The City of Nanaimo is growing and opportunities are abundant for investors or buyers looking to enter the market. The University District is a rapidly changing neighborhood with every amenity within walking distance. Situated on a good size lot with alley access ripe for development, in a quiet, family friendly neighborhood you find this quaint little gem. This cozy home has 2 bedrooms and 1 bathroom, a good sized living room and an eat in kitchen, enjoying tons of natural light. The outdoor space is great with a nice deck and a large lush fully fenced yard with plenty of parking and room for your boat or RV! There are two sheds and a crawlspace for storage. Transportation to the mainland is also a breeze! In just 20 minutes you can travel from downtown Nanaimo to Vancouver by float plane or 70 minutes on the new Hullo Ferry! Whether you’re seeking a comfortable home to settle into or an investment with significant upside, this property delivers on both fronts!