Large lot in North Saanich with future holding/redevelopment potential. This solid 1960’s home is set on a uniquely private 0.32 acre and is close to all the best Sidney and North Saanich have to offer. This large two-story home has received numerous upgrades and updates over the years; heat pump, updated vinyl windows, 200-amp service, new hot water tank, and heated tile flooring in upper bathroom. Dual access to this property from Rideau Avenue and Canora Road – perfect for the hobbyist with plenty of parking and space to spread out. The upper floor features 3 bedrooms and a den, and the lower contains a one-bedroom suite with an option for a 2 bedroom either for the suite or keep with the upstairs unit. The home is currently tenanted with long term tenants at $2700 a month on a month-to-month tenancy. The community plan designation of “Multi-Family Affordable Residential” offers the following density per acre: 30 condos up to 3 stories, up to 15 townhouses and single-family home lots between 4000 – 6000 square feet. Buyers to confirm development potential with the District of North Saanich. This is a unique opportunity to hold, with income, and investigate future redevelopment options. Panorama Recreation Centre, Mary’s Bleu Moon Cafe, the Sidney town core, Dean Park, and the Roost Farm Market are all within moments. Properties such as this are rare, contact us today for more details.
Listed by Stephanie Peat
of DFH Real Estate - Sidney
Data was last updated July 1, 2022 at 02:05 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$1,475,000
Min list price:
$1,125,000
Max list price:
$4,500,000
Avg days on market:
43
Min days on market:
8
Max days on market:
154
Avg price per sq.ft.:
$702.83
These statistics are generated based on the current listing's property type
and located in
NS Bazan Bay. Average values are
derived using median calculations.