2001 Lakeside Dr Beautiful Cinnabar home with suite on a prime R-5 zoned corner lot with potential subdivision. Welcome to this gorgeous home located in highly sought-after Cinnabar Valley, offering exceptional flexibility for families, investors, or multi-generational living. Situated on a large, flat R-5 zoned corner lot, this property provides development potential for up to four dwellings (buyer to verify w/ the City of Nanaimo), making it a rare opportunity w/ room to grow. Inside, you are greeted by a spacious ground-level foyer that opens into a warm and inviting family room & den featuring a cozy woodstove. This level also includes a separate 1 bedroom accommodation w/ side entrance ideal for guests, teenagers, extended family or rental. Main level offers an abundance of natural light, highlighted by a large living room w/ beautiful hardwood flooring & a feature fireplace. Updated kitchen includes stainless steel appliances, ample cupboard/counter space, a pantry, & open flow toward the living area, perfect for gatherings. Off the kitchen sits another generously sized bedroom w/ its own ensuite, offering great flexibility for family or visitors. Spacious primary suite provides plenty of closet space & a lovely ensuite complete w/ a clawfoot tub. Multiple access points from both the kitchen & living room lead to the expansive wrap-around deck, ideal for summer BBQs & outdoor entertaining. A major bonus is the 1-bdrm (or optional 2-bedroom) accommodation, offering excellent rental income potential or a fantastic space for extended family. Outside, the fully fenced backyard features plenty of room for kids & pets to play, along w/ established Cherry, Apple, & Pear trees. Ample parking & corner-lot access add to the convenience. Located close to parks, walking trails, schools, & shopping, this home truly checks every box. Call or email Sean McLintock for more info 250-729-1766 / sean@seanmcliontock.com (Measurements/info are approximate; verify if important) (id:203)