Perched high above the bay, this exceptional 0.98-acre park-like property offers breathtaking water, park, mountain, and city light views in the highly sought-after Crescent Beach area. Quietly tucked away from traffic, this rare offering presents potential for 2–3 lots, a spectacular 2-storey home with walkout basement and unobstructed views, or excellent holding value with rental potential. The beautifully updated rancher features a bright open-concept layout with 2 bedrooms plus a den, a 1-year-old roof and furnace, a partially unfinished basement, and a detached garage/workshop. Located just a short walk to Crescent Beach, scenic waterfront paths, and local restaurants. Great school catchments: École Crescent Park Elementary and Elgin Park Secondary. Must see!