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Renanza Realty
For sale

2202 Meredith Rd

Nanaimo, British Columbia

MLS® 1043346

$1,335,000

Status
Active
Property type
Multi-family
MLS® number
1043346
Bedrooms
Bathrooms
Year built

Listing description

Opportunity to start construction quickly and complete this development to meet demand in an under-served housing market. 2202 Meredith Road has successfully been rezoned to Townhouse Residential (R6), specifically tailored for an 8-unit multi-family project. The property and architectural designs offer a near shovel-ready opportunity in Nanaimo’s sought-after missing middle housing sector.

The lot has City approval for development of eight townhouses. The eight-townhouse development conforms to zoning and Nanaimo ReImagined, (Official Community Plan). The eight-unit townhouse development plan contains two duplex buildings and one four-plex building.

Units are a mixture of two and three storeys with grade level garages Townhouses range in size from 1,177 square feet to 1,469 square feet. Gross building area is 13,108 square feet (including garages).

Property summary

MLS® number
1043346
Property type
Multi-family
Building type
Multi-Family
Title
Freehold
Land size
15816 square feet
Annual property taxes
$4,339.00
Days on market
43 days

Features & details

Lot features
Central location, Level lot, Corner Site, Partially cleared, Other, Rectangular

What would this home cost you?

Based on the $1,335,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$6,212 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of NAI Commercial (Victoria) Inc., Victoria.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.