This well-maintained 3-bed, 2 full bath home sits on a generous, fully fenced near 9000 sq ft lot with a new laneway and full-height basement that has flexibility for a suite or extra living area for a larger family, only needs flooring and ceiling. The yard also has a chicken coup! Downstairs includes the 3rd spacious bedroom with sound proofing, full bathroom, and many options for a separate entrance. Upstairs includes a good sized kitchen, 2 bedrooms, 1 bathroom and is loaded with natural light. Have peace of mind with newer windows, new plumbing, new hot water tank, 200 amp service, cozy wood-burning fireplace and a large south-facing deck with Mount Benson views. Close to the hospital, university, beaches, lakes, hiking, parks, ferries, seaplanes, all levels of shopping, many walkable, schools, and more— with easy access to major routes. High upside: zoning allows 3–4 units and the lot holds exceptional value for rezoning to higher density, supported by the Official Community Plan, contact city of Nanaimo for more details— ideal for a multi-unit build, flexible mixed use corridor zoning with rezone or long-term investment. Sharply priced in a low-inventory single-family market. Don’t miss this rare combination of livability, investment and development potential. Book your showing now.All measurements are approximate and should be verified if important. All measurements are approximate and should be verified if important.