5759 Teredo Street Sechelt, British Columbia V0N 3A0

Acreage

$5,300,000

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:63476)

Property Details

MLS® Number C8077283
Property Type Vacant Land
Communication Type Internet Access
Farm Type Mixed

Building

Amenities Street Lighting

Land

Acreage Yes
Sewer Storm Sewer
Size Irregular 72099
Size Total 72099 Sqft
Size Total Text 72099 Sqft
Zoning Description C4

Utilities

Cable At Lot Line
Electricity At Lot Line
Natural Gas At Lot Line
Sewer Available
Telephone At Lot Line
Water At Lot Line

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