977 Lovat Ave

*OPEN HOUSE SUNDAY 2-4 PM* Charming Home with Development Potential in Prime Location! Situated on a subdividable lot, this property allows for the creation of two separate lots. Potential also could be in producing opportunity in line with Saanich planning and new BC provincial housing standards offering value in potential minimum 4 units. (Buyer to verify with Saanich Municipality). The bright and inviting living room is highlighted by a cozy wood-burning fireplace and elegant coved ceilings that add a touch of sophistication. Adjacent to the living room, the dining area offers patio doors leading to a two-tiered deck, creating a perfect indoor-outdoor flow and overlooking a private and serene garden. Electric furnace and upgraded 200 amp service in 2010 ensure efficient heating and electrical service. The extra-insulated basement features a suite, offering potential rental income or additional living space. Two separate hydro meters and two hot water tanks provide flexibility and convenience. Energy-efficient vinyl windows enhance comfort and reduce utility costs. The upper level features 3 bedrooms, while the lower level boasts a 2-bedroom suite, providing flexibility for various living arrangements. Ample parking is provided with a single car garage, carport, and additional driveway space. Located in a great neighborhood known for its pride of ownership, this home offers the perfect blend of tranquility and convenience. Enjoy easy access to schools, parks, shopping, and amenities, making it an ideal place to call home. Don't miss out on this rare opportunity to own a lovingly cared-for home with development potential in a sought-after location.