This home sits in a fantastic location, just steps to Oak Bay Avenue! This well-loved family home is need of someone wanting to take on a serious project or build your dream home here. The rectangular lot is 50'x125' with west facing backyard and laneway access. The existing house is spacious with three bedrooms, one bathroom and well proportioned dining room and living room. The basement is unfinished with ceiling height ranging from 6'8 to 7'6. This wonderful property is located walking distance to all amenities including shopping, restaurants, schools, parks, Oak Bay Rec Center and transportation routes. Also less than a 10 minute drive to downtown. Come and see this exciting opportunity in a prime location!