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2202 Meredith Rd, Nanaimo, BC, V9S 2N3

MLS® # 1043346
new listing
Investment For Sale In Northfield, Nanaimo, British Columbia
$1,335,000
2202 Meredith Rd, Nanaimo, BC - Outdoor
2202 Meredith Rd, Nanaimo, BC - Outdoor
2202 Meredith Rd, Nanaimo, BC - Outdoor
2202 Meredith Rd, Nanaimo, BC - Outdoor
2202 Meredith Rd, Nanaimo, BC - Outdoor
2202 Meredith Rd, Nanaimo, BC - Outdoor
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MULTIMEDIA

2202 Meredith Rd, Nanaimo, BC, V9S 2N3
$1,335,000

Property Information:

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 Features:

  • Annual Tax Amount: $4,339
  • Lot Features: Central Location, Cleared, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Level, Recreation Nearby, Rectangular Lot, Shopping Nearby
  • Lot Frontage: 15816 Square Feet
  • Lot Size: 15816.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Zoning: R6 Low Density Residentia

Courtesy of: NAI Commercial (Victoria) Inc.

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

Single family detached

4.1%

Price change (1 year)

35.04%

Price change (5 years)

All Properties

2.54%

Price change (1 year)

32.18%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 2202 Meredith Rd, Nanaimo, BC, V9S 2N3

Demographic Information of 2202 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

13.11 %

High school certificate or equivalent

33.43 %

Apprenticeship trade certificate/diploma

9.63 %

College/non-university certificate

20.9 %

University certificate (below bachelor)

2.14 %

University Degree

20.8 %

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)

41.11 %

Houses

58.89 %

Own Vs. Rent

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