50 Harewood Rd | $1,550,000
Brent Russell Agent Photo
Brent
Russell*
P. (250) 751-1223
Phone Brent
RE/MAX OF NANAIMO
#1 - 5140 Metral Drive
Nanaimo, BC
Canada V9T 2K8

Details

%
Years (35 year max)
Years



Address 50 Harewood Rd
AreaNanaimo
Sub AreaUniversity District
State/ProvinceBritish Columbia
CountryCanada
Price$1,550,000
Property TypeSingle Family
Bedrooms3
Bathrooms2
Floor Space1783 Square Feet
Lot Size20909.00 Square Feet
WaterfrontNo
Year Built0
Taxes $9,123
Tax Year2024
MLS® #976699

Excellent Commercial/Residential Investment Opportunity in the University District of Nanaimo, BC. The ½ acre treed and level property features an 1,849 Sq. Ft. Single Family Home over 2 levels and a 6-Unit apartment building. The property is situated on a corner with good traffic exposure with close proximity to downtown Nanaimo and amenities such as parks, shopping, restaurants, recreation, schools, and Vancouver Island University. The apartment building has 2 bachelor suites, four 1-Bed suites, coin-op laundry, separate hydro meters and lots of parking is available. There is a separate workshop and double garage providing additional income. Potential small-scale commercial/mixed-use businesses (e.g., hair/esthetic salon, appliance repair) could be allowed on site. The main house could serve as a residence or a rental while providing multiple streams of income through various facilities on the premises. The location and features make it a versatile investment with significant potential.

Location

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Data Source: Statistics Canada
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