The Residence: Step inside to find a home that balances ”old-world” soul with extensive modern infrastructure. The main floor features a spacious living and dining area, leading into a bright, open-concept kitchen with an adjoining sitting room. Work from home in the dedicated office space, which leads to a cozy sunroom. From there, French doors open onto a massive 19×12 sundeck— perfect for summer BBQs while watching the seaplanes and ferries navigate the harbour. The home is mechanically sound with a new electrical furnace, heat pump, venting, panel (2018), and updated plumbing/wiring. Bonus spaces abound: a stand-up attic ready for a loft conversion and a 2017-built self-contained studio with an outdoor hot water shower—perfect for guests or student housing. The fully fenced backyard is an urban oasis featuring three apple trees and a grape arbor dripping with delicious green grapes. The Neighborhood & Future Value: Located just two blocks from Downtown and Port Place Mall (Thrifty Foods, London Drugs, and the Waterfront Seawalk), you are at the heart of Nanaimo’s rejuvenation. The brand-new strata condo buildings next door have transformed the streetscape into a polished, modern community. Development Potential: Zoned R8 (Medium Density Residential), this lot is a developer’s dream. The zoning allows for a multi-level, 4-6 unit apartment building up to 5,445 sq. ft (buyer verify with city). Whether you choose to enjoy this coastal character home today or capitalize on the high-density potential of tomorrow, this is a blue-chip holding in a rapidly appreciating area. (id:62650)