CENTRAL NANAIMO BUILDING & INVESTMENT OPPORTUNITY! This level .17-acre lot in the established Northfield neighbourhood offers excellent potential for builders, investors or those looking to create a custom city residence. Zoned R5 – allowing for small-scale residential development, including single-family, duplex and up to four residential units, subject to City requirements. Ideally located near Nanaimo Regional General Hospital, golf, shopping, schools, parks and transit, with convenient access to Departure Bay ferry, Harbour Air and downtown Nanaimo's waterfront. A unique opportunity to secure a centrally located building lot with the option to purchase the neighbouring home at 1746 Meredith Rd (MLS 1049126) or explore the combined house and lot offering (MLS 1049129). An appealing opportunity for future development in a convenient, established neighbourhood. Zoning, permitted uses and development potential should be verified with the City. Data should be verified if important.
Data was last updated October 15, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
77
Avg list price:
$499,900
Min list price:
$229,000
Max list price:
$1,099,900
Avg days on market:
42
Min days on market:
2
Max days on market:
323
Avg price per sq.ft.:
$412.26
These statistics are generated based on the current listing's property type
and located in
Na Central Nanaimo. Average values are
derived using median calculations. This data is not produced by
the MLS® system.