5727 TRAIL AVENUE, Sechelt
$699,000
This 9,148 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.
Sunny, bright, and centrally located, this versatile property is an excellent opportunity for both investors and homeowners alike, currently generating $4,600.00 per month in revenue. Featuring 3 bedrooms upstairs plus a 2-bedroom suite downstairs, the home offers strong income potential or a great mortgage helper. Set in a desirable location close to all amenities, you’ll love being able to walk to parks, trails, and downtown while enjoying the comfort of a large backyard perfect for outdoor living, gardening, or family enjoyment. Whether you’re looking to expand your portfolio or secure a home with mortgage helper potential in a prime area, this property checks all the boxes. Fantastic holding property.
How this price compares
This lot asks $76 per square foot of lot. That is 8% below the median of $83 across the 40 active lots VanPlex is showing in Sechelt, and puts it 18 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
- $699,000
- Lot size
- 9,148 sqft
- Lot dimensions
- 78 x
- Frontage
- 78 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1979
- MLS® area
- Sechelt District
- MLS® number
- R3114192
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Listing data via MLS®. Displayed for information only.