Nanaimo · Commercial Sale · MLS® 1043346

2202 Meredith Rd, Nanaimo

$1,335,000
6Days on Market

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).

Features & details

DDF Property Type Multi-family
Building Type Multi-Family
Land Size 15,816 sq ft
Feature Central location
Feature Level lot
Feature Corner Site
Feature Partially cleared
Feature Other
Feature Rectangular
Property Type Multi Family
Zoning R6 Low Density Residentia

Location

Brokerage Listed by NAI Commercial (Victoria) Inc.. Information is deemed reliable but not guaranteed.