Positioned in a rapidly developing area with sought-after R-14 zoning, this property offers an exceptional opportunity for multifamily or infill development. Whether you’re planning a duplex, triplex, or a creative small-scale project, the flexibility of this site makes it an ideal investment in one of Nanaimo’s most accessible neighbourhoods. The existing 3-bdrm, 2-bath character home provides immediate rental or holding value while future plans take shape. Brimming with natural light and original charm, it features a spacious layout and comfortable primary suite—perfect for those who appreciate vintage appeal with modern convenience. Located just steps from Superette Foods, the downtown bus station, and Nanaimo’s vibrant core, residents will enjoy walkable access to shops, daily amenities, and the scenic waterfront.