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Alex Burns

alex@victoriahomes.com +1(250) 882-3335

Listed by Ryan Andrew Royal LePage Nanaimo Realty (NanIsHwyN)

$ 719,900

Est. payment | -/mo

5 Beds

2 Baths

2,034 SqFt

Save

$ 719,900

Est. payment | -/mo

Save

5 Beds

2 Baths

2,034 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,034 sqft

Price per Sqft $353

MLS Listing ID 1026160

Style Main Level Entry with Lower Level(s)

Bedrooms 5

Three Quarter Bath 1

HOA Y/N No

Year Built 1964

Annual Tax Amount $3,779

Tax Year 2024

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Single Family Residence

Property Description

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.

Location

Province BC

County Nanaimo, City Of

Community Na University District

Area Nanaimo

Zoning COR1

Rooms

Kitchen 2

Interior

Heating Baseboard, Electric, Forced Air

Cooling None

Fireplaces Number 1

Fireplaces Type Wood Burning

Fireplace Yes

Laundry In Unit

Exterior

Parking Features Carport, Driveway

Garage Spaces 6.0

View Y/N No

Roof Type Asphalt Shingle

Street Surface Paved

Total Parking Spaces 6

Garage No

Building

Lot Description Central Location, Cul-De-Sac, Easy Access, Recreation Nearby, Shopping Nearby

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Municipal

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Restrictions ALR: No

Ownership Freehold

Acceptable Financing Purchaser To Finance

Listing Terms Purchaser To Finance

Special Listing Condition Updated/Remodeled

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Nearby School & Business

+1(250) 882-3335

alex@victoriahomes.com

3440 Douglas St, # 202, Victoria, Canada

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308 Harewood Rd Nanaimo, BC V9R 2Z2