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50 Harewood Rd Nanaimo, British Columbia V9R 5X5

3 Bedroom 2 Bathroom 1849 sqft
None Baseboard Heaters

$1,550,000

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 and 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. (id:33633)

Property Details

MLS® Number 976699
Property Type Single Family
Neigbourhood University District
Features Central Location, Corner Site, Irregular Lot Size, Other
Parking Space Total 12
Structure Workshop

Building

Bathroom Total 2
Bedrooms Total 3
Cooling Type None
Fireplace Present No
Heating Fuel Electric
Heating Type Baseboard Heaters
Size Interior 1849 Sqft
Total Finished Area 1783 Sqft
Type House

Land

Access Type Road Access
Acreage No
Size Irregular 20909
Size Total 20909 Sqft
Size Total Text 20909 Sqft
Zoning Description R6
Zoning Type Residential

Rooms

Level Type Dimensions
Lower Level Storage 7'9 x 10'4
Lower Level Bathroom 4-Piece
Lower Level Other 7'7 x 13'7
Lower Level Storage 10'11 x 6'10
Lower Level Entrance 5'4 x 7'6
Lower Level Family Room 14'9 x 17'1
Lower Level Bedroom Measurements not available x 19 ft
Main Level Entrance 6'9 x 27'4
Main Level Bathroom 4-Piece
Main Level Laundry Room 8'1 x 4'11
Main Level Bedroom 9'5 x 12'11
Main Level Bedroom 11'6 x 11'9
Main Level Kitchen 12'5 x 19'10
Main Level Living Room 12'5 x 19'3

https://www.realtor.ca/real-estate/27444459/50-harewood-rd-nanaimo-university-district

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