Discover the hidden potential of this four-bedroom, one-bathroom home situated on a spacious 0.31-acre lot. Perfect for families seeking a renovation project or a prime redevelopment opportunity, this property offers a main level entry, with the master bedroom conveniently located on the main floor. Original hardwood floors add a touch of character and timeless appeal. The expansive, flat lot features a double car garage nestled in the back corner, providing ample space for storage or a workshop. Located in the vibrant City of Courtenay, exciting zoning changes are underway to allow for 0.07-acre lots and the development of fourplexes, enhancing the investment potential of this property. Seize this chance to create your dream home or a lucrative development project. Be sure to complete your due dilligence and check with the City of Courtenay to fully understand the possibilities this property offers.