Douglas
4746 Johnston Road
BC
Canada
Details
Address | 50 Harewood Rd |
Area | Nanaimo |
Sub Area | University District |
State/Province | British Columbia |
Country | Canada |
Price | $1,550,000 |
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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Location
About
A transplant from Oklahoma City, Amanda made the move to Port Alberni in 2006 and has never looked back. Now, she takes pride in showing off what brought her to the Alberni Valley and all there is to love and discover in this island paradise.