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5875 Reef Road
Sechelt District Sechelt V7Z 0L7

$2,195,000
Multi-Family Commercial

View of property location with a heavily wooded area and property parcel outlined
Photo 1: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
Photo 2: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
Photo 3: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
Photo 4: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
Photo 5: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
Photo 6: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
Photo 7: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
Photo 8: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
Photo 9: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
Photo 10: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
Photo 11: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
Photo 12: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8070860
Build. Type:
Freestanding
Developer alert! 3.17 acres lot close to Sechelt downtown (3 min drive) and walking distance to Beach. Great Opportunity for townhouse development. 4th Reading passed, Rezone and OCP adoption has been done, ready for DP. Current Zoing R2 and Proposted Zoning R5. Totally 49 Units townhouses can be developed. Currently it is an older home on the property which is rented now. Motivated seller, great opportunity, Action now!
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Frame Wood
Num Storeys:
2
Building Type:
Freestanding
# Bldgs:
1
Year built:
1972 (Age: 53)
Living Area:
2,140 sq. ft.
Subject Property Width:
213'
Lot Area:
3.17 acre(s)
Zoning:
Potential to Redevelop:
4th reading passed,Rezone/OCP adoption done, 49 townhouses, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
Yes
Services Connected:
Electricity Connected
Sewer:
Septic Tank
Parcel Number:
007645520
Taxes:
$5,621.42 / 2024
No
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
4th reading passed,Rezone/OCP adoption done, 49 townhouses, No
Env Assmt Phase:
Yes
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$.00
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
    View of property location with a heavily wooded area and property parcel outlined
  • Photo 2: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
    Aerial view of property and surrounding area featuring a forest
  • Photo 3: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
    Bird's eye view of a water and mountain view
  • Photo 4: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
    Water view with a forest
  • Photo 5: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
    View of mountain backdrop featuring a large body of water
  • Photo 6: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
    Drone / aerial view of a water and mountain view
  • Photo 7: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
    View of property location with a nearby body of water
  • Photo 8: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
    Water view featuring a mountainous background
  • Photo 9: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
    Mountain view featuring a nearby body of water and a heavily wooded area
  • Photo 10: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
    View of marketing collateral with multiple images
  • Photo 11: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
    Aerial overview of property's location featuring nearby suburban area
  • Photo 12: 5875 Reef Road in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8070860
    View of property location
Listed by Homelife Benchmark Realty Corp.
Data was last updated December 1, 2025 at 10:40 PM (UTC)
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