Unlock the potential of this over 10,000 sqft level lot in a rapidly evolving Central Nanaimo neighbourhood. Zoned R5 – Three & Four Unit Residential, this property offers incredible flexibility for multi-unit development, including duplexes, secondary suites, and up to four dwellings. The existing 3-bedroom, 1-bathroom home has plenty of character and could benefit from your personal touch — perfect for renovation or redevelopment. Upstairs, you'll find one of the bedrooms plus a bonus room, offering extra space and flexibility. Located close to amenities, transit, and within an area experiencing exciting revitalization, this is a strategic investment with endless possibilities. Whether you're looking to build, hold, or renovate, this property is a must-see. Opportunities like this don’t last—contact us today!