A Rare Elevated Setting on Parker Avenue On the west side of Parker Avenue — one of Saanich's most prestigious waterfront streets — it's the topography here that makes this lot truly rare, allowing for sweeping, panoramic views of Cordova Bay and Mt. Baker that few properties on the street can claim. This sun-filled, circa-1950s home sits on a 16,211 sq. ft. lot and takes full advantage of its elevated position. The main level features 3 bedrooms, a spacious living room anchored by a fireplace, and a large eat-in kitchen with an eating area. Upstairs, a beautifully finished suite enjoys spectacular views from every single room — genuinely one of the most impressive vantage points in the neighbourhood, filled with natural light throughout the day. A self-contained 1-bedroom suite on the lower level adds a strong, reliable income stream, making this as smart an investment as it is a place to call home. The west-facing backyard is a private natural oasis, with rock outcroppings, patios for entertaining, and mature gardens filled with an array of perennials that have flourished for decades under careful stewardship. Whether you choose to move in and enjoy the home as-is, renovate it to suit your taste, or design new construction to fully capture this rare, elevated setting, the bones are here, and the lot itself is truly exceptional. The location is simply unbeatable. You're just a 2-minute walk to Fenn Beach access, and moments from Parker Park, one of Greater Victoria's most popular parks and beaches, complete with a playground, tennis courts, and easy shoreline access. Matticks Farm, Cordova Bay Beach, and the scenic Lochside Trail are all within comfortable walking distance too, putting shops, cafes, and miles of trail right at your doorstep. This is a true once-in-a-generation opportunity to own one of the best views on one of Victoria's most sought-after waterfront streets. (id:24212)