Development Site Shovel ready-multifamily building site in the heart of Nanaimo. This R8 zoned lot is ready for 12 mainly two bedrooms and one large penthouse Suite. City of Nanaimo Development issued permit #001128, Building permit application submitted June 12, 2021. Design, architectural, civil, structural, mechanical ,electrical, and landscaping plans all included! Short distance to Waterfront, Bowen Park, schools, bus routes, and downtown Nanaimo. It is only 3 minutes by car to Nanaimo Hospital, 6 minutes to Vancouver Island University and BC Ferries, and close to many shopping centers in surrounding neighbourhoods. There is also a 3 bedroom updated rental rancher on site now, All data taken from information deemed reliable - Building "As is Where is" includes newer kitchen, bathroom and thermal windows. Fully fenced. Separate garage with lane access. Ideal Townsite location. All measurements of Rental property not confirmed and should be researched if important to buyer.