9254 RIDEAU NORTH SAANICH

Bazan Bay neighbourhood of North Saanich British Columbia Canada V8L 1E8
$1,600,000
  • Price: $1,600,000
  • MLS Number: 855365
  • Bedrooms: 5
  • Bathrooms: 3
  • Square Footage: 3705 Sq Ft
  • Property Type: Residential, Single Family Detached

Rare opportunity to obtain a solid 2600sqft home with a 2 bedroom suite on a level, sunny 1/2 acre site AND future development and frontage on Canora and Rideau. The Official Community Plan designates these lands as “Multi-family Affordable Residential” potentially allowing rezoning to apartments, town homes or single family lots, defined in the OCP as 15 t/h per acre; 30 condo units/acre, max 3 story; or single family lots 4000-6000sqft. The new neighbouring subdivision consists of $850k-$1M+ homes on small lots. This beautiful rural setting is ideally positioned only 5 minutes to Victoria International Airport, downtown Sidney, Swartz Bay Ferry Terminal, and 25 minutes to downtown Victoria. A fabulous opportunity in a sought after area.

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