In the same family for over 30 years, this functional well laid out house is ready for new owners who have a vision for all the potential and opportunities this home and location offers. Oak floors (in great condition) throughout most of the main, double pane windows approx 10 years old, 2 fireplaces, 2 sunrooms, a partially developed basement awaiting your ideas for further development (there's a kitchenette already in place), and a sunny south facing rear yard with lots of fruit trees. Minutes from Hillside Mall and Shelbourne Plaza, UVIC, public transit, easy cycling routes and shops and services, this location is second to none! There are a number of newly renovated homes close by on this street and there's no question it's a developing neighborhood. RS-6 zoning may allow for further development of the property (Purchaser to verify). Priced below assessed value to reflect the need for some improvements, this represents an excellent opportunity for an astute buyer to build equity.