6473 NORWEST BAY ROAD, Sechelt
$998,000
This 10,530 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.
A unique opportunity to own an investment property or a home with two mortgage helpers in desirable West Sechelt. The upper level offers a bright, open-concept living space with 11-foot ceilings in the main living area, along with three generously sized bedrooms and two baths. Enjoy in-suite laundry, ample storage, and a beautiful back deck. The ground level features two self-contained suites, including a two-bed, one-bathroom suite and a newly renovated one-bed, one-bath suite. Each has its own private entrance and dedicated off-street parking, while sharing a common laundry area with exterior access. With a monthly rental income of $6,059, this property presents excellent revenue potential. Located within walking distance to the Elementary School, Mason Place Store, and public transit.
How this price compares
This lot asks $95 per square foot of lot. That is 14% above the median of $83 across the 40 active lots VanPlex is showing in Sechelt, and puts it 25 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
- $998,000
- Lot size
- 10,530 sqft
- Lot dimensions
- 66 x IRR
- Frontage
- 66 ft
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- 1975
- MLS® area
- Sechelt District
- MLS® number
- R3166260
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Listing data via MLS®. Displayed for information only.