5080 SUNSHINE COAST HIGHWAY, Sechelt
$1,149,000
This 64,904.4 sqft property in Sechelt is a detached single-family home on a lot the new rules make suitable for a multiplex. Under BC's Bill 44 small-scale housing rules, most single-family lots in Metro Vancouver now allow at least three to four homes, and lots near frequent transit can allow up to six. Confirm the exact number for this lot against the city's own zoning.
INVESTMENT OPPORTUNITY! The property is accessed by a long driveway, setting it well back from the road insuring privacy. The house underwent extensive renovations eight years ago, with recent upgrades including a new metal roof, hot tub, appliances and hot water tanks.Large windows provide abundant natural light on both levels.The six-bedroom, two-bathroom suited house offers potential rental income or extended family use. The property is well treed with mature timber, giving one the sense of truly living on the West Coast. There is a detached workshop with a 220 amp service and a detached building for storage.The zoning and existing improvements create strong revenue potential and offer excellent possibilities, including a second home or subdivision.
How this price compares
This lot asks $18 per square foot of lot. That is 77% below the median of $77 across the 40 active lots VanPlex is showing in Sechelt, and puts it 5 of 40 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $1,149,000
- Lot size
- 64,904.4 sqft
- Bedrooms
- 6
- Bathrooms
- 2
- Year built
- 1974
- MLS® area
- Sechelt District
- MLS® number
- R3093053
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Listing data via MLS®. Displayed for information only.