Ocean view character home with income potential in the heart of the Old City. Built in the 1930's on a desirable block, this well-maintained, adaptable home offers heritage charm & coach house eligibility. The 2 bed, 2 bath main features a spacious master & sizable ensuite, and a big bright kitchen with stainless steel appliances. A lovely living & dining space offers original wood paneling, mouldings & window seat, a cozy gas fireplace, & french doors leading to a paved patio. The lower level features a clean & bright city-recognized, unauthorized bachelor suite with a full bath. Outside, the beautiful, level rear yard leads to a greenhouse, and a legal, non-conforming detached shop that is currently being used as a single room cottage. With gorgeous views, parking for several vehicles, a park next door, and a convenient location within walking distance of the university, downtown shopping, restaurants & the seawall, this is an ultra-versatile property in a sought-after area.