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This 5 bedroom, 2 bathroom single family is listed for sale at $719,900 in Nanaimo, British Columbia. The property offers 2034.00 square feet of living space. Built in 1964. Lot size: 6,534 sq ft (0.15 acres).MLS® #1026160.
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.
Looking for homes for sale in Nanaimo? Browse Nanaimo real estate listings,residential properties, and Vancouver Island homes on IslandSold.com. Part of the Nanaimo area.
Property Type
Single Family
Year Built
1964
Interior Size
2,034 sq ft
Lot Size
6,534 sq ft(0.15 acres)
Bedrooms
5
Bathrooms
2
Kitchens
Area
Nanaimo
Neighborhood
University District
MLS® Number
#1026160
View comprehensive market analysis for Harewood Rd including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Harewood Rd Market ReportDiscover 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.

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Nanaimo community, including the University District neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$5,100
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
Learn about the Prepared Buyer Program →Discover other great communities in the area
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