West
202-1551 Estevan Road
Nanaimo, BC
Canada V9S 3Y3
Details
Address | 50 Harewood Rd |
Area | Nanaimo |
Sub Area | University District |
State/Province | British Columbia |
Country | Canada |
Price | $1,450,000 |
Property Type | Single Family |
Bedrooms | 3 |
Bathrooms | 2 |
Floor Space | 1783 Square Feet |
Lot Size | 20909.00 Square Feet |
Waterfront | No |
Year Built | 0 |
Taxes | $9,123 |
Tax Year | 2024 |
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.
Listed by RE/MAX OF NANAIMO
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