Meredith Road
Nanaimo · V9S2M4
$6,013/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Nanaimo · V9S2M4
$6,013/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
Prime Central Nanaimo Two-Lot Package. Exceptional opportunity to own two adjoining lots with a combined total of approximately .35 acres, featuring a spacious 2,345 sq. ft. rancher with a partially finished basement and an adjoining R5-zoned development lot in a prime central Nanaimo location. Whether you're looking to renovate, invest, develop, or secure property for the future, this rare offering delivers outstanding flexibility and long-term potential. The older home is nestled among mature trees and established landscaping, creating a private backyard setting rarely found in such a convenient location. Filled with natural light, the main level features hardwood floors, a welcoming living room with a tile-surround fireplace and large picture window, an adjoining dining room, and a functional kitchen with abundant cabinetry, tile flooring, and access to the rear deck overlooking the yard. A spacious primary bedroom, two additional bedrooms, and a family bathroom complete the main floor. The partially finished lower level, with its own separate entrance, includes a mudroom, laundry area, recreation room, studio or hobby space, an additional bedroom, and a 3-piece bathroom with suite potential, providing added flexibility for extended family, guests, or future living space. The adjoining R5-zoned lot significantly enhances the property's appeal, offering excellent redevelopment potential for single-family, duplex, or multi-family residential development of up to four units. Enjoy the home today while planning for tomorrow, or maximize the potential of this unique two-lot package. Ideally located just minutes from Nanaimo Regional General Hospital, Nanaimo Golf Club, schools, shopping, parks, transit, Departure Bay Ferry, Harbour Air, and Nanaimo's vibrant downtown waterfront. The home is also available for purchase separately under MLS® 1043331. Measurements approximate and should be verified if important.
4
Beds
2 full
Baths
1,957 ft²
Floor area
15,183 ft²
Lot size
1959
Year built
2
Parking
$6,529/yr
Gross tax
Single Family
Type
1
Fireplace
Central Nanaimo
Area
Listed
July 16, 2026
Structure
House
PID
004-310-870
Property highlights
Waterfront
Private yard
Golf course
Meeting/Party Room
Fireplace
Features & inclusions
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
Heating
Forced air, Electric
Cooling
None
Lot
Central location, Level lot, Other, Marine Oriented
Common interest
Freehold
Nearby & Commute
9 min
walk to Country Grocer
9 min
bike to Departure Bay Berth 2 (Foot Access)
28 min
walk to Departure Bay Berth 2 (Foot Access)
2h 33m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 44%
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$6,013
Principal and interest
Calculated estimate
$5,319
Property tax
Listing data
$544/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,149,900
Down payment
Calculated estimate
$229,980 (20%)
Estimated mortgage
Calculated estimate
$919,920
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Tax from listing
Est. monthly total
$6,013
/mo
Rate
%
Amortization
Principal and interest
$5,319
Property tax
$544
P&I
Tax
Down payment
$229,980 (20%)
Get Pre-Approved
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $229,980 down (20%) on $1,149,900, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
| Detached | 102 | 44.2% |
| Condo / Apartment | 41 | 17.7% |
| Land | 36 | 15.6% |
| Townhouse | 31 | 13.4% |
| Duplex | 10 | 4.3% |
| Other | 11 | 4.8% |
| $40,000 to $44,999 | 5 | 4.3% |
| $50,000 to $59,999 | 5 | 4.3% |
| $60,000 to $69,999 | 5 | 4.3% |
| $70,000 to $79,999 | 10 | 8.7% |
| $80,000 to $89,999 | 10 | 8.7% |
| $90,000 to $99,999 | 10 | 8.7% |
| $100,000 to $124,999 | 25 | 21.7% |
| $125,000 to $149,999 | 20 | 17.4% |
| $150,000 to $199,999 | 15 | 13.0% |
| $200,000 and over | 10 | 8.7% |
$1,149,800
3145 Balfour Avenue
Victoria · Residential
4 bd
2 ba
1,931 sqft
$595/sqft
Built 1960
MLS® 1043360
Sutton Group West Coast Realty
$1,149,000
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Surrey · Residential
4 bd
2 ba
2,096 sqft
$548/sqft
Built 1958
MLS® R3126180
Royal LePage West Real Estate Services
$1,179,898
9720 CROWN Crescent
Surrey · Residential
4 bd
2 ba
1,835 sqft
$643/sqft
Built 1959
MLS® R3127351
One Percent Realty Ltd.