5759 Teredo Street
Land for sale in Sechelt — $5,300,000
Key facts
- Type: Land
- Price: $5,300,000
- Lot: 72,099 sq ft
- City: Sechelt
- MLS® number: R3102110
- Agent: Century 21
- Brokerage: Century 21 Canada
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 and aligns with Shíshálh Nation archaeological protocols. Seize the defining development opportunity of the Sunshine Coast.