Prime Central Nanaimo Two-Lot Opportunity to own a .35-acre property featuring a 2,345 sq ft rancher with a partially finished basement and an adjoining R5-zoned development lot in central Nanaimo. The older home offers hardwood floors, a bright living room with tile-surround fireplace and large picture window, adjoining dining room, kitchen with abundant cabinetry, tile flooring and rear deck access, plus three bedrooms and a family bath. The partially finished lower level, with its separate entrance, includes a mudroom, laundry area, rec room, studio or hobby space, additional bedroom and 3-piece bath with suite potential. Mature trees and established landscaping provide privacy, while the adjoining R5 lot offers excellent redevelopment potential for single-family, duplex, or multi-family development of up to 4 units. Close to the hospital, shopping, schools, parks, transit, ferries and downtown. The home is also available separately under MLS® 1043331. Meas. approx.