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Rare opportunity to own a charming 1930's character home on a spacious RT1 (duplex) zoned lot in the heart of Central Lonsdale. Ocean and city views from the upper floor, make this property ideal for renovation, investment or redevelopment. The existing home features 3 bedrooms, 2 bathrooms, and 2,208 sq ft of living space, complete with original built-ins, vintage oven, a cozy fireplace, and a renovated bathroom with a clawfoot tub. Enjoy the skylights throughout the upper level, as well as great suite potential on the lower level. The 7,305 sq ft lot offers ample space for outdoor living, with a sun-drenched south-facing patio overlooking a lush, a south-facing and flat backyard. Laneway access provides additional convenience. Just steps away from The Shipyards and so much more!