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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:52782)

Property Details

MLS® Number 943286
Property Type Vacant Land
Neigbourhood Central Nanaimo
Features Central Location, Corner Site, Other
Plan Vip33984
View Type Mountain View

Building

Parking

Open

Land

Access Type Road Access
Acreage No
Size Irregular 11763
Size Total 11763 Sqft
Size Total Text 11763 Sqft
Zoning Description Cor1
Zoning Type Other

https://www.realtor.ca/real-estate/26046191/2126-meredith-rd-nanaimo-central-nanaimo

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