9691 Fifth St | $759,000 | MLS® 1032786
Matt Eide Agent Photo
Matt
Eide
P. (250) 385-2033
 Phone Matt
Newport Realty Ltd.
1144 Fort St
 Victoria, BC
 Canada V8V 3K8
MLS® 1032786

Details

%
Years (35 year max)
Years



Address 9691 Fifth St
AreaSidney
Sub AreaSidney South-East
State/ProvinceBritish Columbia
CountryCanada
Price$759,000
Property TypeSingle Family
Bedrooms2
Bathrooms1
Floor Space1037 Square Feet
Lot Size5500.00 Square Feet
WaterfrontNo
Year Built1948
Taxes $4,001
Tax Year2025
MLS® #1032786

Perfectly positioned in Sidney’s Orchard neighbourhood, 9691 Fifth Street is a rare land and redevelopment opportunity in one of the Peninsula’s most walkable seaside communities. For developers and long-term investors, this flat 55 x 100 ft lot with RM5 zoning and a municipally recognized laneway offers an attractive combination of current use, income or holding potential, and future upside. Just steps from Beacon Avenue’s shops, restaurants, cafes, and everyday services, and a short walk to Tulista Park, Roberts Bay, and Sidney’s picturesque beaches and waterfront pathways, this property sits in a highly desirable destination neighbourhood that end-users and tenants actively seek out. This property’s zoning framework and laneway access make it especially appealing for small-scale multi-unit housing concepts, with provincial policy now encouraging multiplex and gentle-density forms in established residential areas. This creates a clear path for future redevelopment into triplex, four-plex, or similar infill formats (subject to municipal approvals), while the underlying land value is supported by strong walkability, coastal lifestyle appeal, and limited supply of comparable infill sites. For buyers looking to secure well-located land in Sidney for a strategic buy-and-hold, land bank, or phased redevelopment, 9691 Fifth Street offers a compelling balance of present-day affordability, zoning flexibility, and long-term growth potential in a tightly held, high-demand market.

Listed by ENGEL & VOLKERS VANCOUVER ISLAND

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About

About Matt Eide

A Pure Real Estate Enthusiast

As a third generation BC REALTOR®, Matt has made property development and the real estate industry his life's focus. Matt personally has over 10 years of property development and income property experience which to assist clients in making the perfect real estate decision.

Matt’s clients will tell you that it’s his enthusiasm for real estate, professionalism and industry knowledge that allows him to provide outstanding service to his clients. Matt understands not only that buying and selling real estate is the single largest financial decision an individual will make, but that there are other aspects beyond just the look and feel of the property, that can put a client years ahead financially. Understanding that real estate is one of the best self-made retirement plans, Matt can help you develop a plan that works for you in the short term and shapes your financial future for the long term.

Matt was born and raised on Salt Spring Island, completed a Bachelor of Commerce degree at Royal Roads University and stayed in Victoria for the perfect blend of west coast urban living and picturesque natural beauty that it offers. Matt's history with Victoria, combined with his property development and income property management in the city give him a unique perspective with which to help a client find the ideal property in one of Victoria's many fantastic neighborhoods.

Matt takes professional and personal pride in keeping his clients abreast of market trends, news and the many in-depth subtleties of purchasing and selling real estate in Victoria. Specializing in single family homes and revenue properties, Matt will use his broad experience to help you reach your real estate goals.