Area: British Columbia
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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 (id:44056)

Property Details

Full Address:
608 Harewood Rd, Nanaimo, British Columbia
Price:
$ 884,000
MLS Number:
984899
List Date:
January 21st, 2025
Lot Size:
11013 sq.ft.
Year Built:
1910
Taxes:
$ 3,087

Interior Features

Bathrooms:
1
Air Conditioning:
None
Heating:
Baseboard heaters, Electric

Building Features

Zoning:
Residential
Garage Spaces:
4
Ownership Type:
Freehold
Taxes:
$ 3,087

Floors

Finished Area:
968 sq.ft.
Main Floor:
968 sq.ft.

Land

Lot Size:
11013 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Kelly Whitton Personal Real Estate Corporation RE/MAX of Nanaimo
 250-933-5333
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Listing Agent(s)

Listing: Kelly Whitton
RE/MAX of Nanaimo

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