Situated on a generous 7,560 sq ft corner lot, this 3-bedroom, 1-bath home offers exceptional upside for investors, builders, or handy buyers ready to unlock its potential. The property is zoned R5, which allows for 3–4 residential units (buyer to verify), making it an excellent candidate for redevelopment, a multi-unit build, or a strategic hold. Located in a prime Nanaimo neighbourhood with access to amenities, schools, and transit, this is a rare chance to secure a well-sized lot with flexible zoning in a growing market. Bring your ideas, and your long-term strategy—this is one worth a closer look.