2202 Meredith Rd
Nanaimo, BC V9S2N3
$1,335,000
Property Details
Property & Lot
- Sub-type
- Multi-Family
- Lot size
- 15,816 square feet
- Zoning
- Unknown
R6 Low Density Residentia
Ownership & Fees
- Property type
- Other
- Ownership
- Freehold
- Annual property tax
- $4,339
Interior
- Fireplace
- None
Listing Information
- MLS®
- 1043346
- Listed
- July 16, 2026
- Time on market
- On the market for 46 days
- Data last synced
- August 28, 2026
Listing provided by: NAI Commercial (Victoria) Inc. · Data source: CREA DDF.
Description
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). (id:63159)
Location Insights
Weather
13°C
Partly Cloudy
Humidity 89%
Wind WSW 6 km/h
Tonight
12°
Tuesday
21°
Tuesday night
14°
Wednesday
16°
Wednesday night
11°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
99,863
(2021 Census)
+10.3% since 2016
Density: 1,104.1/km²
Dwellings: 45,138
Median household income: $75,500
After-tax: $68,500
Immigrant population: 16.1%
Top countries of origin (% of total population)
- United Kingdom3.5% · 3,495
- China1.3% · 1,285
- United States of America1.2% · 1,155
- India1.1% · 1,075
- Philippines1% · 1,040
- Germany0.6% · 635
- Korea, South0.5% · 470
- Viet Nam0.5% · 455
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
48
7/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Forest Park Elementary | Elementary | 280 m |
| Syuẁén'ct Elementary School | Elementary | 1.2 km |
| Quarterway Elementary | Elementary | 1.5 km |
| Nanaimo Christian School(Independent) | K-12 | 1.8 km |
| Cilaire Elementary | Elementary | 1.9 km |
| Discover Montessori School(Independent) | Elementary/Middle | 2.0 km |
| Career Technical Centre | Secondary | 2.0 km |
| Oceane | Elementary | 2.2 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Restaurants (5+)
- Alexandra's Bistro · 2220 Bowen Road399 m
- Chico's · 2220 Bowen Road475 m
- Kim Key · 2220 Bowen Road498 m
- Huong Lan575 m
- Ali Baba Pizza · 1925 Bowen Road634 m
Cafes (3)
- Affirmation Coffee · 2220 Bowen Road484 m
- Regard Coffee Roasters · 1925 Bowen Road660 m
- Tim Hortons · 2320 Northfield Road696 m
Grocery (2)
- Quality Foods · 2220 Bowen Road462 m
- Country Grocer · 1800 Dufferin Crescent696 m
Parks (5+)
- Bourbon Park · 2227 Bourbon Road242 m
- Fern Road Park · 2235 Fern Road337 m
- Latimer Park · 1848 Latimer Road675 m
- Lancashire Park · 2106 Lancashire Avenue707 m
- Forest Drive Gyro Park · 2035 Forest Drive771 m
Gyms (5+)
- CrossFit Nanaimo210 m
- Nanaimo Gymnastics School · 1975 Bollinger Road312 m
- Loaded Movement Academy · 2220 Bowen Road424 m
- Flipside Gymnastics · 1911 Wilfert Road761 m
- Modo Yoga798 m
Pharmacies (2)
- Central Drugs · 2220 Bowen Road416 m
- Rexall · 1750 Dufferin Crescent795 m
Banks & ATMs (1)
- TD Canada Trust · 1810 Dufferin Crescent790 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
Similar Listings Nearby
No similar listings found nearby right now.
Mortgage & Ownership Cost Calculator
Minimum required: 8.1% ($108,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.