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. (id:27476)
