50,529 sqft lot
Freehold NonStrata
RM1 zone
Public remarks
Turnkey Development Opportunity in Downtown Sechelt. An exceptional opportunity awaits in the heart of Sechelt with this prime development property—fully approved and ready to build. A Development Permit (DP) is already in place for 20 contemporary townhomes, making this a rare, low-barrier entry for investors and developers alike. The approved plans feature a well-balanced mix of 1-bedroom + den, 2-bedroom, and 3-bedroom units, ranging from 722 to 1,300 sq. ft., thoughtfully designed to appeal to a wide range of buyers. Significant progress has already been made, with foundations poured for 8 units and underground parking infrastructure in place—saving both time and upfront costs. Located within easy, level walking distance to the marina, shopping, transit, parks, restaurants, and more.
Private remarks
Phase 7 of the strata plan included in this package is a completed DP for 20 townhomes - approved and ready to go. The adjacent property is also for sale with the town supporting a rental purpose building for Phase 8 - clear title and released from the strata plan. All measurements from lot plan are approx. buyer to verify. DOUBLE EXPOSURE C8068257
Buyer agency compensation
1.2% of total purchase price.
$2,500,000
Active
Listed
04/08/2025
Expiry date
Original price
Gross taxes (2024)
$6,678.14
Property transfer tax
$53,000.00
Last Updated: 04/10/2025 01:05 PM
Courtesy of Sutton Group-West Coast Realty
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 5711 Ebbtide Street | R2987894 | 04/10/2025 01:05 PM | 04/08/2025 | Active | $2,500,000 | Login to view | Grant Marshall PREC* | Sutton Group-West Coast Realty |
| A 5711 Ebbtide Street | R2922381 | 04/01/2025 01:13 AM | 09/05/2024 | Expired | $2,500,000 | Login to view | Sotheby's International Realty Canada |