9191 Rideau Ave North Saanich, British Columbia V8L 1E7

Baseboard Heaters Acreage


Rare opportunity to obtain a high profile, level site in North Saanich zoned Single Family Residential with an existing 2 story home with 3 self contained living spaces and a 4 car garage. Potential for great rents with some improvements. Currently seller occupied & some TLC needed. 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 4000 to 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:37253)

Property Details

MLS® Number 873561
Property Type Multi-family
Neigbourhood Bazan Bay
Features Acreage, Central Location, Curb & Gutter, Level Lot, Private Setting, Corner Site, See Remarks, Partially Cleared, Other, Rectangular, Marine Oriented


Heating Fuel Electric
Heating Type Baseboard Heaters
Type Multi-family


Access Type Road Access
Acreage Yes
Size Irregular 0.74
Size Total 0.74 Ac
Size Total Text 0.74 Ac
Zoning Description R2
Zoning Type Unknown