2126 Meredith Rd, Nanaimo, BC, V9S 2N3

MLS® # 943289

Investment For Sale In Northfield, Nanaimo, British Columbia

$1,625,000

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2126 Meredith Rd, Nanaimo, BC - Outdoor With Facade

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2126 Meredith Rd, Nanaimo, BC, V9S 2N3

$1,625,000

Property Information:

Take advantage of vendor financing with this incredible opportunity! This conveniently situated property is located in the heart of Central Nanaimo, just a few blocks away from Nanaimo General Hospital, clinics, close proximity to Vancouver Island University, transit, many shopping options including Country Grocer, and the fantastic Beban Park for recreation. This development site is primed and ready for action, offering an 11,791 square foot lot with COR 1 zoning. Previously, it had obtained both a development permit and building permit for a 4-storey, elevator equipped condominium building consisting of 21 units with ground level under building parking. Although these permits expired in 2022, all the necessary plans, engineering work, and architectural drawings have been meticulously completed and fully paid for. With the popularity of affordable condos in Nanaimo for both resale and rental purposes, this is a rare opportunity.

Property Features:

Annual Tax Amount: $3,124
Lot Features: Central Location, Corner Lot, Easy Access, Level, Serviced
Lot Frontage: 11763 Square Feet
Lot Size: 11763.00 Square Feet
Ownership: Freehold
Parking Features: On Site
Property Sub Type: Multi Family
Water Source: Municipal
Sewer:

Courtesy of: eXp Realty

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Market Price Trends

Location of 2126 Meredith Rd, Nanaimo, BC, V9S 2N3

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Significant

19 hot days expected in 2050

Projected Storm Risk: Exteme

15 storms expected in 2050

Projected Heat Risk: Significant

19 hot days expected in 2050

25/100

Significant

ClimateCheck®

Current data

This property, 2126 Meredith Rd , experiences 7 hot days per year at around 28.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 19 hot days at 31.4 degrees Celsius.

Projected Avg. Temperature

Past

28.6℃

2050

31.4℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Exteme

15 storms expected in 2050

98/100

Exteme

ClimateCheck®

Current data

This property, 2126 Meredith Rd , experiences 13 significant 2-day storms per year, with about 733.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 841.4mm of precipitation per year.

Precipitation Per Storm

Past

733.1mm

2050

841.4mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 2126 Meredith Rd, Nanaimo, BC, V9S 2N3

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$88,991.12

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.89 %

High school certificate or equivalent

30.32 %

Apprenticeship trade certificate/diploma

8.73 %

College/non-university certificate

18.95 %

University certificate (below bachelor)

1.94 %

University Degree

18.86 %

Commuter

Travel To Work

By Car

79.34 %

By Public Transit

6.2 %

By Walking

13.5 %

By Bicycle

0.56 %

By Other Methods

0.4 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.1 %

Houses

58.87 %

Own Vs. Rent

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Property Information:

Property Features:

Market Price Trends

Location of 2126 Meredith Rd, Nanaimo, BC, V9S 2N3

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 2126 Meredith Rd, Nanaimo, BC, V9S 2N3

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

2126 Meredith Rd, Nanaimo, BC, V9S 2N3

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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