Commercial Land for sale
Parcel a 5711 Ebbtide Street, Sechelt District, Sechelt
$2,500,000
Features
Lot Size
26,572 sqft
Gross Property Tax
$4,630.03 /year
Zoning
RM-1
Permitted Land Use
Multifamily (5+)
Water Supply
Municipal
Sewer/Septic
Municipal/Community
Description
Investor Alert! Prime Development Opportunity in the Heart of Sechelt. This exceptional property comes with a Development Permit (DP) in place for 20 modern townhomes, making it a rare find for savvy investors. The approved DP includes a mix of 1-bedroom + den, and 2- to 3-bedroom units, ranging from 722 sq. ft. to 1,300 sq. ft., perfectly designed to cater to a variety of buyers. Foundations are already in place for 8 units, along with underground parking, adding immense value to the project. This property is centrally located, within a level walk to the Senior's Centre, transportation, marina, pub, shopping, parks, and all amenities in downtown Sechelt. Located within walking distance to all of Sechelt's amenities, this is an ideal location for future homeowners and renters alike. Don't miss out on this ready-to-go development opportunity in the heart of downtown Sechelt! (The adjacent property is also available with no strata restrictions).
MLS® Number C8062765