$1,995,000
9971/9973 Resthaven Dr, Sidney, BC V8L 3G2
0 Beds
0 Baths
n/a sqft

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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.
  • Price:
  • $1,995,000
  • Acreage:
  • 0.24
  • Listing ID #:
  • 873911
  • Street Address:
  • 9971/9973 Resthaven Dr
  • City:
  • Sidney
  • Province:
  • British Columbia
  • Postal Code:
  • V8L 3G2
  • County:
  • Capital Regional District
  • Community:
  • Sidney
  • Subarea:
  • Sidney North-West
  • Listing Status:
  • Active
  • Listing Type:
  • Land
  • Building Condition:
  • Land Value Only
  • Conforms To Zoning:
  • Rm7 Multifamily High Den.
  • Lot Features:
  • Level, Shopping Nearby
  • Lot Size:
  • 0.24
  • Lot Size Units:
  • Acres
  • Lot Square Footage:
  • 10397
  • Road Type:
  • Paved
  • Zoning Description:
  • Multi-Family
  • Days On Market:
  • 180
  • Originating Mls:
  • Victoria Real Estate Board
  • Terms:
  • Purchaser To Finance
  • Sub Area:
  • Sidney North-West
  • Ownership:
  • Freehold
  • Property Taxes:
  • $7,005
  • Tax Year:
  • 2020
  • Pet Allowed:
  • Aquariums, Birds, Caged Mammals, Cats Ok, Dogs Ok, Yes
  • Parking Spaces:
  • 10
  • Existing Water:
  • Municipal
  • Sewage Type:
  • Sewer Available
  • Listing Provided By John W. Romashenko of Saanich Peninsula Realty Ltd

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