Prime investment or potential development opportunity in the heart of Nanaimo! This charming 2,124 sqft home features 4 bedrooms and 2 bathrooms, including a 2-bedroom, 1-bathroom suite—ideal as a mortgage helper, rental income, or for extended family. Situated on a large corner lot, near transit, this property provides excellent potential (verify with City of Nanaimo) and flexibility for investors, developers, or multi-family living. Ideally located in a highly desirable central area, just minutes from BC Ferries, Beban Park, schools, shopping, bus stops, and restaurants, this property combines exceptional convenience with opportunity. Additional highlights include a renovated upstairs bathroom, wainscoting upstairs, deck, storage shed, and ample parking. Schedule a showing today! All data and measurements are approximate and should be verified if important.