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 |
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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 |
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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 |
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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 |
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Rental Policy | Unrestricted |
Agricultural Land Reserve (ALR)? | No |
Lot Features | Central Location, Corner, Irregular Lot, Landscaped, Recreation Nearby, Shopping Nearby |
Listing Details
Office | RE/MAX of Nanaimo |
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