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
Address
608 Harewood Rd
List Price
$884,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Area
Nanaimo
Sub-Area
Na University District
Bathrooms
1
Floor Area
968 Sq. Ft.
Lot Size
11013 Sq. Ft.
Lot Size (Acres)
0.25 Ac.
Year Built
1910
MLS® Number
984899
Listing Brokerage
RE/MAX of Nanaimo
Basement Area
None
Postal Code
V9R 2Z7
Tax Amount
$3,087.00
Tax Year
2025
Features
Baseboard, Electric