A/O 1912 South Oak Bay family home directly across from Monterey Middle School and just a stroll to the Oak Bay Marina. First time on the market in over 30 years! Extensive wood working; fir/oak: floors, banister, trim, baseboards, and more. Beautiful fenced back yard with rare gigantic Eucalyptus tree. Large unfinished basement with workshop (7’-8’’ high workshop ceiling). With some cosmetic repairs this could be the GEM you have been looking for. Roof at year 12 of 30-year shingles, chimney in great condition, 200 Amp electrical, lots of plumbing/perimeter drain upgrades. Pre-list inspection available. Must be seen to truly appreciate. A rare find and outstanding value in today’s market.