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5759 TEREDO STREET

Sechelt, BC, V0N3A0

Listed by Sotheby's International Realty Canada

$4,588,000

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Listed 212 days ago · MLS® C8077283

About this home

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. (id:66966)

Details

Type
Vacant Land
Property tax
$64,190 (2025)
Municipality
Sechelt

Interior

Fireplace
No

Heating, cooling and services

Water and sewer
Storm sewer

Location

Location is approximate. See nearby homes on the map

Listed by Sotheby's International Realty Canada.

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