5759 TEREDO STREET, Sechelt
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)
Status
Active
Property Type
Vacant Land
Annual Tax
$64,190
Tax Year
2025
Data Source
Greater Vancouver REALTORS®
Lot Size
72099.0 sqft
Sewer
Storm sewer
Utilities
$5,300,000
Office
Sotheby's International Realty Canada
Loan Amount:
$4,240,000
Estimated Monthly Payment:
$20,662
This is an estimate for informational purposes only. Consult with a financial advisor.
Similar Listings
$5,300,000
5759 TEREDO STREET
Sechelt
Vacant Land
$5,495,000
LOT C SUNSHINE COAST HIGHWAY
Sechelt
Vacant Land
$5,999,000
5396 BURNETT ROAD
Sechelt
Vacant Land
$599,900
6014 SILVERSTONE LANE
Sechelt
Vacant Land