Attention investors, developers, and those with an eye for opportunity. Situated on a prominent corner lot in the sought-after Fernwood neighbourhood, this charming two-bedroom home offers exceptional redevelopment potential in one of Victoria’s most desirable growth areas. With current R1B zoning, the property presents exciting possibilities for subdivision, strata development, or a mixed commercial and residential project (buyers to verify with the City of Victoria).
The main level features a bright and functional layout with two spacious bedrooms, a generous kitchen, and a cozy living room complete with a gas fireplace and a decommissioned wood-burning fireplace that adds character to the home. Step outside onto the large deck overlooking the beautifully landscaped backyard, where you’ll find a private hot tub surrounded by mature trees and stunning flower gardens that create a peaceful outdoor retreat.
Downstairs offers a full-height unfinished basement with laundry, providing excellent storage or future development potential.