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$1,099,900
4 Beds 2 Baths 1049129 MLS
CENTRAL NANAIMO INVESTMENT & DEVELOPMENT OPPORTUNITY! A rare chance to acquire a combined .35-acre property featuring a 2,345 sq ft home plus an adjoining R5-zoned development lot. The existing home offers excellent value-add potential with hardwood floors, bright living room with tile-surround FP, dining room, kitchen with rear deck access, 3 beds & family bath on the main. The partially finished lower level has a separate entrance, mudroom, laundry, rec room, studio/hobby space, additional bed & 3-pc bath, offering potential to explore a secondary suite. Mature landscaping provides privacy, while the adjoining R5 lot creates exciting possibilities for future development, with zoning allowing up to 4 units. An appealing opportunity to renovate, hold, generate future income or explore redevelopment in a convenient location near the hospital, shopping, schools, parks & transit. Home also available separately under MLS® 1049126. Meas. approx.

1746 & 1756 Meredith Rd, Nanaimo

Courtesy of REMAX Professionals (NA)

$1,335,000
1043346 MLS
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).

2202 Meredith Rd, Nanaimo

Courtesy of NAI Commercial (Victoria) Inc.

$1,150,000
1041535 MLS
High exposure corner property comprising 0.72± acres with two buildings in a prime main street location. Zoned COR3, this flexible designation supports a wide range of commercial uses, offering excellent redevelopment or repositioning potential. The 4,215 sq.ft. two-level former restaurant building is currently vacant and has been stripped of all restaurant equipment, providing a clean slate for your business concept. The second building, approximately 1,800 sq.ft. on one level, is leased to a long-term restaurant tenant, delivering stable income. The site features a large paved parking lot with capacity for approximately 35 vehicles. Strategically located in the heart of the city on a major thoroughfare, directly across from and adjacent to established strip mall centres, this is a rare opportunity to secure a substantial commercial holding with strong exposure and existing income in place.

1045 Terminal N Ave, Nanaimo

Courtesy of Royal LePage Nanaimo Realty (NanIsHwyN)

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