House
5 Bedrooms
2 Bathrooms
Size: 2,034 sqft
Built in 1964
$749,900
About this House in University District
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.
Lot Features Of 308 Harewood, University District, Nanaimo
Central Location, Cul-De-Sac, Easy Access, Recreation Nearby, Shopping Nearby
Location Features:
Transit Nearby
Listed by Royal LePage Nanaimo Realty (NanIsHwyN).
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: MLS® property information is provided under copyright© by the Victoria Real Estate Board & Vancouver Island Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.
More Details
- MLS®1026160
- Bedrooms5
- Bathrooms2
- TypeHouse
- Size2,034 sqft
- Lot Size6,996 sqft
- Year Built1964
More about University District, Nanaimo
Latitude: 49.15593942
Longitude: -123.95644391
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