Priced below tax assessed value and first time on the market in 27 years! This 9,600 sq ft lot with a 2,538 sq ft home is located on a quiet street in Upper Lonsdale very close to nature with famous mountain bike & hiking trails, as well as Carisbrooke Elementary at its doorstep. The current owners have loved their time in this home with its peaceful and quiet location. Now there's a wonderful opportunity for someone to update the existing 4 bedroom, 2.5 bath spacious home featuring a large covered wrap around balcony providing a pleasant outlook, a massive double garage for tools and toys and the home has suite potential! Alternately, you can build your dream home and live in this wonderful family friendly neighbourhood. The possibilities are endless!