Active

50 Harewood Rd

Nanaimo BC, V9R 5X5

$1,550,000


$838.29 per sqft

Active

1,849 sqft

Commercial

Excellent Commercial/Residential Investment Opportunity in the University District of Nanaimo, BC. The 1/2 acre treed & level property features an 1849 Sq. Ft. Single Family Home over 2 levels and a 6-Unit apartment building. The property is situated on a corner with good traffic exposure with close proximity to downtown Nanaimo and amenities such as parks, shopping, restaurants, recreation, schools, and Vancouver Island University. The apartment building has 2 bachelor suites, four 1-Bed suites, coin-op laundry, separate hydro meters and lots of parking is available. There is a separate workshop and double garage providing additional income. Potential small-scale commercial/mixed-use businesses (e.g., hair/esthetic salon, appliance repair) could be allowed on site. The main house could serve as a residence or a rental while providing multiple streams of income through various facilities on the premises. The location and features make it a versatile investment with significant potential.

972562

MLS ID

August 6, 2024

Listed

September 27, 2024

Updated

Map

50 Harewood Rd
Nanaimo BC, V9R 5X5

Interior Features

Floor Description

Mixed


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.48 Acres


Lot Features

Central Location, Corner Lot, Irregular Lot, Landscaped, Recreation Nearby, Shopping Nearby


Sewer

Sewer Connected

Other Property Details

Area Name

Nanaimo


Taxes

$9,123


Tax Frequency

Annually


Days on Market

44


Garage

No


Parking

On Site


View

No


County

Nanaimo, City of


Water Source

Municipal


Pool

No


Zoning

R6

Courtesy of RE/MAX of Nanaimo, Brent Russell

Listing Contact: 250-739-3633 

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