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.
Address
5759 Teredo Street
List Price
$5,300,000
Property Type
Land
Type of Dwelling
Land
Structure Type
Land Only
Transaction Type
Sale
Area
Sunshine Coast
Sub-Area
Sechelt District
Lot Size
72099 Sq. Ft.
Lot Size Dimensions
659 x 109
Lot Size (Acres)
1.66 Ac.
Lot Features
Central Location, Marina Nearby, Recreation Nearby
Lot Size Units
Acres
Frontage Length
659
MLS® Number
R3102110
Listing Brokerage
Sotheby's International Realty Canada
Postal Code
V0N 3A0
Zoning
C-4
Ownership
Freehold NonStrata
Parking
Side Access
Tax Amount
$64,190.13
Site Influences
Central Location, Golf, Marina Nearby, Near Shopping, Recreation Nearby
Community Features
Golf, Near Shopping
Board Or Association
Greater Vancouver
Subdivision Name
Development Opportunity
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