C$1,200,000

Rare Gorge Waterway Opportunity – Restore a Timeless Character Home or Explore Future Development. Set on an impressive 0.26-acre ocean view lot beside beautiful Gorge Waterway Park, this exceptional property offers a rare opportunity to restore a classic 1946 character home or explore higher-density redevelopment (buyer to verify with the District of Saanich. The home enjoys sweeping ocean views from the living room, sunroom, kitchen, dining area, and the front of the property. Rich in character, it features original details waiting for a new owner with vision and appreciation for classic architecture. The main living level is entered from the rear driveway through a practical mudroom and laundry area. From there, you'll find a bright sunroom, spacious kitchen and dining area, and a welcoming living room with water views. Two bedrooms and a large bathroom complete this level. A grand front entrance, accessed from the upper driveway, leads into the classic living and dining rooms, highlighted by a cozy fireplace. The lower level contains a self-contained one-bedroom in-law suite with its own hydro meter. With the simple addition of a closet, it could easily become a two-bedroom suite. This level also includes a generous living room, full bathroom, office, recreation room, and kitchen with dining area. Outside, mature trees, shrubs, and established gardens reflect decades of loving care and await the attention of an avid gardener. A detached garage measuring 18'10'' x 16'3'' provides additional storage or workshop space. Whether your dream is to restore a beautiful piece of Victoria's architectural history or unlock the redevelopment potential of this outstanding ocean view property, opportunities like this are becoming increasingly rare. Enjoy an unbeatable location close to Gorge Waterway Park, shopping, schools, recreation, and the many amenities of both Saanich and the City of Victoria. For more information or a viewing, let's get in touch. Lorne at 250-618-0680 (id:41202)