608 Harewood Rd Active

Nanaimo,BC V9R 2Z7

$ 799000

0 Bed

1 Bath

968 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 968 sqft

Price per Sqft $825

MLS Listing ID 984899

Style Main Level Entry with Lower Level(s)

Year Built 1910

Annual Tax Amount $3,087

Tax Year 2025

Lot Size 10,890 Sqft

Property Sub-Type Single Family Detached

Property Description

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

Location

State BC

County Nanaimo, City Of

Area Nanaimo

Zoning R5

Rooms

Kitchen 0

Interior

Heating Baseboard,Electric

Cooling None

Laundry In House

Exterior

Parking Features On Street,Open

Roof Type Asphalt Shingle

Building

Foundation Block

Sewer Sewer Connected

Water Municipal

Structure Type Wood

Others

Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs

View More
Favorite Go Tour