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2126 Meredith Rd Nanaimo, British Columbia V9S 2N3

$1,625,000

Take advantage of vendor financing with this incredible opportunity! This conveniently situated property is located in the heart of Central Nanaimo, just a few blocks away from Nanaimo General Hospital, clinics, close proximity to Vancouver Island University, transit, many shopping options including Country Grocer, and the fantastic Beban Park for recreation. This development site is primed and ready for action, offering an 11,791 square foot lot with COR 1 zoning. Previously, it had obtained both a development permit and building permit for a 4-storey, elevator equipped condominium building consisting of 21 units with ground level under building parking. Although these permits expired in 2022, all the necessary plans, engineering work, and architectural drawings have been meticulously completed and fully paid for. With the popularity of affordable condos in Nanaimo for both resale and rental purposes, this is a rare opportunity. (id:16027)

Property Details

MLS® Number 943289
Property Type Multi-family
Neigbourhood Central Nanaimo
Features Central Location, Level Lot, Corner Site, Other
Plan Vip33984

Building

Type Multi-family

Land

Acreage No
Size Irregular 11763
Size Total 11763 Sqft
Size Total Text 11763 Sqft
Zoning Type Unknown

https://www.realtor.ca/real-estate/26046190/2126-meredith-rd-nanaimo-central-nanaimo

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Contact Jeff King, Realtor®

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To contact Jeff King directly to discuss your real estate needs, please do one of the following:

Phone me at 250-751-4902
Email me using the form to the right

If you prefer regular mail, you can send me your letter mail in care of the Sutton Group – West Coast Realty address below.

Sutton West Coast Realty

604 – 5800 Turner Road
Nanaimo BC V9T 6J4

Office phone: 250-756-2112
Office fax: 250-756-9144