5707 MEDUSA STREET, Sechelt
$629,000
This 8,052 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.
Charming 3 bed, 2 bath rancher in the heart of Sechelt, just a short walk to shops, the seniors centre, art gallery, and everyday amenities. This single-level home offers easy living and includes two detached sheds for added storage and a partially fenced backyard. Zoned R4, the property presents excellent future potential. Density is limited to the following housing combinations: Single Detached Dwelling with a Secondary Suite +2 Detached Accessory Dwelling, 2 Duplexes or one Duplex with one secondary suite in each unit, Triplex plus one Detached Accessory Dwelling Unit, Fourplex, 4 townhouses, Cottage court with four small, detached dwelling units (buyer to verify). A great opportunity for investors, developers, or those seeking a centrally located home with long-term upside.
How this price compares
This lot asks $78 per square foot of lot. That is about the same as the median of $77 across the 40 active lots VanPlex is showing in Sechelt, and puts it 21 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
- $629,000
- Lot size
- 8,052 sqft
- Lot dimensions
- 66 x 122
- Frontage
- 66 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1960
- MLS® area
- Sechelt District
- MLS® number
- R3106061
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Listing data via MLS®. Displayed for information only.