Address
1746 & 1756 Meredith Rd, Nanaimo, BC
Price
$ 1,099,900
Property Attributes
  • ID#1049129
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityNanaimo
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodCentral Nanaimo
  • Postal CodeV9S 2M4
  • Style
  • Year Built1959
  • Price$ 1,099,900
  • Bedrooms4
  • Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1957
Data Source:
Canadian Real Estate Association (CREA)
Property Description

CENTRAL NANAIMO INVESTMENT & DEVELOPMENT OPPORTUNITY! A rare two-lot offering with a combined total of approximately .35 acres, featuring a spacious 2,345 sq ft home with partially finished lower level plus an adjoining R5-zoned development lot. Whether your strategy is to renovate, hold, generate future income, or explore redevelopment, this unique package offers exceptional flexibility and long-term potential in a highly convenient central Nanaimo location. Set among mature trees and established landscaping, the existing home enjoys a private backyard setting. Natural light fills the main level, featuring hardwood floors, a welcoming living room with tile-surround fireplace and large picture window, adjoining dining room and kitchen with abundant cabinetry, tile flooring and access to the rear deck. A spacious primary bedroom, two additional bedrooms and family bath complete this level. The partially finished lower level adds another dimension to the investment potential. With its own separate entrance, it includes a mudroom, laundry area, recreation room, studio/hobby space, additional bedroom and 3-piece bath. With no kitchen currently installed, the layout offers potential to explore a secondary suite, additional living space, or other improvements. The adjoining R5-zoned lot significantly expands the possibilities, with zoning allowing residential development of up to 4 units. Renovate and enjoy the existing home, explore income potential, hold for the future, or consider a broader redevelopment strategy across this appealing two-lot package. Ideally located minutes from Nanaimo Regional General Hospital, Nanaimo Golf Club, schools, shopping, parks, transit, Departure Bay Ferry, Harbour Air, and Nanaimo's downtown waterfront. The home is also available separately under MLS® 1049126. Measurements are approximate and should be verified if important. (id:7434)

General Features

Features Central location, Level lot, Other, Marine Oriented
Property Type Single Family
Zoning Description R5
ZoningType Residential
Neighbourhood Central Nanaimo
Building Appliances Dishwasher, Dryer, Range - Electric, Refrigerator, Washer
Building Cooling Type None
Parking Space Total 2
Building Type House
Ownership Type Freehold

Interior Features

Building Fireplace Present True
Building Fireplace Total 1
Building Heating Type Forced air
Building Heating Fuel Electric
Living Area Range 1957
Bedrooms 4

Room Details

Room Dimensions Level Flooring Details
Bathroom 5-Piece Main level
Bedroom 11'5 x 9'11 Main level
Dining room 8'9 x 7'10 Main level
Kitchen 13'4 x 11'7 Main level
Living room 15'4 x 15'3 Main level
Other 13'3 x 11'4 Lower level
Primary Bedroom 12'11 x 11'7 Main level
Recreation room Measurements not available x 1 Lower level 13 ft
Studio 13'6 x 12'9 Lower level

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in V9S 2M4

Price
AVG $850K
$1.1M
Year Built
AVG 1959
1959

Areas We Cover