Fantastic development opportunity. This large 4 bedroom Character home (built in 1920) is on a large corner lot that allows a carriage home and subdivision. The City of Nanaimo confirms that the lot is large enough to subdivide into two lots and each can have a home and a carriage home. Other possibilities include keeping the existing home and adding a carriage home or building another home and making this a 2 home strata. The home itself is full of classic character. High ceilings, wood floors, a large entry, clawfoot bath-tub and a country kitchen - beautiful. There are two living-rooms, an open concept kitchen/dining area and 4 large bedrooms with an upstairs a master suite. The basement is low height (6') and a great place for storage and a workshop. There is a detached garage and alley access. The current tenants pay $1400/m and are happy to stay. All measurements are approx. and should be verified if important.