DEVELOPMENT OPPORTUNITY. Ideal opportunity for an investor to develop a small boutique condominium building with C1 Zoning. Excellent & Prime location in Sidney - close to Bevan Ave, close to all shopping areas, parks, Ferry Terminal & SHORT WALK to Sidney WATERFRONT & Pier. C1 Zoning can potentially allow up to 11 condo units and one small commercial unit as per the zoning specifications. Initials plans available to submit with the City. Buyer/Buyer's agent must verify with the city. Currently whole house is rented out in 2 Units- Upstairs comes with 2 Bed 1 Bath & Basement has 2 Bed 1 Bath with separate entrance. Both units have separate Laundries and are self sufficient. Total current is $4,800/month. Rent Now & Develop later. Rectangle Lot, NO easements or right of ways. Listed significantly below BC Assessment, Priced to Sell.
Address
9717 Second St
List Price
$1,399,999
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Sidney
Sub-Area
Si Sidney South-East
Bedrooms
4
Bathrooms
2
Floor Area
2,164 Sq. Ft.
Lot Size
6000 Sq. Ft.
Lot Size (Acres)
0.14 Ac.
Year Built
1975
MLS® Number
1013115
Listing Brokerage
Sutton Group-Alliance R.E.S.
Basement Area
Finished, Walk-Out Access, With Windows
Postal Code
V8L 3C3
Tax Amount
$5,979.80
Tax Year
2024
Features
Baseboard, Electric, F/S/W/D, Oven/Range Electric, Range Hood
Amenities
Balcony/Deck, Central Location, Easy Access, Recreation Nearby, Rectangular Lot, See Remarks
