FlatKey Realty Ltd. · Licensed B.C. real estate brokerage · Tom Majek Personal Real Estate Corporation, Managing Broker
$4,588,000

5759 TEREDO Street, Sechelt V0N3A0

Detached
Listed by: Sotheby's International Realty Canada.
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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:66934)

Location

Approximate location supplied by the listing data provider.

Features

Annual Taxes: $64,190
Lot Size: 72099.0

Property Details

Property Type Detached
Sub Type Vacant Land
Lot Size 72,099 sq ft
Listing ID C8077283

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