Rare opportunity to obtain a high profile, level site in North Saanich zoned Single Family Residential with an existing 2 story home with suite. The site is designated 'Multi-Family Affordable Residential' in the OCP, defined as 15 t/h per acre; 30/condo units per acre to 3 storeys or SF lots from 4000sqft t0 6000sqft. This unique zoning offers potential to rezone to condos or townhomes in an area demanding higher residential density. The location is within a 5 minute drive to downtown Sidney, beaches, and the Victoria International Airport; 10 minute drive to the Swartz Bay Ferry to the lower mainland and 20 minute drive to downtown Victoria. One block from the site is a brand new small lot single family subdivision with homes ranging in price from $850,000 to over a $1mm. Buyers must do their own due diligence with the local municipality regarding development. (id:24231)
MLS® Number | 856582 |
Property Type | Multi-family |
Neigbourhood | Dean Park |
Features | Acreage, Central Location, Curb & Gutter, Level Lot, Private Setting, Corner Site, See Remarks, Partially Cleared, Other, Marine Oriented |
Fireplace Present | No |
Heating Fuel | Electric |
Heating Type | Baseboard Heaters |
Type | Multi-family |
Acreage | Yes |
Size Irregular | 0.74 |
Size Total | 0.74 Ac |
Size Total Text | 0.74 Ac |
Zoning Description | R2 |
Zoning Type | Unknown |
https://www.realtor.ca/real-estate/22402304/9191-rideau-ave-north-saanich-dean-park
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