308 Harewood Rd
Nanaimo
V9R 2Z2
$799,900
Residential
beds: 5
baths: 2.0
2,034 sq. ft.
built: 1964
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1001158
- Bedrooms:
- 5
- Bathrooms:
- 2
- Year Built:
- 1964
- Photos (26)
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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.
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1964 (Age: 61)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 2,034 sq. ft.
- Listing General Location:
- Na University District, Nanaimo
- Bedrooms:
- 5
- Bathrooms:
- 2.0 (Full:-/Half:-)
- Lot Size:
- 6,534 sq. ft.
- Kitchens:
- 2
- Taxes:
- Signup
- Building Features:
- Transit Nearby
- Construction:
- Frame Wood, Insulation All, Stucco
- New Construction:
- No
- Basement:
- Finished, Full, Walk-Out Access
- Foundation:
- Concrete Perimeter
- Roof:
- Asphalt Shingle
- Ceiling Heights:
- Signup
- Total Building Area:
- 2,034 sq. ft.
- Total Unfinished Area:
- 0 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 5
- # Main Level Bedrooms:
- 3
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 2
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 1
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 1
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 1
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 1,017 sq. ft.
- Living Area Main Floor:
- 1,017 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 1
- Fireplace Details:
- Wood Burning
- Laundry Features:
- In Unit
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Additional Accommodations:
- None
- Cooling:
- None
- Heating:
- Baseboard, Electric, Forced Air
- Fireplace:
- Yes
- Pending Date:
- Signup
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- City of Nanaimo
- Legal Description:
- Signup
- Bed and Breakfast:
- None
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 1
- Number of 4 piece baths:
- 1
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Occupancy:
- Tenant
- Property Condition:
- Updated/Remodeled
- Exposure / Faces:
- Southeast
- Layout:
- Main Level Entry with Lower Level(s)
- Lot Site Features:
- Central Location, Cul-De-Sac, Easy Access, Recreation Nearby, Shopping Nearby
- Attached Garage:
- No
- Carport Spaces:
- 1
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Carport, Driveway
- Total Parking Spaces:
- 6
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- May 26, 2025
- Original Price:
- 824900.0
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Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
Data was last updated July 16, 2025 at 10:05 AM (UTC)
Area Statistics
- Listings on market:
- 83
- Avg list price:
- $675,000
- Min list price:
- $139,900
- Max list price:
- $2,969,000
- Avg days on market:
- 41
- Min days on market:
- 5
- Max days on market:
- 176
- Avg price per sq.ft.:
- $407.18
These statistics are generated based on the current listing's property type
and located in
Na University District. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- DEANA BAUMEL PREC
- RE/MAX PROFESSIONALS
- 250-619-1220
- Deana@NanaimoPropertyGroup.ca
- MICHAEL PETERSON PREC
- RE/MAX PROFESSIONALS
- 250-756-7653
- Michael@NanaimoPropertyGroup.ca