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.
Layout Main Level Entry with Lower Level(s)
Lot features Central Location, Easy Access, Recreation Nearby, Rectangular Lot, See Remarks
Heating Baseboard, Electric
Roof Asphalt Shingle
Parking Spaces 2
Exterior features Balcony/Deck
Parking Type Driveway
Kitchens2
Laundry FeatureIn House, In Unit
Taxes$5,979
Rentals Allowed Unrestricted
Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Days on Market2