Property Type: Land / Lot

10113 10131 MERCER ROAD

Halfmoon Bay, BC V7Z1B7

$4,250,000

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Property Details

Property & Lot

Lot size
803,246 square feet

CD3

Ownership & Fees

Property type
Land / Lot
Annual property tax
$32,457.83 (2025)

Interior

Fireplace
None

Listing Information

MLS®
C8078177
Listed
April 23, 2026
Time on market
On the market for 130 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal LePage Sussex · Data source: CREA DDF.

Description

Incredible development opportunity or estate property in the heart of Secret Cove. Comprising 3 separate properties & situated on 18.44 acres in one of the most beautiful natural settings in the area, the offering includes Latitude 49 Marina, an existing 4,000 sq.ft. home, South-West ocean views and complete privacy. The incredibly rare zoning, CD-3, allows for 52 dwelling units featuring a mix of free standing homes and duplexes complimented by higher density units. This presents the opportunity to create a community of recreational getaway or full time homes, potentially offering all residents private moorage. The marina provides year round, deep water moorage and has many recent upgrades. This is one of the last large development parcels on the Sunshine Coast. (id:63159)

Location Insights

Weather

Nearest station: Sechelt

13°C

Humidity 87%

Wind N 4 km/h

Tonight

13°

Tuesday

20°

Tuesday night

14°

Wednesday

17°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Halfmoon Bay ElementaryElementary8.8 km
Madeira Park ElementaryElementary10.0 km
Pender Harbour Elem-SecondaryK-1211.4 km
West Sechelt ElementaryElementary14.1 km
Kinnikinnick ElementaryElementary15.0 km
Secondaire ChatelechSecondary16.3 km
Chatelech SecondaryElementary16.3 km
du PacifiqueElementary16.6 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Sunshine Coast (SD46)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($850,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,400,000.00
Periodic payment — Principal & Interest (monthly)$21,935.65
Additional monthly expenses (strata, tax, utilities, etc.)$2,704.82
Total monthly cost$24,640.47
Interest paid over 5-yr term$974,449.77
Balance at end of term$3,058,311.00

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$850,000
Stress test qualifying rate8.09%
Payment you must qualify for$26,144.81

Cash Needed at Closing

Minimum down payment$850,000
Estimated BC PTT$130,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$982,000

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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