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5759 TEREDO STREET, Sechelt

MLS® #C8077283
About this Property

COURT ORDERED SALE. Rare 1.7-acre prime development site in the Heart of Sechelt. Zoned C4 (Downtown Centre), this high exposure parcel offers unparalleled flexibility for institutional scale projects. Under OCP Bylaw 492-35, capitalize on a 2.4-2.8 FSR and 6 storey height allowance for diverse uses including Luxury Multi-family Condos, Mixed-Use Residential, a Boutique Hotel, or a 240-unit Seniors' Campus of Care. Strategically located within the primary commercial core, this site qualifies for the Secured Rental Incentive and CMHC MLI Select ,Gold Tier financing (95% LTC, 50-yr amortization). Efficient podium-style parking potential minimizes excavation. Seize the defining development opportunity of the Sunshine Coast. (id:62865)

Property Information

Status

Active

Property Type

Vacant Land

Annual Tax

$64,190

Tax Year

2025

Data Source

Greater Vancouver REALTORS®

Exterior & Lot

Lot Size

72099.0 sqft

Building & Utilities

Sewer

Storm sewer

Utilities

WaterSewerNatural GasElectricityCableTelephone

$5,300,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
Listing Courtesy of

Office

Sotheby's International Realty Canada

Mortgage Calculator
$1,060,000

Loan Amount:

$4,240,000

Estimated Monthly Payment:

$20,662

This is an estimate for informational purposes only. Consult with a financial advisor.