$1,775,000
9254 Rideau Ave
Beds
5
Baths
3
Sqft
—
Year
1981
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Versatile Property offering half an acre of land with two entry points. One from Canora Rd. & the other from Rideau Ave. The house has 5 bedrooms and 2.5 bathrooms on two levels with 2640 sf. of living space. This great home and property are located in the very popular North Saanich area with easy access to the ferries and airport. The prime usage of this property would be a multi family development. The North Saanich OCP calls for the development of Multi-family Residential housing and as such allows for different configurations of buildings Like 7-8 Townhouses, 14 condos three story max. or 4 single family lots of 4-6,000 sf. Located on bike path directly to Sidney, Panorama Centre and the Airport. Walking distance to Marty's, Sidney, Bazan Bay, Liquor Store & 2 parks. You are only a 5 minute drive to Victoria International Airport. This property is also only 400 meters from the main bus transport terminal on McTavish Rd. Excellent location for prime development. Call for Viewing. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- Bazan Bay
- Common interest
- Freehold
- Living area
- 2,640 square feet
- Lot size
- 0.5 acres
- Lot dimensions
- 0.5
- Parking
- 4 total
- Fireplace
- 2
- On market
- Mar 8, 2026
- Status changed
- Apr 16, 2026
- Annual tax
- $3,633
- Zoning
- Residential
- Photos
- 17
- MLS#
- 1028144
- Area
- NORTH_SAANICH
Features and systems
Appliances
Heating
Cooling
Lot
Cash on cash
-11.47%
Cap rate
3.60%
GRM
16.7
Break-even rent
$12,446
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for North Saanich. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.