Huge Price Improvement! This Exceptionally large, well situated, unique corner lot is located in the highly desirable Gordon Head neighbourhood and offers an exceptional opportunity for multi-generational living, extended family, student housing, or rental income. Just minutes from the university, beaches, parks, shopping, and everyday amenities, this is a location that continues to be in high demand for both homeowners and investors alike. Upstairs features a bright and functional main living space with an updated kitchen, newer vinyl and wood flooring, a mud room, 3 bedrooms, and 2 bathrooms, including a primary bedroom with ensuite. The welcoming main level is warmed by a gas fireplace and offers comfortable everyday living with plenty of natural light. Step outside to the large back deck, a perfect space for entertaining, hosting family gatherings, or enjoying the peaceful outdoor setting. Downstairs features a newly painted, separate 2 bedroom suite with its own private entrance, spacious living area, gas fireplace, and flex space, offering exceptional flexibility for investors, student housing, extended family, or multi-generational living. This self-contained space provides privacy, versatility, and excellent income potential. The large, well manicured yard is a huge bonus, offering room to relax, garden, or enjoy outdoor living, while the driveway accessible from two separate streets adds convenience and functionality. This is a rare chance to own a flexible and income producing property in one of Victoria’s most sought-after neighbourhoods, combining location, lifestyle, and versatility in one.