*New Listing!* 1615 Venlaw Road, Nanaimo Asking: $1,149,000 Nestled on an impressive 0.70-acre property, this residence boasts privacy, breathtaking views, and promising potential. With PLA Approval for Lot Subdivision (2 lots) and the possibility of expanding to 3 lots with City Approval, this property is currently thriving as a successful rental. Set against the picturesque backdrop of Pryde Vista Golf Course and Mount Benson, the well-maintained home offers captivating vistas. A meandering driveway winds through a wooded landscape that leads to the character-filled residence. Inside, discover beautifully refinished original fir hardwood floors, a welcoming gas fireplace, and an abundance of natural light streaming through generous windows. The main floor features 2 bedrooms, a laundry room conveniently located off the kitchen, and a 12x15 deck with access to a fenced side yard. The unfinished lower level holds tremendous potential and includes a spacious family room, gas fireplace, bathroom, an additional bedroom, and a kitchenette, leading to a private patio. Recent updates enhance the property's appeal, including a new roof and gutters, new oak kitchen floors, updated cabinets and appliances, as well as pot lights upstairs. Offering possibilities for multiple dwellings and strategic subdivision potential, this property stands as a rare find — ideal for continued rental success, a cherished long-term multi-generational family property, or an exciting development opportunity. Enjoy the combination of privacy, views, and the flexibility to shape this property into the realization of your vision. MLS® 949070