DEVELOPMENT POTENTIAL WITH APPROVAL FROM CITY OF VICTORIA. This is a well-kept 50âs bungalow resting on a 77â by 192â lot. Please note that a small portion of the lot is situated in the Municipality of Oak Bay. The house has been lovingly maintained by the long-term owner, but the property is ripe for redevelopment in this quiet and highly sought-after neighbourhood. Lot size taken from B.C. Assessment Authority records. (id:27476)