Located directly across from Vancouver Island University, this multi-use COR-1 zoned property is a fantastic opportunity for a first-time buyer, investor, or someone looking to add their personal touch to a charming home on a level lot. The two-bedroom house offers plenty of space, with a fully fenced yard that's perfect for both family living and pets. A cute storage shed or playhouse sits in the backyard, adding extra function and charm. The property has access from Wakesiah Avenue, as well as a rear laneway with a gate—ideal for parking or future development of a carriage house (buyer to confirm with the city). The yard is sunny, level, and well landscaped with mature shrubs and plants, creating a private outdoor oasis. This home is also within easy walking distance to the Vancouver Island Village Center Mall, which features a grocery store, liquor store, pharmacy, pet store, clothing stores, great restaurants, and more—everything you need just minutes away. Conveniently located on a major bus route, this property offers excellent accessibility for daily commuting, student rental potential, or car-free living. Whether you're looking for a place to call home or a solid rental investment, this property checks all the boxes. Bonus: added development potential with the purchase of the adjacent property at 486 Wakesiah MLS #1008818. Call today to arrange your private viewing. All measurements and other data must be verified if deemed important.