308 Harewood Rd, Nanaimo, BC V9R 2Z2

$719,900
5
BD
2
BA
2,034
SqFt

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Courtesy of Royal LePage Nanaimo Realty (NanIsHwyN)

List Price
$719,900
Status
ACTIVE
MLS®
1026160
Price Change
▼ $30,000 1780519194
Property Type
Single Family Residential
Year Built
1964
Style
M Lev Ent w/Bsmt
Bedrooms
5
Total baths
2
Living Area
2,034
Acres
0.15
Lot Size
6,996
District
Nanaimo
Neighbourhood
Na University District

Property Description

Discover 308 Harewood Rd, a smart investment or development in Nanaimo’s vibrant corridor. This property offers a 3-bedroom, 1-bathroom main residence plus a separate 2-bedroom, 1-bathroom legal suite—ideal for mortgage support through rental income. Situated on a rare lot with multiple road frontages and zoned COR1 (Residential Corridor), the development potential is enormous. The COR1 designation allows small-scale multi-family or mixed-use projects, making this a canvas for future redevelopment or continued income generation, tenants in both units help cover costs, while you plan your redevelopment project. Location is prime: a short walk to Vancouver Island University, plus nearby shopping, parks and transit. Whether you’re an investor eyeing growth or a homeowner seeking extra revenue and future flexibility, this versatile Nanaimo property has it all. Embrace the opportunity of multi-use zoning, supportive income, and unbeatable location.

Additional Information

Layout
Main Level Entry with Lower Level(s)
Lot Features
Central Location, Cul-De-Sac, Easy Access, Recreation Nearby, Shopping Nearby
Heating
Baseboard, Electric, Forced Air
Roof
Asphalt Shingle
Parking Spaces
6
Interior Features
Additional Accom.
Additional Accomodation
Exists
Parking Type
Carport, Driveway
Kitchens
2
Laundry Feature
In Unit
Fireplace Description
Wood Burning
Taxes
$3,779
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

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Calculator source: Real Geeks

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