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5759 Teredo Street
Sechelt District Sechelt V0N 3A0

$5,300,000
Land Commercial

Aerial overview of property's location with property boundaries highlighted and a large body of water
Photo 1: 5759 Teredo Street in Sechelt: Sechelt District Land Commercial for sale (Sunshine Coast)  : MLS®# C8077283
Photo 2: 5759 Teredo Street in Sechelt: Sechelt District Land Commercial for sale (Sunshine Coast)  : MLS®# C8077283
Photo 3: 5759 Teredo Street in Sechelt: Sechelt District Land Commercial for sale (Sunshine Coast)  : MLS®# C8077283
Photo 4: 5759 Teredo Street in Sechelt: Sechelt District Land Commercial for sale (Sunshine Coast)  : MLS®# C8077283
Photo 5: 5759 Teredo Street in Sechelt: Sechelt District Land Commercial for sale (Sunshine Coast)  : MLS®# C8077283
Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8077283
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.
Sale Type:
Asset
Ownership:
Other
Property Type:
Land Commercial
Subject Property Depth:
109'
Subject Property Width:
659'
Lot Area:
1.7 acre(s)
Acres Freehold:
1.7 acre(s)
Current Use:
Mixed Use
Zoning:
Potential to Redevelop:
See Listing Realtor comments, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Services Connected:
Cable at Lot Line, Electricity at Lot Line, Natural Gas at Lot Line, High Speed Internet at Lot Line, See Remarks, Street Lighting, Sanitary sewer at LotLine, Phone Service at Lot Line, City Water at Lot Line
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Env Assmt Comment:
Phase 1 conducted in 2021, no on-site/off-site APEC's. No further investigation req'd at that time
Parcel Number:
009974075
Taxes:
$64,190.13 / 2025
No
Yes
Water Supply:
Public, City Water at Lot Line
Water Rights:
No
Roof:
Potential to Redevelop:
See Listing Realtor comments, No
Env Assmt Phase:
Yes
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 5759 Teredo Street in Sechelt: Sechelt District Land Commercial for sale (Sunshine Coast)  : MLS®# C8077283
    Aerial overview of property's location with property boundaries highlighted and a large body of water
  • Photo 2: 5759 Teredo Street in Sechelt: Sechelt District Land Commercial for sale (Sunshine Coast)  : MLS®# C8077283
    Aerial view of a large body of water and a forest
  • Photo 3: 5759 Teredo Street in Sechelt: Sechelt District Land Commercial for sale (Sunshine Coast)  : MLS®# C8077283
    Aerial overview of property's location featuring a large body of water and property parcel outlined
  • Photo 4: 5759 Teredo Street in Sechelt: Sechelt District Land Commercial for sale (Sunshine Coast)  : MLS®# C8077283
    Water view with mountains
  • Photo 5: 5759 Teredo Street in Sechelt: Sechelt District Land Commercial for sale (Sunshine Coast)  : MLS®# C8077283
    Aerial view of property and surrounding area featuring a water and mountain view
Listed by Sotheby's International Realty Canada
Data was last updated March 28, 2026 at 07:40 AM (UTC)
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