INVESTMENT OPPORTUNITY WITH VALUE-ADD POTENTIAL! Centrally located in Nanaimo, this spacious 2,345 sq ft home on a private .18-acre lot presents an exciting opportunity for investors, renovators or buyers looking to create additional value. With generous living space, a partially finished lower level with separate entrance and potential for a secondary suite, the property offers plenty of possibilities for today and the future. Natural light fills the main level through large picture windows, highlighting hardwood floors in the inviting living room with tile-surround fireplace. The adjoining dining room flows into the kitchen with abundant cabinetry, tile flooring, backyard views, and direct access to the rear deck. A spacious primary bedroom, two additional bedrooms and a family bath complete the main floor. The lower level significantly expands the home's potential, offering a separate entrance, mudroom, laundry area, recreation room, studio/hobby space, additional bedroom and 3-piece bath. With no kitchen currently installed, there is an opportunity to explore creating a secondary suite, additional living space, home-based workspace or other improvements to suit your plans. Outside, mature trees and established landscaping provide privacy and a pleasant backyard setting with room to enjoy outdoor living. The central location adds further investment appeal, just minutes from Nanaimo Regional General Hospital, shopping, schools, parks, transit, Departure Bay Ferry and Nanaimo's waterfront. For those looking to maximize the opportunity, the adjoining R5 development lot is also available under MLS® 1049129, opening the door to an even broader investment, redevelopment or future development strategy. Purchase the home on its own or explore the potential of acquiring both properties together. Measurements are approximate and should be verified if important. (id:44056)

Property Details

Full Address:
1746 Meredith Rd, Nanaimo, British Columbia
Price:
$ 599,900
MLS Number:
1049126
List Date:
September 10th, 2026
Lot Size:
7800 sq.ft.
Year Built:
1959
Taxes:
$ 4,182

Interior Features

Bedrooms:
4
Bathrooms:
2
Total Rooms:
Appliances:
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
Air Conditioning:
None
Heating:
Forced air, Electric
Fireplaces:
1

Building Features

Zoning:
Residential
Zoning Detail:
R5
Garage:
Open, Street
Garage Spaces:
2
Ownership Type:
Freehold
Taxes:
$ 4,182

Floors

Finished Area:
1957 sq.ft.

Land

Lot Size:
7800 sq.ft.
Lot Features:
Central location, Level lot, Other, Marine Oriented

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Petra Lindenaar Personal Real Estate Corporation REMAX Professionals (NA)
250-240-7355
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Listing Agent(s)

Lead Agent: Petra Lindenaar
Office: REMAX Professionals (NA)
Originating Board: Vancouver Island Real Estate Board
Co-Listing: Dawn Setter
REMAX Professionals (NA)

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