A developer's dream with ocean views just steps from a secluded sandy beach! This iconic 1560 sq ft 3 Bed/2Bath A-frame home sits on a .42-acre level lot in the desireable Painter Barclay neighbourhood. New zoning allows up to 4 dwelling units, offering the potential to build 2 homes with suites, two duplexes or a fourplex! Take advantage of it's highest and best use potential, renovate, or build your dream home. Shake roof, vaulted ceilings with open-concept kitchen/living area. A gardener's delight, rural feel yet connected to city services. Located at the end of a quiet street with walking path to the oceanfront, this property provides privacy and the peace and serenity of island life. Book a showing today!