Enjoy complete privacy and full ownership with a freehold title—no strata fees or pad rent required. Situated on a generous 10,350 sq ft lot in desirable North Nanaimo, this meticulously maintained home offers exceptional value, true turnkey living, and valuable development potential with its R5 zoning. Inside, an open-concept layout features fresh laminate flooring, updated light fixtures, and a bright main living space thoughtfully separated from the two bedrooms. The renovated kitchen showcases sleek quartz countertops, stainless steel appliances, and a gas stove, while the primary suite offers direct access to a spa-like 5-piece bathroom complete with a dual vanity, stand-up shower, and separate soaker tub. Year-round indoor-outdoor living is effortless thanks to a spacious covered porch equipped with a built-in bar and gas BBQ hookup. Outside, the property features low-maintenance gardens, an Allan block retaining wall, a cozy firepit area, a detached insulated studio with power and cable, plus abundant parking for an RV, boat, or recreational toys. Complete with key infrastructure upgrades including newer windows, furnace, hot water tank, washer, and dryer, this North Nanaimo gem is fully ready for you to move in and enjoy immediately, or hold as a prime investment while exploring future multi-family development options.