Discover the charm of this 2-bedroom, 1-bathroom character home in South Nanaimo. With a comfortable 740 sq ft of finished space and a 733 sq ft unfinished basement, this property blends cozy living with limitless potential to add equity. Recent upgrades include stylish new cabinets, modern flooring, and an elegant bathroom vanity, along with the redone driveway via laneway which acts as the primary access. Situated in a convenient location, the Hullo ferry and Helijet terminals are nearly visible in the peekaboo ocean views. Surrounded by local amenities like restaurants, shopping center, schools, seawall and more. This neighborhood is also bustling with new development including modern condo buildings, adding to the area's appeal. The property's laneway access aligns with zoning for a potential carriage house, offering additional space or rental income opportunities. This home is the perfect equity building opportunity, perfect for first time home buyers, downsizers and investors!