308 Harewood Rd

Nanaimo, British Columbia · Neighbourhood: Harewood
C$719,900

Local Decision Guide

How should buyers evaluate 308 Harewood Rd?

Start by reading this listing in its Nanaimo Harewood context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

For sale
308 Harewood Rd

Remarks

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. (id:56153)

Property Details

House
Building Type
5
Bedrooms
2
Bathrooms
1964
Year Built
62 years
Age
69
Days on Site
6,996 sf
Lot Area
2,034 sqft
Interior Size
C$354
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29367745 (1026160)

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Site Context

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Property Summary

Price: C$719,900

Lot Area: 6,996 sf

PID: 005-496-543

Days on Site: 69 days

Added to BurnabyHouse: 2026-03-28

Updated on: 2026-06-03 09:01 AM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
Buy Low Foods
About 367.1 m away
Superette
About 1.2 km away
Shopping Centres
University Village
About 382.9 m away
530 Fifth Street, Nanaimo
Old City Quarter
About 1.5 km away
Parks / Green Space
PETROGLYPH PARK
About 2.7 km away
Class A · 0043 · 00
SAYSUTSHUN (NEWCASTLE ISLAND MARINE) PARK
About 2.7 km away
Class A · 0133 · 00

Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Wed, 03 Jun 2026 08:54:27 AM PDT

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Listing Office: Royal LePage Nanaimo Realty (NanIsHwyN)

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