Rare opportunity to buy 1.03 acres within a 5-minute walk of downtown Cumberland. One of very few large undeveloped acreages remaining. Townhomes permitted per Official Community Plan and multiple subdivision scenarios possible. <800m from schools, parks, restaurants, and retail. Zoning also allows: 1 single-family house, 1 secondary suite, and 1 carriage house on each lot (with short-term rentals). Currently has a Live-in ready, recently-renovated, 4-bedroom house with 2-car garage that produces strong monthly income. Exceptional investment opportunity benefitting from the continued growth of Cumberland.