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9971 Resthaven Dr

MLS® 873911

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.

Full Address

9971/9973 Resthaven Dr, Sidney BC V8L 3G2

MLS® Number

873911

Listing Price

$1,995,000

Property Type

Land

Year Built

Living Area

0 SqFt

Bedrooms

0

Total Bathrooms

0

Tax Year

2020

Annual Tax Amount

$7,005

Interior Features

Lot Features

Level, Shopping Nearby

Exterior Features

Total Fireplaces

Water Source

Municipal

Gas

Heating

Cooling

Sewer

Sewer Available

Style of Home

Layout

Basement

Subdivision

Elementary School

Middle School

High School

Directions

Property Location

Listing by Saanich Peninsula Realty Ltd

Listing information last updated: Wed Jun 16 2021 16:16:59 GMT+0000 (Coordinated Universal Time)

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