Bring your vision and discover the possibilities this spacious 2,345 sq. ft. rancher with a partially finished basement has to offer. Set on a private .18-acre lot, mature trees and established shrubs create a peaceful backyard setting, offering privacy and room to enjoy outdoor living. This older home is ready for a new chapter and presents an excellent opportunity for buyers looking to renovate and add value. Natural light fills the main level through large picture windows, highlighting the hardwood floors in the inviting living room with its tile-surround fireplace. The adjoining dining room provides an ideal gathering space, while the kitchen features abundant cabinetry, tile flooring, overlooks the backyard, and offers direct access to the rear deck. The main floor includes a spacious primary bedroom, two additional bedrooms, and a family bathroom. The partially finished lower level, with its own separate entrance, expands the home's possibilities with a mudroom, laundry area, recreation room, studio or hobby space, an additional bedroom, and a 3-piece bathroom. With suite potential and no kitchen currently installed, this flexible space offers excellent opportunities for extended family, guests, a home-based business, or future improvements. Ideally located close to Nanaimo Regional General Hospital, schools, shopping, parks, transit, Departure Bay Ferry, and Nanaimo's vibrant waterfront, you'll enjoy the convenience of everyday amenities just minutes from your doorstep. Looking for even greater opportunity? This home is also available for purchase together with the adjoining R5 development lot (MLS® 1043326), creating an exceptional opportunity for redevelopment, investment, or future expansion. Measurements approximate and should be verified if important. (id:58180)