This unique package presents so many options as is or as a future development. These two properties being sold together are both R-2 zoning which allow for multiple building configuations on either or both lots. The 1956 two bedroom character house is move in ready boasting vintage hardwood flooring, tonnes of storage, and a bonus room which can be used for personal use or to create a secondary suite. Rent it out as is or live in it while you renovate and/or build on the lower lot OR hold it to add to your investment porfolio. Upcoming zoning changes will allow for up to a fourplex on both lots, so developing to highest best use is also an option. Perfect for a growing family, multigenerational purchasers, empty nesters wanting to downsize, or anyone wanting to invest in Vancouver Island real estate as the properties rise in value. Each lot is steps to a secluded sandy beach, and public transit. Existing house and garage measurements from BC Assessment, Buyer to verify if important.