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5759 Teredo Street
Sechelt District Sechelt V0N 3A0

$5,300,000
Land

Aerial overview of property's location with property boundaries highlighted and proximity to ocean.
Photo 1: 5759 Teredo Street in Sechelt: Sechelt District Land for sale in "Development Opportunity" (Sunshine Coast)  : MLS®# R3102110
Photo 2: 5759 Teredo Street in Sechelt: Sechelt District Land for sale in "Development Opportunity" (Sunshine Coast)  : MLS®# R3102110
Photo 3: 5759 Teredo Street in Sechelt: Sechelt District Land for sale in "Development Opportunity" (Sunshine Coast)  : MLS®# R3102110
Photo 4: 5759 Teredo Street in Sechelt: Sechelt District Land for sale in "Development Opportunity" (Sunshine Coast)  : MLS®# R3102110
Photo 5: 5759 Teredo Street in Sechelt: Sechelt District Land for sale in "Development Opportunity" (Sunshine Coast)  : MLS®# R3102110
Status:
Active
Prop. Type:
Land
MLS® Num:
R3102110
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.
Property Type:
Land
Ownership:
Freehold NonStrata
Manufactured Type:
Floor Area - Unfinished:
Floor Area - Detached 2nd Residence:
Rainscreen:
Bathrooms:
- (Full:-/Half:-)
Kitchens:
Rooms:
Taxes:
$64,190.13 / -
Lot Area:
1.66 acre(s)
Lot Frontage:
659'
Lot Details:
659 x 109
Exposure / Faces:
Rear Yard Exposure:
Pad Rental:
# or % of Rentals Allowed:
Water Supply:
Plan:
VAP8663, 11953
Name of Complex/Subdivision:
Development Opportunity
Development Status:
No Building Permit Approved, Development Permit Not Available
Foundation:
Basement:
Full Height:
Crawl Height:
Roof:
Building Plans:
Not Available
Info Package Avail.:
Yes
Floor Finish:
Floor Area Fin - Above Grade:
Floor Area Fin - Below Main:
Floor Area Fin - Below Grade:
Floor Area Fin - Basement:
Heating:
Parking Features:
Side Access
# Of Parking Spaces - Total:
# Of Covered Spaces:
Flood Plain:
Suite:
Golf, Near Shopping
Council Approval:
Income Per Annum:
Oper. Expenses:
Net Operating Income:
Age Restrictions:
No
Dist to Public Trans:
Dist to School Bus:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
Home Owners Association:
No
Previous Price:
Original Price:
Land Lease:
No
Zoning:
Access to property:
Utilities:
Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas Nearby, Phone Nearby, Cable Available
Telephone Service:
Electricity:
No
Fencing:
Plumbing Details:
Sketch Attached:
Restrictions:
  • Photo 1: 5759 Teredo Street in Sechelt: Sechelt District Land for sale in "Development Opportunity" (Sunshine Coast)  : MLS®# R3102110
    Aerial overview of property's location with property boundaries highlighted and proximity to ocean.
  • Photo 2: 5759 Teredo Street in Sechelt: Sechelt District Land for sale in "Development Opportunity" (Sunshine Coast)  : MLS®# R3102110
    Aerial view
  • Photo 3: 5759 Teredo Street in Sechelt: Sechelt District Land for sale in "Development Opportunity" (Sunshine Coast)  : MLS®# R3102110
    Photo 3 of 5
  • Photo 4: 5759 Teredo Street in Sechelt: Sechelt District Land for sale in "Development Opportunity" (Sunshine Coast)  : MLS®# R3102110
    Photo 4 of 5
  • Photo 5: 5759 Teredo Street in Sechelt: Sechelt District Land for sale in "Development Opportunity" (Sunshine Coast)  : MLS®# R3102110
    Photo 5 of 5
Listed by Sotheby's International Realty Canada
Data was last updated March 21, 2026 at 04:10 AM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$490,000
Min list price:
$225,000
Max list price:
$14,500,000
Avg days on market:
154
Min days on market:
3
Max days on market:
683
These statistics are generated based on the current listing's property type and located in Sechelt District. Average values are derived using median calculations. This data is not produced by the MLS® system.
Rhonda Gossip
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