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608 Harewood Rd
Nanaimo British Columbia V9R2Z7 Canada

$884,000

Active Listing ID 984916
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Multi-family

$884,000

Active Listing ID 984916
Save

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 (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Additional Features
  • Basement
Listing Changed: 1/21/2025 11:20:21 PM GMT
Source Updated Date: 2/20/2025 4:09:18 AM GMT

Courtesy of: Kelly Whitton, Personal Real Estate Corp, RE/MAX of Nanaimo