Presenting the opportunity to purchase 2329 Arbot Road in Nanaimo, BC. This 5.13 acre lakefront property features an 11,993 SF community housing building, previously operating as the House of Bread Monastery. Renovated in 2013/2014, the Monastery building currently offers 10 living suites and numerous amenity rooms, but offers significant repositioning potential. The remainder of the land is mostly flat and cleared, representing an opportunity to develop various build forms as per Nanaimo’s Suburban Neighbourhood designation. Located steps from the popular Westwood Lake Park & Trail, housing opportunities in this neighbourhood would be well received by potential residents.