Exceptional opportunity in the heart of Hillside/Quadra! Set on a rare through lot with frontage on both Vancouver St. and Fifth St., this property offers tremendous potential for investors, builders or buyers with vision. Whether you are looking to restore, hold, or explore future redevelopment possibilities, the value here is undeniable. Built in 1948, the home offers timeless character, cove ceilings, hardwood floors, two bedrooms and one full bath. The living room is anchored by a cozy wood burning fireplace, while a gas furnace and heatpump adds comfort and convenience. The full unfinished basement provides excellent storage and utility space ready for your ideas. Outside, a separate detached garage offers ideal workshop space. Located in one of Victoria's most central and convenient neighbourhoods close to shopping, coffee shops, parks, schools and transit, excellent walkability. Bring your ideas and unlock the possibilities!