A rare opportunity in one of Victoria’s most sought-after neighbourhoods! Set on a generous lot just steps from Mt. Tolmie and minutes to UVic, this property offers exceptional upside for builders, investors, or families with vision. The existing home is structurally sound and has been professionally gutted to the studs and joists following a house fire, providing a clean slate to reimagine the layout and finishes from the ground up. With the right plan and permits, restoration is entirely achievable. Alternatively, the lot itself presents an ideal canvas for a brand-new custom build in an established, central location surrounded by parks, schools, and amenities. Whether you choose to revive the current structure or start fresh, this is a prime chance to secure a well-located property with outstanding long-term potential in the heart of the Cedar Hill area. The home is 2224 of presently unfinished sqft.