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2202 Meredith Rd
Na Central Nanaimo Nanaimo V9S 2N3

$1,335,000
Commercial Sale

Main Photo: 2202 Meredith Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 1043346
Photo 1: 2202 Meredith Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 1043346
Photo 2: 2202 Meredith Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 1043346
Photo 3: 2202 Meredith Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 1043346
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1043346
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).
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Land
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Central Nanaimo, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
15,816 sq. ft.
Lot Details:
135 x 98.2
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
R6 Low Density Residentia
Units in Building:
Units in Community:
Lot Site Features:
Central Location, Cleared, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Level, Recreation Nearby, Rectangular Lot, Shopping Nearby
Parking Features:
On Site
Total Units:
Date Listed:
Jul 15, 2026
Original Price:
1335000.0
  • Photo 1: 2202 Meredith Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 1043346
    Photo 1 of 3
  • Photo 2: 2202 Meredith Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 1043346
    Photo 2 of 3
  • Photo 3: 2202 Meredith Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 1043346
    Photo 3 of 3
Listed by NAI Commercial (Victoria) Inc.
Data was last updated July 18, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$1,150,000
Min list price:
$475,000
Max list price:
$5,999,900
Avg days on market:
95
Min days on market:
2
Max days on market:
234
These statistics are generated based on the current listing's property type and located in Na Central Nanaimo. Average values are derived using median calculations. This data is not produced by the MLS® system.
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.