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. (id:44056)

Property Details

Full Address:
5759 TEREDO STREET, Sechelt, British Columbia
Price:
$ 5,300,000
MLS Number:
C8077283
List Date:
March 24th, 2026
Lot Size:
72099 sq.ft.
Taxes:
$ 64,190
Listing Tax Year:
2025

Interior Features

Interior Features:
Street Lighting

Building Features

Sewer:
Storm sewer
Taxes:
$ 64,190

Floors

Land

Lot Size:
72099 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Chris Moore
Sotheby's International Realty Canada
Co-Listing: June Crosby-Moore
Sotheby's International Realty Canada

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