A rare opportunity in one of Oak Bay’s prized neighbourhoods! This versatile property offers the best of both worlds—immediate comfort as a family home and excellent long-term value. The main level features a welcoming 3-bedroom residence with natural light and character, while the bright 2-bedroom suite provides a flexible mortgage helper, private guest space, or accommodation for extended family. Set on a 7,000 sq.ft. R5-zoned lot, the property is move-in ready today yet also serves as a great holding property with significant future redevelopment potential under the new SSMUH guidelines. The lifestyle here is unmatched—just a short stroll to Willows Beach, Estevan and Oak Bay Villages, parks, and top-rated schools. Whether you’re seeking a warm family home, extra income, or a strategic investment in one of Victoria’s most desirable neighbourhoods, this offering stands out as a truly exceptional find.