2202 Meredith Rd, Nanaimo, BC V9S 2N3

$1,335,000

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Courtesy of NAI Commercial (Victoria) Inc.

List Price
$1,335,000
Status
ACTIVE
MLS®
1043346
Property Type
Commercial
Acres
0.36
Lot Size
15,816
District
Nanaimo
Neighbourhood
Na Central Nanaimo

Property 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).

Additional Information

Lot Features
Central Location, Cleared, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Level, Recreation Nearby, Rectangular Lot, Shopping Nearby
Parking Type
On Site
Taxes
$4,339
Rentals Allowed
Unrestricted

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Calculator source: Real Geeks

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