Prime Fernwood/Oaklands border! 5500 sqft level lot located on a quiet street just steps from Haultain village and easy access to schools, shops and transit (walk score of 85!). The property is nestled amongst mature trees, providing a tranquil setting. Flexible R1-B zoning in a popular location ripe to take advantage of the provincial SSMUH or 'Missing Middle' housing opportunities. Although priced for land value, there is a character home with a flexible in-law secondary suite in place which offers potential to create your own vision or a great holding property while you design your dream home or development project. An easy commute to UVIC and in a desirable school catchment: Oaklands, Landsdowne and Oak Bay High! This IS a great drive-by! A rare opportunity to get into this neighbourhood at an accessible price point.