608 Harewood Rd, Nanaimo, BC

$884,000

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1

Bath

968

Square feet

0.25

Acres

About 608 Harewood Rd

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

Basic Information

Price $884,000
MLS® # 984899
Sub-Type Single Family Detached
Year Built 1910
Baths 1.00
Interior SqFt 968
Lot Size 0.25 Acres

Location Information

Address 608 Harewood Rd
Postal Code V9R 2Z7
Area Nanaimo
Sub Area University District
Jurisdiction City of Nanaimo
PID Number 005-802-661
Waterfront? No

Features & Amenities

Water Municipal
Sewer Sewer Connected
Heating Baseboard, Electric
Cooling None
Foundation Details Block
Property Condition Land Value Only
Laundry In House
Parking On Street, Open

Additional Information

Pet Policy Aquariums, Birds, Caged Mammals, Cats, Dogs
Rental Policy Unrestricted
Agricultural Land Reserve (ALR)? No

Listing Details

OfficeRE/MAX of Nanaimo

Listing Map