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.
Address
1746 Meredith Rd
List Price
$599,900
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na Central Nanaimo
Bedrooms
4
Bathrooms
2
Floor Area
1,957 Sq. Ft.
Lot Size
7800 Sq. Ft.
Lot Size (Acres)
0.18 Ac.
Year Built
1959
MLS® Number
1049126
Listing Brokerage
REMAX Professionals (NA)
Basement Area
Partial, Partially Finished, Walk-Out Access
Postal Code
V9S 2M4
Tax Amount
$4,182.00
Tax Year
2026
Features
Ceiling Fan(s), Dining/Living Combo, Dishwasher, Dryer, Electric, Forced Air, Mixed, Oven/Range Electric, Refrigerator, Washer
Amenities
Balcony/Deck, Central Location, Easy Access, Level, Marina Nearby, Near Golf Course, Recreation Nearby, Serviced, Shopping Nearby
