5759 TEREDO STREET
Property Details
V0N3A0
Vacant Land
Description
MLS®: R3102110 Type: Vacant Land Ownership: Freehold Lot Size: 1.66 ac Postal Code: V0N3A0
Brokerage: Sotheby's International Realty Canada Agent: Chris Moore
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. (32601203)
Location
Address
5759 TEREDO STREET
City
Sechelt
Features and Finishes
None
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