**Development potential** Approved by the Town of Qualicum Beach for subdivision into 2 lots. Add a new house plus laneway house on the vacant corner proposed lot, while retaining the existing house on the inside proposed lot. Other options for the inside lot include a new house plus a laneway house, a duplex, a triplex, or a fourplex. Up to 6 residential units are possible on this property in different combinations. This property would also suit a multigenerational family - the kids can live in the existing house with the parents build their dream house next door. The existing house is an updated 3-bed/2-bath residence featuring a modern open-plan layout – live in it or use it as an excellent income generator. The site is a corner lot on a laneway in an ideal location that is within walking distance to the Village, Ravensong Pool, Community Park, and schools.