Tucked away in a family friendly community you will be delighted to find this value packed property! Located just a short stroll to the Colliery Dam, you will find gorgeous walking and biking trails and also just a few blocks from all levels of schools. Situated on a corner lot, this 4 bedroom home, which includes 1 bedroom suite, is perfect for an additional revenue stream. Inside, you’ll enjoy a bright, spacious layout. The living room features a cozy wood-burning fireplace and there is a formal dining room with easy access to the backyard. The kitchen is efficient and practical with everything you need in just the right amount of space. The upper floor is comprised of all 3 bedrooms and the main bathroom. The modern 1-bedroom suite has its own separate entry and in-suite laundry. There is even a great long-term tenant in place! The outdoor space is large enough to dedicate a yard to the suite and enjoy a good size lawn, raised garden beds and plenty of room to play! What really sets this home apart are the major components that have been updated in recent years. Some of these modern efficiencies include hot water on demand, a natural gas furnace, vinyl frame thermal windows and a roof replacement. This home is just minutes from the Vancouver Island University and the Nanaimo ice and aquatic centers, making it perfect for families or students & Access to the mainland is also a breeze!