608 Harewood Rd new

Nanaimo,BC V9R 2Z7

$ 884000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 984916

Annual Tax Amount $3,087

Tax Year 2024

Lot Size 10,890 Sqft

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

Location

Province BC

County Nanaimo, City Of

Area Nanaimo

Zoning R5

Exterior

Parking On Site 1

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