We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
561 Fourth St, NANAIMO
2025-11-10
Quick Summary
- Location
- 561 Fourth St, NANAIMO, British Columbia V9R1T9
- Price
- $599,900
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 1852 sqft
- Bedrooms:
- 3
- Bathrooms:
- 2
- Year of Construction:
- 1955
MLS®#1020080
Property Description
Attention investors, developers, and savvy buyers! This 3 bedroom, 2 bathroom fixer-upper is packed with potential in one of the most desirable locations in Nanaimo, just a short walk from the university, shops, and local amenities. Zoned for detached duplexes or a 4-plex, this property offers flexible redevelopment options with an active building permit and demolition permit already in place, saving you time and money. The existing home has solid bones and could be transformed into a great income-producing rental property with some renovation and creativity while you wait for the perfect time to build. Whether you’re looking to build new, expand your rental portfolio, or flip for profit, this property checks all the boxes: prime location, flexible zoning, and major permits ready to go. Opportunities like this are rare — don’t miss your chance to capitalize on this property that is priced below assessed value! (id:32467)
Property Features
Building
- Appliances: Refrigerator, Stove, Washer, Dryer
- Cooling Type: None
- Fireplace: Yes
- Interior Size: 1852 sqft
- Building Type: House
Features
- Feature: Other, Marine Oriented
Land
- Land Size: 8712 sqft
Ownership
- Type: Freehold
Information entered by 460 Realty Inc. (NA)
Listing information last updated on: 2025-11-10 21:53:25
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
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We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
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Joe Squire REALTOR ® MBA
- Phone:
- (250) 802-5899
- Mobile:
- (604) 626-9259
- Email:
- joe@joesquire.com
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- 250-618-8213
- Email:
- mynanaimohome@gmail.com
- Support Area:
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Nanaimo Real Estate Specialist!Karelyn is a second generation real estate agent serving the Nanaimo ...
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- Phone:
- 250-616-2098
- Email:
- kerr014@gmail.com
- Support Area:
- Nanaimo, Cedar, Cinnabar Valley, Ladysmith, Parksville, Vancouver Island
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