5759 Teredo Street, Sechelt Property Listing: MLS® #C8077283

About 5759 Teredo Street

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:36535)

Features of 5759 Teredo Street

Listing #	C8077283
Price	$4,588,000
Bathrooms	0.00
Acres	1.66
Type	Vacant Land

Community Information

Address	5759 Teredo Street
City	Sechelt
Province	British Columbia
Postal Code	V0N3A0

Amenities

Amenities	Street Lighting
Utilities	Cable, Electricity, Natural Gas, Sewer, Telephone, Water
Is Waterfront	No
Has Pool	No

Interior

Fireplace	No
Has Basement	No

Listing Details

Office	Courtesy Of Sotheby's International Realty Canada