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PRICED BELOW ASSESSED VALUE! Seize the opportunity to own freehold land with a charming, one-of-a-kind cottage in James Bay.This home sits upfront on a long .08 acre of prime city property that is literally steps to the Inner Harbour, Fisherman's Wharf & all the attractions that make Victoria famous. The back garden is so serene, it's hard to believe you are in the heart of it all! Warm fir floors, high ceilings & brick accents are reminders of the home's past. It has organically grown a unique floorplan & you can rest easy knowing all the important updates have been taken care of. It boasts a sleek kitchen, 200 amp. electrical, fresh paint, newer roof & more. This beloved gem has been a welcoming home over the years & could continue to be so, well into the future. But...ALERT: property is a savvy investment holding! Zoned R2 & NOT designated heritage, so you can build your dream home here or potentially add a revenue garden suite. Super BnB location too! QUICK POSSESSION AVAILABLE!