5759 TEREDO STREET
Sechelt, British Columbia, V0N3A0
For Sale | $5,300,000
Key facts
- Property type: Vacant Land
- Transaction: For Sale
- Price: $5,300,000
- Lot size: 72099
- Listing key: 29506668
Listing overview
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-r...
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