House for sale
308 Harewood Rd, Nanaimo
$824,900
Features
Style
Main Level Entry With Lower Level(s)
Year Built
1964
Floor Area
1,950 sqft
Lot Size
6,534 sqft
Gross Property Tax
$3,779 /year
Amenities
Transit Nearby
Additional Features
Central Location, Cul-de-sac, Easy Access, Recreation Nearby, Shopping Nearby
Description
Discover 308 Harwood 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.
MLS® Number 1001158