BCHomez.com Logo

BCHomez.com

Favorites

5759 TEREDO STREET, Sechelt

MLS® #R3102110
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 and aligns with Shíshálh Nation archaeological protocols. Seize the defining development opportunity of the Sunshine Coast. (id:62865)

Property Information

Status

Active

Property Type

Vacant Land

Ownership

Freehold

Annual Tax

$64,190

Parcel Number

009-974-075

Data Source

Greater Vancouver REALTORS®

Exterior & Lot

Lot Size

1.66 acres

Frontage

659.0 feet

Lot Features

Central location

Community Features

Golf Course Development

$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.