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C$4,588,000

5759 TEREDO STREET, Sechelt British Columbia, V0N3A0

Lot size1.66 Acres
Property typeLand
Courtesy of Chris Moore with Sotheby's International Realty Canada

Overview

Active

Listed Mar 24, 2026

Updated 11 days ago

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. SHAPE THE FUTURE OF SECHELT. This isn't just a plot of land...it's the next chapter in downtown Sechelt's story. Don't miss the opportunity to develop a landmark project just steps from the beautiful shoreline of Trail Bay with front-row access to all major amenities. A "Gold" walk-score. Contact your realtor for a full infomation pkg. (id:41202)

Other Property Details

Taxes
$64,190
Tax Frequency
Annually

Courtesy of Chris Moore with Sotheby's International Realty Canada

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