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9971/9973 Resthaven Dr

Sidney, BC V8L 3G2
  • $1,995,000
  • STATUS: Active
  • ON SITE: 216 Days
  • MLS #: 873911
UPDATED: 201 min ago
$1,995,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Vacant Land / Lots
Area:

Description

9971 & 9973 Resthaven are a development site zoned Multi-family High Density (RM7), must be sold together; which would allow townhouses at a max height of 3 stories and apartment/condominiums at a max height of 4 stories. Residential density in the multi-family zones is based on floor area ratio. The RM7 zone has a base max FAR of 1.3 and a bonus max FAR of 2.0. The two properties have a combined lot area of 966m 2'd (10,397 ft 2'd). This means that someone can build up to a FAR of 1.3 or 1,255m2 of total floor area without paying any amenities at the time of building permit, or can build up to a FAR of 2.0, or 1932 m2 of total floor area, and pay $150 per square meter of additional floor area over the base max of 1,255.8 m2. The floor area can be divided up into however many units the property owner/developer sees fit, although there are Zoning Bylaw requirements for a minimum number of 3-bedroom units, adaptable units and req'd parking, tends to limit # of units within a dev'lment.

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http://www.vreb.org/vreb/VREBReciprocityProgram.html

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Call Victoria Home | Sutton Group-West Coast Realty. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2021-11-29T00:21:53.917.
www.callvictoriahome.com/homes/116478279
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9971/9973 Resthaven Dr Sidney, BC V8L 3G2

  • Price: $1,995,000
  • Status: Active
  • On Site: 216 Days
  • Updated: 201 min ago
  • MLS #: 873911
0
Beds
0
Baths
0
½ Baths
0.24
Acres
Neighbourhood:
Si Sidney North-West
Area:
Sidney
School District:
Capital Regional District
Property Description
9971 & 9973 Resthaven are a development site zoned Multi-family High Density (RM7), must be sold together; which would allow townhouses at a max height of 3 stories and apartment/condominiums at a max height of 4 stories. Residential density in the multi-family zones is based on floor area ratio. The RM7 zone has a base max FAR of 1.3 and a bonus max FAR of 2.0. The two properties have a combined lot area of 966m 2'd (10,397 ft 2'd). This means that someone can build up to a FAR of 1.3 or 1,255m2 of total floor area without paying any amenities at the time of building permit, or can build up to a FAR of 2.0, or 1932 m2 of total floor area, and pay $150 per square meter of additional floor area over the base max of 1,255.8 m2. The floor area can be divided up into however many units the property owner/developer sees fit, although there are Zoning Bylaw requirements for a minimum number of 3-bedroom units, adaptable units and req'd parking, tends to limit # of units within a dev'lment.
Exterior Features

Carport Spaces 0 Carport YN No Entry Location Main Level Garage YN No Lot Features LevelShopping Nearby Parking Total 10 Road Surface Type Paved View YN No Waterfront YN No

Interior Features

Fireplace YN No Heating YN No Main Level Bathrooms 0 Main Level Bedrooms 0

Property Features

Ownership Freehold Pets Allowed AquariumsBirdsCaged MammalsCats OkDogs OkYes Property Condition Land Value Only Property Sub Type Land Rental Allowed Unrestricted Sewer Sewer Available Tax Annual Amount 7005 Tax Jurisdiction Town Of Sidney Tax Year 2020 Water Source Municipal Youngest Age Allowed 0 Zoning Rm7 Multifamily High Den. Zoning Description Multi-Family

Listing provided courtesy of Saanich Peninsula Realty Ltd and [CO-OFFICENAME].

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
http://www.vreb.org/vreb/VREBReciprocityProgram.html

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Call Victoria Home | Sutton Group-West Coast Realty. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2021-11-29T00:21:53.917.
 
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103 4400 Chatterton Way
Victoria BC, V8X5J2