Property Type: Condo / ApartmentOwnership: Strata

206 5711 MERMAID STREET

Sechelt, BC V7Z0J6

$419,900

2 bed1 bath1 parking1,002 sqftBuilt 1994
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$522/mo
Annual property tax
$3,887.23 (2024)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Visitor Parking

Restrictions & Policies

Pets
Allowed with restrictions
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®
R3084684
Listed
January 29, 2026
Time on market
On the market for 214 days
Tax assessment year
2024
Data last synced
August 28, 2026

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

Description

Bright, spacious, south facing, two bedroom, one bathroom condo ideally located within easy walking distance to all the amenities and recreation downtown Sechelt has to offer. Features include a well laid out kitchen open to the living room, a cozy gas fireplace, a separate dining area and in-suite laundry. A covered sundeck also extends the living space, perfect for year-round enjoyment. The primary bedroom offers ample closet space and direct access to the main bathroom. This condo also comes with a storage locker and a parking stall. The hot water tank has been recently replace. "Mermaid Place" has an elevator, is a 55+ building, allows rentals and welcomes pets with restrictions. (id:63159)

Values & Trends

This listing

$419/sqft

Building average

$472/sqft

1 active listing(s)

Sechelt average

$536/sqft

22 active listing(s)

Parking: 1 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

78

8/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
du PacifiqueElementary466 m
Chatelech SecondaryElementary781 m
Secondaire ChatelechSecondary781 m
Kinnikinnick ElementaryElementary2.4 km
West Sechelt ElementaryElementary3.2 km
Davis Bay ElementaryElementary4.2 km
Halfmoon Bay ElementaryElementary9.2 km
Roberts Creek ElementaryElementary10.0 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.

Nearby Places

Restaurants (5+)

  • Run With Soup · 5688 Cowrie Street52 m
  • Coastal Crust Pizzeria · 5685 Cowrie Street103 m
  • PKLS Burgers · 5666 Cowrie Street114 m
  • Ty’s Fine Foods and Bistro · 5500 Trail Avenue128 m
  • el segundo142 m

Cafes (5+)

  • Flying Saucers · 5755 Cowrie Street164 m
  • Trail Bay Cafe226 m
  • Middlechild · 5641 Cowrie Street227 m
  • The Bakery280 m
  • The Daily Roast · 5580 Wharf Road337 m

Grocery (1)

  • Claytons Heritage Market262 m

Parks (3)

  • Hackett Park272 m
  • Osborne Park546 m
  • Snickett Park618 m

Shopping (1)

  • Unnamed217 m

Gyms (1)

  • Coast Flow Yoga · 5755 Cowrie Street200 m

Pharmacies (4)

  • Cowrie Pharmacy99 m
  • Guardian118 m
  • I.D.A. · 5755 Cowrie Street186 m
  • Sechelt Pharmacy · 5648 Dolphin Street235 m

Banks & ATMs (5+)

  • Scotiabank · 5710 Teredo Street182 m
  • HoneyBadger Bitcoin ATM · 5740 Teredo St191 m
  • Sechelt & District Chamber of Commerce197 m
  • RBC · 5760 Teredo Street289 m
  • TD771 m

Nearby places data: © OpenStreetMap contributors.

School district: Sunshine Coast (SD46)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($20,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$335,920.00
Periodic payment — Principal & Interest (monthly)$2,167.24
Additional monthly expenses (strata, tax, utilities, etc.)$895.61
Total monthly cost$3,062.85
Interest paid over 5-yr term$96,275.64
Balance at end of term$302,161.13

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$20,995
Stress test qualifying rate8.09%
Payment you must qualify for$3,067.44

Cash Needed at Closing

Minimum down payment$20,995
Estimated BC PTT$6,398
Legal / closing costs (typical estimate)$1,500
Total cash needed$28,893

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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