IDEAL INVESTMENT OPPORTUNITY! Welcome to this inviting rancher nestled in a peaceful neighborhood just a stone's throw from VI University. This well laid out home features a 3 bed/2 bath residence with the bonus of a 1 bed/1 bath suite with separate entrance, ideal for students, multigenerational living, and/or income generation. This home has been meticulously maintained and recent updates including a newer roof and siding. Outside, a secluded backyard adorned with fruit trees creates an idyllic setting for outdoor gatherings. The property is fully fenced and gated, with ample space for RV or boat parking, and includes a detached structure suitable for use as a garage or workshop. Conveniently situated near schools, shopping, and recreational facilities, this residence provides effortless access to the array of amenities that Nanaimo has to offer. With the added potential of a carriage house (check with the city), this property is a gem offering versatility and endless potential.