A Rare Elevated Setting on Parker Avenue. On the west side of Parker Avenue — one of Saanich's most prestigious waterfront streets — the topography here is what makes this lot rare, allowing for sweeping, unobstructed views of Cordova Bay and Mt. Baker that few properties can claim. This sun-filled, circa-1950s home sits on a 16,211 sq. ft. lot and takes full advantage of the elevation. The main level features 3 bedrooms, a spacious living room with fireplace, and a large eat-in kitchen. Upstairs, a beautifully finished suite enjoys spectacular views from every room, while a 1-bedroom suite below adds high rental income. The backyard is a private natural oasis with rock outcroppings, patios, and mature gardens lovingly tended over the years. Move in as-is, renovate, or build new to fully capture this rare setting and its views. Just a 2-minute walk to Fenn Beach access, and moments to Parker Park, Matticks Farm, Cordova Bay Beach and the Lochside Trail.