Welcome to 453 Watfield! This 5,435 sqft flat lot is a rare opportunity, zoned R1 and R5, offering flexibility for a variety of builds. With alley access and carriage house potential, you can create a single-family home with suite and carriage house, or even a tri- or four-plex. Essential services, including sewer and water, are already at the lot line (storm drainage still required). Ideally located just 3 blocks from VIU and close to parks, shops, and schools, this property combines convenience, strong income potential, and a vibrant lifestyle. Priced BELOW assessment.