5759 Teredo ST, Sechelt, BC V0N 3A0
5759 Teredo ST, Sechelt, BC V0N 3A0
5759 Teredo ST, Sechelt, BC V0N 3A0
5759 Teredo ST, Sechelt, BC V0N 3A0
5759 Teredo ST, Sechelt, BC V0N 3A0
5759 Teredo ST, Sechelt, BC V0N 3A0
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$ 5,300,000
Est. payment | /mo

1.7 Acres Lot


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$ 5,300,000
Est. payment | /mo
Save

1.7 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type Asset

MLS Listing ID C8077283

Lot Size 1.700 Acres

Property Description

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.

Location

Province BC

Community Sechelt District

Area Sunshine Coast

Zoning C4

Exterior

Utilities Available Cable at Lot Line, Electricity at Lot Line, Natural Gas at Lot Line, High Speed Internet at Lot Line, See Remarks, Street Lighting, Sanitary sewer at LotLine, Phone Service at Lot Line, City Water at Lot Line

Building

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water Public, City Water at Lot Line

Others

Restrictions Call Listing Agent

Ownership Other

REBGV/FVREB/Chilliwack (Commercial VOW)
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5759 Teredo ST