Charming 3-bedroom, 1-bath bungalow in the heart of Fernwood, offering comfort today and opportunity for tomorrow. Modern upgrades include a 200-amp panel, vinyl windows, heat pump, and a cozy gas fireplace, making this home efficient and inviting. The unfinished basement provides ample storage with room to grow, while the large detached workshop/garage (built in 2011) is ideal for projects, hobbies, or extra parking. Set on a generous lot with plentiful parking, the property holds excellent development potential—whether expanding the existing home, adding a suite, or exploring future redevelopment options. All this in a walkable, thriving community just steps to Fernwood Square’s cafés, theatres, and parks, and only minutes to downtown Victoria. A rare chance to secure a versatile property that combines character, lifestyle, and outstanding investment value in one of the city’s most vibrant neighbourhoods.