Exciting possibilities arise with the recent announcement from the BC government, opening the door to potentially construct 2 houses, each with legal suites on this property! Another option includes maintaining the existing house & constructing a new residence with additional accommodations in the backyard with REAR LANE ACCESS. Delight in this charming residence nestled in the highly sought-after south Oak Bay. Envision a 3200 sq ft home with some ocean views, boasting spacious rooms, high ceilings, fir floors, & more. Positioned just steps from the waterfront, convenience is at your fingertips with Oak Bay Village and Oak Bay Marina nearby, while the Victoria Golf Club is a short drive to the first tee. The rear lane access offers the convenience of ample parking or potential building site opportunities. Buyers are advised to confirm all aspects for future development with the relevant governing bodies. The seller or listing agent makes no representations or guarantees. Call now