
Courtesy of: Chris Moore, Crosby Moore Team, Sotheby's International Realty Canada
$5,300,000
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Vacant Land
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$5,300,000
5759 TEREDO STREET 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. Seize the defining development opportunity of the Sunshine Coast. (id:203)