608 Harewood Rd Active

Nanaimo,BC V9R2Z7

$ 884000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision University District

MLS Listing ID 984916

Originating Board Vancouver Island Real Estate Board

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 Unknown

Exterior

Parking Features No

View Y/N No

Private Pool No

Others

Ownership Freehold

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