Exceptional development potential, rental income opportunity, or the ideal family home???this rare 16,300 sq. ft. lot features dual street access and is zoned RS-10, offering excellent future development possibilities. Ideally situated near all school levels and UVic, this home boasts brand-new (2025) kitchen appliances, perfect for entertaining or the passionate chef. The open-concept main level provides a spacious and inviting atmosphere, complemented by two versatile flex rooms ideal for a family room, office, bedroom, or gym. Upstairs, four bedrooms and the main bathroom create a quiet, private retreat. A newly built, bright, and self-contained one-bedroom suite???with its own entrance and in-suite laundry, is unoccupied, allowing you to select your preferred tenant. Additional highlights include beautifully renovated bathrooms, 200-amp service, and natural gas. The generous south-facing deck, complete with a fireplace and hot tub, is perfect for relaxing or entertaining???you???ll be the envy of your friends!. Storage is no issue with a large pantry and a massive crawl space to keep your belongings organized. Whether you???re looking for a place to raise your family, a home designed for entertaining, or a lucrative rental property, this move-in-ready residence presents an outstanding long-term investment. Transit close by. Priced accordingly so you can add the ensuite of your dreams!