Level-entry walkout on 2 legal lots in the desirable Old City, perfect for a first-time buyer or investor. Located in a desirable heritage neighbourhood within walking distance of downtown shops & restaurants, the seawall, the university, transit & all amenities. Ideally situated on a dead-end laneway, this home offers the potential for a suite or carriage house, as well as future redevelopment (w/ City approval), but is very livable currently. New updates include: a new roof & soffits, new windows, insulation, heated tile flooring in bath, flooring & interior paint. The main living space also features original hardwood floors & a bright, open feel. The sunny rear deck enjoys south facing views of Mt. Benson, and 2 separate garages provide space for dry storage & parking. The almost .25 acre property has had recent updates to the fencing & yard, & also allows room for boat or RV parking. With a convenient location in a high-demand rental area, this home is a versatile investment.