Affordable freehold ownership in Cedar! Situated on a fully fenced 0.28-acre corner lot at Yellow Point Rd and Gould Rd, this deregistered manufactured home offers an excellent opportunity for first-time buyers, investors, or those looking to own land at an accessible price point within Nanaimo city limits. The home offers 2 bedrooms, 1 bathroom, and a functional layout with some updates completed over the years, including laminate flooring, vinyl windows, and a forced-air furnace. While the home could benefit from cosmetic improvements and updating, it provides comfortable living with the potential to add value over time. The large fenced yard offers space for pets, gardening, parking, or outdoor enjoyment. Conveniently located on a bus route and close to schools, shopping, and Cedar amenities. RS2 zoning and corner lot location may offer future potential for buyers to explore. Measurements are approximate and should be verified if important.