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.
Data was last updated November 23, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
35
Avg list price:
$899,900
Min list price:
$399,000
Max list price:
$4,250,000
Avg days on market:
61
Min days on market:
4
Max days on market:
234
Avg price per sq.ft.:
$714.07
These statistics are generated based on the current listing's property type
and located in
Si Sidney South-East. Average values are
derived using median calculations. This data is not produced by the MLS® system.