$749,900 | University District Nanaimo House for Sale at 308 Harewood Road Nanaimo

Explore 308 Harewood Road, a Desirable University District home for sale for $749,900! This University District House for sale in Nanaimo has been listed on Real-Estate.ca for 142 days under MLS® #1001158. It has had a $50,000 price change under this MLS#. This home is a 2,034 square foot Single Family House built in 1964 with 5 bedrooms and 2.00 bathrooms. Explore the Nanaimo real estate market and available University District homes for sale!

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:6289)

University District Map, Demographics, Characteristics