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608 Harewood Rd Nanaimo, British Columbia V9R 2Z7

$449,000

Attention Builders and Investors: Opportunity in the Heart of Nanaimo’s University District! 608 Harewood Rd. This is your chance to purchase an R5 Lot to build up to a 4 Plex. This 6463 sq. ft parcel of land is ready for your ideas and development. This lot boasts excellent laneway access and is located just a short walk from VIU, a prime area for rental demand. And there’s more—there is also 2 more separate lots and PIDS available under a separate MLS listing. This unique offering is a true income generator as you navigate the permitting process. Lot 1: A 6,463 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. Lot 3: 4550 sq ft vacant land. Presenting the rare opportunity to create a 3 lot, 12-unit Project. 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:57571)

Property Details

MLS® Number 1001928
Property Type Multi-family
Neigbourhood University District

Building

Size Exterior 968 Sqft
Type Multi-family

Land

Acreage No
Size Irregular 6463
Size Total 6463 Sqft
Size Total Text 6463 Sqft
Zoning Description R5
Zoning Type Unknown