Property Type: OtherOwnership: Leasehold

20 5288 SELMA PARK ROAD

Sechelt, BC V7Z0C2

$179,000

2 bed1 bath2 parking816 sqftBuilt 1974
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Property Details

Ownership & Fees

Property type
Other
Ownership
Leasehold
Annual property tax
$836.69 (2023)

Interior

Heating
Electric
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
2 — uncovered indicated
Features
RV

Restrictions & Policies

Age / occupancy
Adult-oriented (no young children)

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3133461
Listed
June 8, 2026
Time on market
On the market for 84 days
Tax assessment year
2023
Data last synced
August 28, 2026

Listing provided by: RE/MAX City Realty · Data source: CREA DDF.

Description

Best Deal on the Coast! Renovated 2 bedroom home in a lovely community on Selma Park Road. The best of all worlds with gorgeous trees around yet still has lots of light and even some view of the ocean. Lots of upgrades, including newer fridge, dryer, washing machine, partially newly painted, with laminate flooring throughout, parking for 2 cars, and a ramp for easy access. Selma Park is perfectly located on a quiet no through street, close to the bus, with fabulous Chapman Creek hiking trails down the block and Davis Bay beach, and downtown Sechelt 3 minutes away. This is a smaller, well-run, adult park that is quiet and safe. What a great option to get into the market affordably, or downsize and save your money, and start enjoying Coast life! (id:63159)

Values & Trends

This listing

$219/sqft

Building average

No other active listings in this building

Sechelt average

$363/sqft

10 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

16°C

Humidity 83%

Wind NW 5 km/h

Tonight

13°

Tuesday

20°

Tuesday night

14°

Wednesday

17°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

10,847

(2021 Census)

+6.2% since 2016

Density: 278/km²

Dwellings: 5,738

Median household income: $73,500

After-tax: $66,000

Immigrant population: 22.7%

Top countries of origin (% of total population)

  • United Kingdom5.6% · 605
  • Philippines2.4% · 265
  • United States of America2.3% · 245
  • Germany1.5% · 160
  • India0.7% · 80
  • Viet Nam0.7% · 75
  • South Africa, Republic of0.6% · 60
  • China0.5% · 55

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
du PacifiqueElementary2.3 km
Chatelech SecondaryElementary2.5 km
Secondaire ChatelechSecondary2.5 km
Davis Bay ElementaryElementary2.6 km
Kinnikinnick ElementaryElementary4.1 km
West Sechelt ElementaryElementary4.9 km
Roberts Creek ElementaryElementary8.2 km
Halfmoon Bay ElementaryElementary11.0 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: 5.0% ($8,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$143,200.00
Periodic payment — Principal & Interest (monthly)$923.88
Additional monthly expenses (strata, tax, utilities, etc.)$110.72
Total monthly cost$1,034.60
Interest paid over 5-yr term$41,041.53
Balance at end of term$128,808.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$8,950
Stress test qualifying rate8.09%
Payment you must qualify for$1,307.62

Cash Needed at Closing

Minimum down payment$8,950
Estimated BC PTT$1,790
Legal / closing costs (typical estimate)$1,500
Total cash needed$12,240

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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