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Royal LePage
Royal LePage
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$1,800,000

2126 Meredith Rd, Nanaimo, BC, V9S 2N3

MLS® # 1023050

Nanaimo BC, V9S 2N3

MLS® # 1023050

Property Information:

Take advantage of the exceptional development opportunity in the heart of Central NanaimoThe property has approved *development and building permits ready for pick up at the City of Nanaimo* for a 4 storey, 21 unit condominium featuring with main level parking. All architectural, engineering and design plans are completed, making this a truly turnkey, shovel ready project.With strong demand for affordable condo's in Nanaimo, this is a rare and valuable investment opportunity.This prime 11,791 sq ft COR1 - zoned lot is ideally located just minutes from Nanaimo Regional General Hospital, Vancouver Island University, transit, shopping and Beban Park

Property Features:

  • Annual Tax Amount: $4,960
  • Built in: 2027
  • Lot Features: Central Location, Corner Lot, Level, Recreation Nearby, Shopping Nearby
  • Lot Frontage: 11763 Square Feet
  • Lot Size: 11763.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Water Source: Municipal

Courtesy of: Royal Pacific Tri Cities Realty

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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⚠ Potential Investment Performance

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Location of 2126 Meredith Rd, Nanaimo, BC, V9S 2N3

Demographic Information of 2126 Meredith Rd, Nanaimo, BC, V9S 2N3

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$88,991.12

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.11 %

High school certificate or equivalent

33.43 %

Apprenticeship trade certificate/diploma

9.63 %

College/non-university certificate

20.9 %

University certificate (below bachelor)

2.14 %

University Degree

20.8 %

Commuter

Travel To Work

By Car

79.34 %

By Public Transit

6.2 %

By Walking

13.5 %

By Bicycle

0.56 %

By Other Methods

0.4 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.11 %

Houses

58.89 %

Own Vs. Rent

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