- Active
1756 Meredith Road
Nanaimo · Vacant Land
- Lot size
- 7,383 ft²
Listed by REMAX Professionals (NA) · MLS® 1052279
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BUILD YOUR VISION IN CENTRAL NANAIMO! An excellent opportunity to secure a level .17-acre building lot in the established Northfield neighbourhood, offering flexibility for builders, investors or buyers looking to create a custom residence or explore small-scale residential development. Centrally located near Nanaimo Regional General Hospital, this property combines the advantages of an established residential setting with convenient access to everyday amenities. Zoned R5 – Three and Four Unit Residential, the property offers potential for a variety of housing options, including a single-family residence, duplex or multi-unit development of up to four residential units, subject to applicable City of Nanaimo zoning regulations, servicing requirements and development approvals. The location adds to its appeal, with nearby shopping centres, restaurants, schools, professional services and public transit. Nanaimo Golf Club and Beban Park, with its recreation facilities, walking trails and open green spaces, are just a short drive away. Convenient access to Departure Bay ferry terminal, Harbour Air and downtown Nanaimo's vibrant waterfront further enhances this property's central location. EXPAND YOUR POSSIBILITIES! The neighbouring residence at 1746 Meredith Rd is also available separately (MLS 1049126), providing an opportunity to purchase an established home alongside this vacant parcel. For buyers seeking both properties, the combined house and lot offering is available under MLS 1049129. Whether your plans include a custom residence, a multi-unit housing project or acquiring both properties for additional flexibility, this is an appealing opportunity in a well-connected Nanaimo neighbourhood. Buyers should independently verify zoning, permitted density, servicing, development potential and all relevant details with the City of Nanaimo. Data should be verified if important.
Home facts
- Lot size
- 7,383 sq ft
- Parking
- 4
- Property type
- Vacant Land
- Area
- Central Nanaimo
- Listed
- October 15, 2026
- PID
- 029-747-538
- Common interest
- Freehold
Highlights
- Waterfront
- Golf course
Features and inclusions
- Lot
- Central location, Level lot, Other, Marine Oriented
Rooms and building
- Water
- Zoning
- Residential
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $2,014
- Property tax
- $125/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,289
Purchase snapshot
- List price
- $425,000
- Down payment
- $85,000 (20%)
- Estimated mortgage
- $340,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $3,108
- At 7.3118 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $1,190 a month
- Gross yield
- 3.4%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Nanaimo
Ten year average, 2016–2025.
- Average temperature
- 10.4°C
- Daily mean across the year.
- Yearly precipitation
- 0 mm
- On the drier side for BC.
- Bright sunshine
- 1,940 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 41%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.