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.
Address
308 Harewood Rd
List Price
$824,900
Property Type
Residential
Type of Dwelling
Single Family Residence
Area
Nanaimo
Sub-Area
Na South Nanaimo
Bedrooms
5
Bathrooms
2
Floor Area
2,034 Sq. Ft.
Lot Size
6534 Sq. Ft.
Lot Size (Acres)
0.15 Ac.
Year Built
1964
MLS® Number
1001158
Listing Brokerage
Royal LePage Nanaimo Realty (NanIsHwyN)
Basement Area
Finished, Full, Walk-Out Access
Postal Code
V9R 2Z2
Tax Amount
$3,779.00
Tax Year
2024
Features
Baseboard, Electric, Forced Air
Amenities
Central Location, Cul-De-Sac, Easy Access, Recreation Nearby, Shopping Nearby
