Sidney by the Sea - Real Estate located in Sidney By The Sea - Vancouver Island, British Columbia
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Sidney by the Sea - Real Estate located in Sidney By The Sea - Vancouver Island, British Columbia

"Compass Rose" - An Oceanfront Residence, Marina, Restaurant And Three Cottages...

Something different and special!  A Residence – Marina – Restaurant – Three Cottages in beautiful and protected Brentwood Bay - Saanich Inlet (48°38’ N., 123°29’W).

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Residence: An attractive well maintained 2900 square foot (269 square metres) three level family residence with three or four bedrooms and four bathrooms. Large top floor master suite with fireplace and en-suite bathroom. Main floor with large in line living/dining room with gas fireplace opening through French doors onto deck and small private garden overlooking the waterfront, modern kitchen with appliances.  Lower level with recreation room (or bedroom) with fireplace and second room (possible bedroom/office with separate entrance. Featuring: wood floors, French doors, floor to ceiling windows, three gas fireplaces, four decks/patio’s and six access doors directly to the outside.See Floor plan below.

Cottages: Three very comfortable and attractive self-contained cottages-cabins sited at the waters edge being approximately 729 square feet (68 square metres), 562 square feet (52 square metres) and 462 square feet (43 square metres). All with gas fireplaces and all furnishings. Very popular with attractive income. See Floor Plans below. 

Marina: There is a small exclusive Marina with protected dockage amounting to about 244 lineal feet (74.4 metres) +/-. Serviced with power and water and well maintained. There is also a small store/office/storage area currently vacant. Ample parking is adjoining the residence. Aquatic Lands 30 year Lease (foreshore lease) in place with 19 years approximately remaining before renewal (Province of B.C.) required - Annual fee approximately $3,981.13. Area of lease is approximately 0.1600 hectares (0.39 acres) +/-. See Site Survey and Floor Plans below.

Restaurant: A well regarded and popular Restaurant known as the “Seahorse Café” (leased - to April 30, 2009) of approximately 981 square feet (91 square metres) with large deck area sited at the waters edge. Situated within the Foreshore area. See Foreshore and Floor Plan below.

Zoning: Lot 26 (house and parking lot) - zoned C-6 (Marina/Commercial) approximately 12,876 square feet (1196.2 square metres) / 0.30 acre (0.12 ha). Foreshore Lease area zoned W2. 

Services:  Municipal water / Municipal Sewer / Natural Gas for heating fireplaces and appliances.

Located: Located on Brentwood Bay - a small Residential/Commercial area with a southern exposure in Saanich Inlet within the Municipality of Central Saanich. The Bay and Inlet area is noted for great boating, kayaking, fishing, crabbing, prawning, diving, marine and wildlife life. Adjacent to the Brentwood/Mill Bay ferry and close to Brentwood Village shopping, world famous Butchart Gardens and all amenities and only short distance to Parks, Schools, Hospital, Golf Courses, Airport, Town of Sidney, Ferries (Vancouver, Gulf Islands and Washington State) and only 30 minutes to Victoria.

A unique combination for those with an imagination and wanting different Life Style and a business with a further potential - currently under utilized (by choice) i.e. residence may have possible B and B potential, vacant store/office space, docks not fully leased, etc. Note: property fronts on two roads (Peden Lane and Renouf Lane) and there is a small pathway between residence and foreshore. See Survey and Plot Plans.

The property is not being sold by way of Financial Statements.  Incomes for Restaurant, Cottages and Marina can be given to qualified buyers.

Note: There are two adjoining Vacant Lots on Peden Lane that could be purchased: One (lot 25) lot commercial zoned (C-6) of approximately 11,112 square feet (1,032 square metres)-SOLD and one (lot B) residential zoned (R-1-S) lot approximately 5,500 square feet (511 square metres) offered at $415.00 Cdn.

Photos
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Residence - Interior


Restaurant, Marina & Views









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Lot Plan

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Floor Plan 1
Floor Plan 2


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Floor Plan 3
Survey Plan

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