1746 & 1756 Meredith Rd
- 4 bed
- 2 bath
- 1957 sqft
$1,099,900
Your
status: Active
For sale
Property Type
Single Family
- Building Type
- House
- Features
- Central location, Level lot, Other, Marine Oriented
- Land Size
- 15183 sqft
- Built Year
- 1959
- MLS®#
- 1049129
Ownership Type
Freehold
- Listed By
- REMAX Professionals (NA)
Rent vs Buy
Making the Right Financial Choice
Need a Mortgage?
Rates as low as
4.99%
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, studiohobby 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 Nanaimos downtown waterfront. The home is also available separately under MLS' 1049126. Measurements are approximate and should be verified if important. (id:6772)
Property
Transaction Type
For sale
Land Size
15183 sqft
MLS®#
1049129
Inside
Bedrooms
4
Bathrooms
2
Fireplace
True
Fireplaces (Total)
1
Building
Heating
Forced air
Heating Fuel
Electric
Cooling
None
Land
Features
Central location, Level lot, Other, Marine Oriented
Land Size
15183 sqft
Size Interior
1957 sqft
Listed by
REMAX Professionals (NA)
Rooms
| Other
Lower level
|
13'3 x 11'4 | |
| Bathroom
Lower level
|
3-Piece | |
| Recreation room
Lower level
|
Measurements not available x 13 ft | |
| Studio
Lower level
|
13'6 x 12'9 | |
| Bedroom
Lower level
|
25'8 x 12'5 | |
| Bathroom
Main level
|
5-Piece | |
| Bedroom
Main level
|
Measurements not available x 9 ft | |
| Bedroom
Main level
|
11'5 x 9'11 | |
| Primary Bedroom
Main level
|
12'11 x 11'7 | |
| Kitchen
Main level
|
13'4 x 11'7 | |
| Dining room
Main level
|
8'9 x 7'10 | |
| Living room
Main level
|
15'4 x 15'3 |
The listing data above is provided under copyright by the Canadian Real Estate Association. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association.
