Property Type: Land / Lot

5759 TEREDO STREET

Sechelt, BC V0N3A0

$4,788,000

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Amenities

Also listed: Street Lighting

Property Details

Property & Lot

Lot size
72,099 square feet

C4

Ownership & Fees

Property type
Land / Lot
Annual property tax
$64,190.13 (2025)

Interior

Fireplace
None

Listing Information

MLS®
C8077283
Listed
March 24, 2026
Time on market
On the market for 161 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

COURT ORDERED SALE. Rare 1.7-acre prime development site in the Heart of Sechelt. Zoned C4 (Downtown Centre), this high exposure parcel offers unparalleled flexibility for institutional scale projects. Under OCP Bylaw 492-35, capitalize on a 2.4-2.8 FSR and 6 storey height allowance for diverse uses including Luxury Multi-family Condos, Mixed-Use Residential, a Boutique Hotel, or a 240-unit Seniors' Campus of Care. Strategically located within the primary commercial core, this site qualifies for the Secured Rental Incentive and CMHC MLI Select ,Gold Tier financing (95% LTC, 50-yr amortization). Efficient podium-style parking potential minimizes excavation. SHAPE THE FUTURE OF SECHELT. This isn't just a plot of land...it's the next chapter in downtown Sechelt's story. Don't miss the opportunity to develop a landmark project just steps from the beautiful shoreline of Trail Bay with front-row access to all major amenities. A "Gold" walk-score. Contact your realtor for a full infomation pkg. (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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

85

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 PacifiqueElementary437 m
Chatelech SecondaryElementary635 m
Secondaire ChatelechSecondary635 m
Kinnikinnick ElementaryElementary2.5 km
West Sechelt ElementaryElementary3.0 km
Davis Bay ElementaryElementary4.1 km
Halfmoon Bay ElementaryElementary9.1 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+)

  • Pizza Hut · 5760 Teredo Street81 m
  • Shift Kitchen Tapas Bar · 5760 Teredo Street88 m
  • Twenty Two Taphouse · 5770 Teredo Street117 m
  • Pebbles Restaurant152 m
  • Saffron Restaurant159 m

Cafes (5+)

  • Trail Bay Cafe148 m
  • Flying Saucers · 5755 Cowrie Street153 m
  • Middlechild · 5641 Cowrie Street414 m
  • The Bakery467 m
  • The Daily Roast · 5580 Wharf Road632 m

Grocery (1)

  • Claytons Heritage Market140 m

Parks (2)

  • Snickett Park334 m
  • Hackett Park445 m

Shopping (1)

  • Unnamed124 m

Gyms (1)

  • Coast Flow Yoga · 5755 Cowrie Street117 m

Pharmacies (4)

  • I.D.A. · 5755 Cowrie Street126 m
  • Cowrie Pharmacy239 m
  • Guardian399 m
  • Sechelt Pharmacy · 5648 Dolphin Street541 m

Banks & ATMs (4)

  • RBC · 5760 Teredo Street66 m
  • HoneyBadger Bitcoin ATM · 5740 Teredo St122 m
  • Sechelt & District Chamber of Commerce146 m
  • Scotiabank · 5710 Teredo Street270 m

Nearby places data: © OpenStreetMap contributors.

School district: Sunshine Coast (SD46)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($957,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,830,400.00
Periodic payment — Principal & Interest (monthly)$24,712.44
Additional monthly expenses (strata, tax, utilities, etc.)$5,349.18
Total monthly cost$30,061.62
Interest paid over 5-yr term$1,097,803.65
Balance at end of term$3,445,457.19

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$957,600
Stress test qualifying rate8.09%
Payment you must qualify for$29,454.44

Cash Needed at Closing

Minimum down payment$957,600
Estimated BC PTT$157,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,116,500

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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