood values well, so I can help you determine which properties are fairly-priced and in good condition before you start your search.

Your First Step

Your first step to buying a home is to first ask yourself why you want to buy a home: to stop paying rent? To start building equity? To have a place of your own? To raise a family? To entertain business associates? To move up to a bigger house? Next, list what kind of home you'd like and where you would like to be. Be specific. Separate the "must haves" from the "want to haves."

 

Think of yourself as zeroing in on a target, going from the general to the specific. Consider area (city, suburban neighborhood, country); community (north, south, east, or west side); neighborhood (older and settled or sparkling new; a particular school zone; recreational facilities; and other community services such as transportation, day care, library, stores, entertainment). Ask yourself how many minutes you are willing to commute to work.

 

Think about home styles. How much space do you need? Does your situation require a one-level home, or are stairs acceptable? Consider size and kind of property. Do you want a newer home, or maybe an older one to fix up? Someday you or your heirs will want to sell. Consider how long you expect to live in this particular home.

Your Next Step: Loan Pre-Qualification

Once you have addressed the above needs, your next step in the purchasing process is to get pre-qualified with a mortgage company. This can be done over the phone or even online in a matter of minutes.

 

Call me and I will refer you to a mortgage professional that has an excellent reputation and track record for successfully acquiring loan approval for his/her clients.

I Will Find The Right Homes For You

Once you've been pre-qualified and know what price range you want to stay in, I can help you determine which properties fit your needs by using the (MLS) Multiple Listing Service system to locate them.

 

I have the best possible resources and communication systems available today to help you locate the homes on the market that match your specifications. You can even search my listings here at my website.

I Will Help You Every Step Of The Way

I will help you complete your financing and inspections, and close on the transaction. My top priority is to make sure that your home buying experience is pleasant, cost-efficient, and successful.

Mortgage Calculator


This calculator is for information purposes only. Users should not use this calculator to make any financial decisions and should speak with their bank or mortgage broker. The website owner does not guarantee the accuracy or reliability of any information or calculations provided by this calculator. The website owner is not liable for loss or damage of any kind arising from the use of this tool.

720 Park Ave
Na South Nanaimo Nanaimo V9R 4H7

$475,000
Residential beds: 4 baths: 2.0 1,521 sq. ft. built: 1949

Main Photo: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
Photo 1: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
Photo 2: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
Photo 3: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
Photo 4: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
Photo 5: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
Photo 6: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
Photo 7: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
Photo 8: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
Photo 9: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
Photo 10: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
Photo 11: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
Photo 12: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
Status:
Active
Prop. Type:
Residential
MLS® Num:
1002516
Bedrooms:
4
Bathrooms:
2
Year Built:
1949
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.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1949 (Age: 76)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
1,521 sq. ft.
Listing General Location:
Na South Nanaimo, Nanaimo
Bedrooms:
4
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
6,000 sq. ft.
Kitchens:
1
Taxes:
Construction:
Stucco & Siding, Wood
New Construction:
No
Basement:
Finished, Full
Foundation:
Other
Roof:
Asphalt Shingle
Levels:
2
Ceiling Heights:
Floor finish:
Mixed
Total Building Area:
1,521 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
2
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
725 sq. ft.
Living Area Main Floor:
796 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer To Lot
Cooling:
None
Heating:
Forced Air, Natural Gas
Fireplace:
No
Pending Date:
Dishwasher, F/S/W/D
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Lower Level
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
Lower Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
R5
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
2
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Owner
Property Condition:
Resale
Exposure / Faces:
West
Layout:
Main Level Entry with Lower Level(s)
Lot Site Features:
Recreation Nearby, Shopping Nearby
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
1
Garage:
Yes
Parking Features:
Driveway, Garage, Other
Total Parking Spaces:
4
Total Units:
Date Listed:
Jun 06, 2025
Original Price:
475000.0
  • Photo 1: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
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  • Photo 2: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
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  • Photo 3: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
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  • Photo 4: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
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  • Photo 5: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
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  • Photo 7: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
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  • Photo 8: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
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  • Photo 9: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
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  • Photo 10: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
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  • Photo 11: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
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  • Photo 12: 720 Park Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1002516
    Photo 12 of 12
Listed by Royal LePage Parksville-Qualicum Beach Realty (QU)
Data was last updated June 14, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
126
Avg list price:
$649,900
Min list price:
$174,900
Max list price:
$21,000,000
Avg days on market:
44
Min days on market:
1
Max days on market:
440
Avg price per sq.ft.:
$408.37
These statistics are generated based on the current listing's property type and located in Na South Nanaimo. Average values are derived using median calculations.
JOE SQUIRE
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.