Property Type: Land / Lot

5396 BURNETT ROAD

Sechelt, BC V7Z0L2

$5,499,000

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Property Details

Property & Lot

Lot size
1,463,616 square feet

RES

Ownership & Fees

Property type
Land / Lot
Annual property tax
$9,702.46 (2023)

Interior

Fireplace
None

Listing Information

MLS®
C8062313
Listed
August 16, 2024
Time on market
On the market for 745 days
Tax assessment year
2023
Data last synced
August 28, 2026

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

Description

33.6 Acres!! Investor's and Developer's alert!! This is the huge subdivision lot for 78 ocean view detached houses, or a huge rezoning lot, for up to 300+ townhouses, really a astonishing project to develop. This is the largest and rarely available whole piece development property in Sechelt and Sunshine Coast!! Great potential development and future value. Don't miss it!!! (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Sechelt average

$287/sqft

2 active listing(s)

Parking: Not indicatedStorage 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

13°C

Humidity 91%

Wind NNW 6 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
Kinnikinnick ElementaryElementary2.9 km
du PacifiqueElementary3.7 km
Secondaire ChatelechSecondary4.0 km
Chatelech SecondaryElementary4.0 km
West Sechelt ElementaryElementary5.4 km
Davis Bay ElementaryElementary6.7 km
Halfmoon Bay ElementaryElementary10.8 km
Roberts Creek ElementaryElementary11.3 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% ($1,099,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$4,399,200.00
Periodic payment — Principal & Interest (monthly)$28,382.15
Additional monthly expenses (strata, tax, utilities, etc.)$808.54
Total monthly cost$29,190.68
Interest paid over 5-yr term$1,260,823.37
Balance at end of term$3,957,094.63

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,099,800
Stress test qualifying rate8.09%
Payment you must qualify for$33,828.31

Cash Needed at Closing

Minimum down payment$1,099,800
Estimated BC PTT$192,950
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,294,250

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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