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. (id:44393)
| MLS® Number | 1026160 |
| Property Type | Single Family |
| Neigbourhood | University District |
| Features | Central Location, Cul-de-sac, Other |
| Parking Space Total | 6 |
| Bathroom Total | 2 |
| Bedrooms Total | 5 |
| Constructed Date | 1964 |
| Cooling Type | None |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Forced Air |
| Size Interior | 2,034 Ft2 |
| Total Finished Area | 2034 Sqft |
| Type | House |
| Access Type | Road Access |
| Acreage | No |
| Size Irregular | 6996 |
| Size Total | 6996 Sqft |
| Size Total Text | 6996 Sqft |
| Zoning Description | Cor1 |
| Zoning Type | Residential/commercial |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Bathroom | 3-Piece | ||
| Lower Level | Laundry Room | 12'6 x 10'4 | ||
| Lower Level | Bedroom | 11 ft | Measurements not available x 11 ft | |
| Lower Level | Bedroom | 11'10 x 12'9 | ||
| Lower Level | Living Room | 11 ft | Measurements not available x 11 ft | |
| Lower Level | Kitchen | 12'10 x 16'11 | ||
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Bedroom | 9'10 x 8'6 | ||
| Main Level | Bedroom | 12'9 x 8'11 | ||
| Main Level | Primary Bedroom | 11'10 x 10'2 | ||
| Main Level | Entrance | 4'8 x 8'2 | ||
| Main Level | Living Room | 18'3 x 12'9 | ||
| Main Level | Kitchen | 11'11 x 14'7 |
https://www.realtor.ca/real-estate/29367745/308-harewood-rd-nanaimo-university-district
Contact us for more information
Ryan Andrew
(250) 758-7653
(250) 758-8477
royallepagenanaimo.ca/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
