INVESTMENT/DEVELOPMENT POTENTIAL! Discover the potential in this 2-bedroom, 874 sqft rancher nestled on a spacious 0.22-acre lot in Nanaimo's gateway area. This property is a hidden gem and a bit of a diamond in the rough, some TLC will bring back to life a serene backyard oasis with a pond, sitting areas & bridge over a small man made stream. Mature cherry & pear trees, black currant bushes & blackberry vines provide fresh fruit! A detached workshop offers possibilities for hobbies or projects, making it an excellent choice for first-time buyers or savvy investors. Paved lane access at the rear allows for RV parking on a property that additionally holds development potential for a carriage house addition or a multi-family development (buyer to verify with City of Nanaimo). Ideally situated on a quiet street, you'll enjoy central convenience with all amenities just moments away—whether by foot or a short drive. Don't miss this incredible opportunity to create something truly special!