5759 Teredo Street
Sechelt District, Sunshine Coast
$5,300,000
About this Land
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 and aligns with Shíshálh Nation archaeological protocols. Seize the defining development opportunity of the Sunshine Coast.
Listed by Sotheby's International Realty Canada.
Features
| MLS® | R3102110 |
| Type | Land |
| Lot Size | 72,099 sqft |
| Frontage | 659.00 ft |
| Taxes | $64190.13 |
There are currently 41 other Lands
in Sechelt District for sale.
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Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
