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, a little bit of TLC and you can bring back to life a serene backyard oasis with a tranquil pond, sitting areas, a cute bridge over a small man made stream. Mature Bing Cherry Tree and Bartlett Pear tree along with Black Currant bushes and Black Berry vines for your own fresh fruit supply! 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!