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$ 449,000
Est. payment | /mo
6,534 Sqft Lot
$ 449,000
Est. payment | /mo
6,534 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1001928
Rental Info Unrestricted
Annual Tax Amount $3,227
Tax Year 2024
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Multi Family
Property Description
Attention Builders and Investors: Opportunity in the Heart of Nanaimo's University District! 608 Harewood Rd. This is your chance to purchase an R5 Lot to build up to a 4 Plex. This 6463 sq. ft parcel of land is ready for your ideas and development. This lot boasts excellent laneway access and is located just a short walk from VIU, a prime area for rental demand. And there's more—there is also 2 more separate lots and PIDS available under a separate MLS listing. This unique offering is a true income generator as you navigate the permitting process. Lot 1: A 6,463 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. Lot 3: 4550 sq ft vacant land. Presenting the rare opportunity to create a 3 lot, 12-unit Project. Whether you're looking to build, develop, or invest, this is a strategic acquisition you don't want to miss! All measurements are approximate
Location
Province BC
County Nanaimo, City Of
Area Na University District
Zoning R5
Exterior
Parking On Site 1
Others
Pets Allowed Yes
Tax ID 005-802-661
Ownership Freehold
Listed by RE/MAX of Nanaimo
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