Discover the pinnacle of North Nanaimo's real estate: a sprawling 29.16-acre parcel primed for development. Zoned Urban Reserve, it promises potential for 22+ dwellings, amid an area where neighboring lots fetch $500K+ for 6000sf. Rezoning options for multifamily or higher density amplify its allure, offering endless possibilities. Enhancing its appeal is a contemporary 5-bed, 4-bath home with a legal mortgage helper suite. Vendor financing could be an option for eligible buyers. Seize the opportunity to capitalize on this prime investment now! All measurements approximate, buyer to verify if fundamental to the purchase