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 (id:2493)
Data was last updated June 18, 2025 at 03:45 AM (UTC)
Area Statistics
Listings on market:
180
Avg list price:
$612,450
Min list price:
$139,900
Max list price:
$2,998,800
Avg days on market:
36
Min days on market:
0
Max days on market:
427
Avg price per sq.ft.:
$473.14
These statistics are generated based on the current listing's property type
and located in
University District. Average values are
derived using median calculations.