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2202 Meredith Rd, Nanaimo

MLS® #1043346
About this Property

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). (id:62865)

Property Information

Status

Active

Property Type

Multi-Family

Ownership

Freehold

Annual Tax

$4,339

Zoning

Unknown

Parcel Number

030-481-040

Data Source

Victoria Real Estate Board

Exterior & Lot

Lot Size

15816.0 sqft

Lot Features

Central locationLevel lotCorner SitePartially clearedOtherRectangular

$1,335,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
Listing Courtesy of

Office

NAI Commercial (Victoria) Inc.

Mortgage Calculator
$267,000

Loan Amount:

$1,068,000

Estimated Monthly Payment:

$5,205

This is an estimate for informational purposes only. Consult with a financial advisor.