Property Type: Detached HouseOwnership: Freehold

5007 LAUREL AVENUE

Sechelt, BC V7Z0B9

$992,000

2 bed2 bath4 parking1,738 sqftBuilt 1988
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Property Details

Property & Lot

Sub-type
House
Lot size
11,761 square feet
Frontage
75 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,653.99 (2024)

Interior

Basement
Crawl space, Unknown, Unknown
Heating
Baseboard heaters, Electric, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
View

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3110122
Listed
April 11, 2026
Time on market
On the market for 142 days
Tax assessment year
2024
Data last synced
August 28, 2026

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

Description

Panoramic ocean views define this renovated Davis Bay rancher. Enjoy a private, covered ocean-view deck with hot tub-ideal for coffee, sunset evenings, or stargazing. The spacious living room is perfect for entertaining, while the updated kitchen offers generous counter space, floor-to-ceiling pantry storage, and a seating area. Primary bedroom captures beautiful views, opens to the deck, and features an ensuite with walk-in shower. Upgrades include newer roof and windows, hot water tank, and AC/heat pump for year-round comfort. Fully fenced yard includes mature fruit trees, raised beds, and irrigation. Ample parking for multiple vehicles, RV, and boat. Crawlspace & double garage provide excellent storage or workshop space. Excellent location close to beaches, in a quiet neighbourhood. (id:63159)

Values & Trends

This listing

$571/sqft

Building average

No other active listings in this building

Sechelt average

$613/sqft

96 active listing(s)

Parking: 4 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
Davis Bay ElementaryElementary1.3 km
du PacifiqueElementary3.4 km
Chatelech SecondaryElementary3.5 km
Secondaire ChatelechSecondary3.5 km
Kinnikinnick ElementaryElementary5.3 km
West Sechelt ElementaryElementary5.8 km
Roberts Creek ElementaryElementary7.1 km
Halfmoon Bay ElementaryElementary11.7 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: 7.5% ($74,200) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$793,600.00
Periodic payment — Principal & Interest (monthly)$5,120.04
Additional monthly expenses (strata, tax, utilities, etc.)$558.17
Total monthly cost$5,678.20
Interest paid over 5-yr term$227,448.04
Balance at end of term$713,845.77

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$74,200
Stress test qualifying rate8.09%
Payment you must qualify for$7,057.56

Cash Needed at Closing

Minimum down payment$74,200
Estimated BC PTT$17,840
Legal / closing costs (typical estimate)$1,500
Total cash needed$93,540

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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