50 Harewood Rd, Nanaimo, BC V9R 5X5
- $1,550,000
- 3
- BD
- 2
- BA
- 1,783
- SqFt
Courtesy of RE/MAX of Nanaimo
- List Price
- $1,550,000
- Bedrooms
- 3
- Sq. Ft
- 1,783
- Acres
- 0.48
- Subdivision
- Na University District
Property Description
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 & 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.
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Additional Information
- Style
- M Lev Ent w/Bsmt
- Lot Size
- 20,909
- Interior Features
- Eating Area, Storage, Additional Accom.
- Lot Features
- Road - Paved, Central location, Landscaped, Recreational, Shopping Nearby, Corner Lot, Irregular Lot
- Parking Type
- Additional Parking, Driveway, Open
- Heating
- Baseboard, Electric
- Cooling
- None
- Office Name
- RE/MAX of Nanaimo
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Listing content Copyright 2024 Vancouver Island Real Estate Board. The above information is from sources deemed reliable, but should not be relied upon without independent verification.