50 Harewood Rd, Nanaimo, BC

$1,550,000

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3

Beds

2

Baths

1,783

Square feet

0.48

Acres

About 50 Harewood Rd

Excellent Commercial/Residential Investment Opportunity in the University District of Nanaimo, BC. The ½ acre treed and level property features an 1,849 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 & 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.

Basic Information

Price $1,550,000
MLS® # 976699
Sub-Type Single Family Detached
Beds 3
Baths 2.00
Kitchens 1
Interior SqFt 1,849
Lot Size 0.48 Acres

Location Information

Address 50 Harewood Rd
Postal Code V9R 5X5
Area Nanaimo
Sub Area University District
Jurisdiction City of Nanaimo
PID Number 002-697-131
Waterfront? No

Features & Amenities

Water Municipal
Sewer Sewer Connected
Heating Baseboard, Electric
Cooling None
Foundation Details Poured Concrete
Property Condition Resale
Laundry In House
Parking Additional, Driveway, Open

Additional Information

Pet Policy Aquariums, Birds, Caged Mammals, Cats, Dogs
Rental Policy Unrestricted
Agricultural Land Reserve (ALR)? No
Lot Features Central Location, Corner, Irregular Lot, Landscaped, Recreation Nearby, Shopping Nearby

Listing Details

OfficeRE/MAX of Nanaimo

Listing Map