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).
Address
2202 Meredith Rd
List Price
$1,335,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na Central Nanaimo
Lot Size
15816 Sq. Ft.
Lot Size (Acres)
0.36 Ac.
MLS® Number
1043346
Listing Brokerage
NAI Commercial (Victoria) Inc.
Postal Code
V9S 2N3
Tax Amount
$4,339.00
Tax Year
2025
Amenities
Central Location, Cleared, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Level, Recreation Nearby, Rectangular Lot, Shopping Nearby