MULTIFAMILY SITE ALERT: R8 Medium Density zoned property with a beautiful rancher home, meticulously cared for by long term owner. This home has 2 bedrooms, 1 bathroom, a spacious living room, and a large kitchen. Very bright. The property boasts stunning ocean and mountain views. Back yard is landscaped to create a serene setting to enjoy the view of the ocean, mountains, and harbour traffic. Ideal location, with walking access to the Hullo ferry and Helijet for quick getaways or a commute to the mainland. Deep lot with 8,712 square feet of development potential. Two lots provide subdivision potential. Contact City of Nanaimo for more details. Can be developed on its own or purchased in conjunction with adjacent property (MLS 942703) with over 15,000 square feet of development opportunity! All measurements are approximate and should be verified if important.