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$ 5,300,000
Est. payment /mo
Active
5759 Teredo ST Sechelt, BC V0N 3A0
1.7 Acres Lot
UPDATED:
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
