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$ 799,000
Est. payment /mo
Price Dropped by $85K
608 Harewood Rd Nanaimo, BC V9R2Z7
1 Bath
968 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 968 sqft
Price per Sqft $825
Subdivision University District
MLS® Listing ID 984899
Originating Board Vancouver Island Real Estate Board
Year Built 1910
Lot Size 0.253 Acres
Acres 11013.0
Property Sub-Type Freehold
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 (id:24570)
Location
Province BC
Zoning Residential
Rooms
Kitchen 0.0
Extra Room 1 Main level 4-Piece Bathroom
Interior
Heating Baseboard heaters,
Cooling None
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 4
Private Pool No
Others
Ownership Freehold
Listed by RE/MAX of Nanaimo
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