INCREDIBLE DEVELOPMENT OPPORTUNITY! Located in the heart of Brentwood Bay and situated on a PRIME, 11,000+ sqft corner lot sits this move-in ready 1950's bungalow. Offering 2 spacious Bedrooms, 4pc Bathroom, a sunken Living room w/vaulted ceilings, cozy family room w/wood burning fireplace, spacious Kitchen and dining space. Updated infrastructure includes a newer Roof, Heat pump, 200amp, EV Charger, Water-line & Vinyl windows. Detached two-level, 500sq ft workshop w/power, Greenhouse & Gazebo and a South facing yard w/raised beds and fruit trees. Added bonus of a drive-thru driveway with street access off both Hagan & Sluggett Rd's already in place. Bill 44/RN zoning allows for up to 4 units on this site - with the homes present siting and almost 20m's to the west property line, subdividing a lot off and keeping the existing residence & workshop could be an option (See Central Saanich for for details). This is a great short-term play or long term hold with great upside!