My Listings
- Status:
- Pending
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 864033
Investment opportunity with potential for multi-family redevelopment and income. This well-kept rancher is on a uniquely private 0.62-acre corner lot close to all the best Sidney & North Saanich offer. Inside features updated kitchen, open concept dining/living, indoor outdoor flow, wood burning stove, and a large, bright laundry room. The outdoor landscape offers many zen spaces, firepit, patios, private deck with hot tub and outdoor shower. The 300sqft detached workshop with 100amp panel provides further space for storage, hobbies or would be an ideal home gym. With a community plan designation of Multi-Family Affordable Residential, this is a unique opportunity to hold with income, and plan your future redevelopment. Panorama Rec Centre, downtown Sidney, beaches, Dean Park, the Airport and Roost Winery are nearby. Note: Seller and tenant occupied. $2100k revenue plus the seller may consider renting back for 6 months or more at market rent. Also listed under Residential MLS 863995
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Land
- Lease Type:
- Sale Price
- Lease Term:
- Month To Month
- Listing General Location:
- NS Bazan Bay, Victoria
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0.62 acre(s)0.251 hectare(s)
- Taxes:
- $2,784 / 2020
- Construction:
- Frame Wood, Insulation: Ceiling, Insulation: Walls, Wood
- New Construction:
- No
- Foundation:
- Concrete Perimeter, Slab
- Electricity:
- Yes
- Floor finish:
- Mixed
- Total Building Area:
- 2,260 sq. ft.209.961 m2
- Leasable Area:
- 2,563 sq. ft.238.11 m2
- Commercial Area:
- Peninsula
- Subdivisable Area:
- Yes
- Subdivisable Area Min:
- 3 sq. ft.0.279 m2
- Water supply:
- Municipal
- Heating:
- Baseboard, Electric
- Fireplace:
- No
- Fixtures, Parking, Real Estate
- Balcony/Deck, Balcony/Patio, Fencing: Partial, Garden, Lighting, Low Maintenance Yard, Sign: Allowed, Wheelchair Access, See Remarks
- Off Pat Bay Hwy towards airport onto Canora, stay to right of V, second driveway on your left to main house. Main home front door is left of lockbox.
- Main Level
- 0
- Yes
- No
- Unrestricted
- Assessed:
- 778000.0
- Assessment year:
- 2021
- Gross Income:
- 25200.0
- Jurisdiction name:
- District of North Saanich
- Legal Description:
- Lot D, Section 7, Range 2 East, North Saanich District, Plan 29053
- Zoning:
- R2
- Legal Non-Conformance:
- Yes
- Units in Building:
- 3
- Other Equipment:
- Satellite Dish/Receiver, Other Improvements
- Property Condition:
- Updated/Remodeled
- Utilities:
- Cable Available, Cable Connected, Compost, Electricity Available, Electricity Connected, Garbage, Phone Available, Phone Connected, Recycling
- Lot Site Features:
- Central Location, Corner Lot, Easy Access, Landscaped, Level, Marina Nearby, Park Setting, Pie Shaped Lot, Private, Recreation Nearby, Rural Setting, Serviced, Shopping Nearby, See Remarks
- Parking Features:
- On Site
- Total Parking Spaces:
- 6
- Road Surface Type:
- Paved
- Total Units:
- 3
- Date Listed:
- Jan 28, 2021
- Original Price:
- 998000.0
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Sales Brochure
Virtual Tour
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Listed by Royal LePage Coast Capital - Westshore and Royal LePage Coast Capital - Chatterton, pending date Feb 16, 2021
Data was last updated February 27, 2021 at 02:05 PM (UTC)
Area Statistics
- Listings on market:
- 53
- Avg list price:
- $787,000
- Min list price:
- $28,500
- Max list price:
- $9,700,000
- Avg days on market:
- 138
- Min days on market:
- 2
- Max days on market:
- 1,319
These statistics are generated based on the current listing's property type
and located in
Victoria. Average values are
derived using median calculations.
- Sandy Clark Personal Real Estate Corporation
- Royal LePage Coast Capital Realty
- 250-668-9878
- vancouverislandproperty@gmail.com
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.
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