Active

608 Harewood Rd

Nanaimo BC, V9R 2Z7

$884,000


$913.22 per sqft

Active

968 sqft

Commercial

Attention Builders and Investors: A Rare Opportunity in the Heart of Nanaimo's University District! This is your chance to secure two separate, fully legal lots (two PIDs), both zoned R5, allowing for the construction of 2 fourplexes. This unique offering is a true income generator as you navigate the permitting process. Lot 1: A 6,457 sq. ft. property featuring a rentable home that is currently vacant--perfect for immediate revenue potential. Lot 2: A 4,525 sq. ft. parcel of vacant land, ready for development. Both lots boast excellent laneway access and are located just a short walk from VIU, a prime area for rental demand. And there's more--an additional lot is available under a separate MLS listing, presenting the rare opportunity to create a 3 lot, 12-unit project -.Opportunities like this are unheard of in the University District. Whether you're looking to build, develop, or invest, this is a strategic acquisition you don't want to miss! All measurements are approximate

984916

MLS ID

January 21, 2025

Listed

January 21, 2025

Updated

Map

608 Harewood Rd
Nanaimo BC, V9R 2Z7

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.25 Acres

Other Property Details

Area Name

Nanaimo


Taxes

$3,087


Tax Frequency

Annually


Garage

No


Parking

On Site


View

No


County

Nanaimo, City of


Pool

No


Zoning

R5

Courtesy of RE/MAX of Nanaimo, Kelly Whitton

Listing Contact: 250-933-5333 

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. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Charlie Parker Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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