5759 TEREDO STREET
Sechelt, British Columbia
MLS® C8077283
$4,788,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- C8077283
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 8Listing 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.
Property summary
- MLS® number
- C8077283
- Property type
- Vacant Land
- Land size
- 72099 square feet
- Annual property taxes
- $64,190.13
- Days on market
- 157 days
What would this home cost you?
Based on the $4,788,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Sotheby's International Realty Canada, West Vancouver.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.