507 5725 Teredo St, Sechelt, BC | MLS^® R3064481 Property Details

Below Assessment Value

Affordable carefree waterfront living at the Watermark in Sechelt. This 5th floor 2 Bdrm unit enjoys beautiful sunsets & large open views of Mount Richardson towards the Sechelt Inlet. Only 2 of these floorplans are in each building, the 818 sq ft open plan design offers oversized windows and 2 balconies. Natural gas fireplace, hot water, gas stove are all included in the strata fees. The Watermark offers a waterfront location on the seawall, underground secure parking, kayak storage, well powered workshop, & individual storage lockers all included. 5 Minutes to the Sechelt Hospital and within walking distance to all of Sechelt shops & services. Priced well below assessment ready for a new owner.

General Info

Price $549,000

Total Bedrooms 2

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 818

Lot Size -

Lot Size Depth Feet

Lot Size Frontage 0

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2014

Age Of Building 11

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave

Building Amenities Maintenance Grounds, Gas, Hot Water, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3064481

Area Sunshine Coast

Neighbourhood Sechelt District

City Sechelt

Gross Taxes $4,488.88

Ownership Type Freehold Strata

Maintenance Fee $445

Community Features Shopping Nearby

Amenities Nearby Maintenance Grounds, Gas, Hot Water, Snow Removal

Fixtures Included -

Heating & Cooling

Fireplace 1

Heating Type Electric

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Under Building, Guest, Side Access, Concrete, Garage Door Opener

Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns

Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Rental Restrictions -

Zoning CD-30

Rental Suites None

Laundry In Unit

# of Kitchens 1

Flooring Laminate, Carpet

Foundation Slab

Locker 1

View Description LARGE MOUNTAIN VIEWS

Units In Development 107

Exterior Features Balcony

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Roof Torch-On

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	12'0 x 12'0 ft
Main Level	Dining Room	8'0 x 8'0 ft
Main Level	Kitchen	9'2 x 9'2 ft
Main Level	Primary Bedroom	9'9 x 9'9 ft
Main Level	Bedroom	9'10 x 9'10 ft

Listed by: Royal LePage Sussex & Royal LePage Sussex

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS^® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Secondary

Chatelech Secondary School

0.85 km

Elementary

École du Pacifique

0.55 km

Elementary

École du Pacifique

0.55 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary

Aspengrove School

34.17 km

Elementary, Secondary

Aspengrove School

34.17 km

Closest Transit

Bus Stop

Cowrie at Trail (EB)

0.19 km

Skytrain

Skytrain @ Burrard Stn

50.58 km

Noise/ Power Lines

Road/Hwy Noise

Possible

Railway/Sky train Noise

Unlikely

Airport/Port Noise

Unlikely

Close to major Power Lines

Unlikely

Other

Agricultural Land Reserve (ALR)

Unlikely

Flood Area

Unlikely

Close to Cemeteries

Unlikely

Welcome to this stunning home located at 507 5725 Teredo Street, Sechelt, BC, MLS^® R3064481. As we step into this beautiful community, let's start with the schools that serve this area. The property is serviced by École du Pacifique, a reputable school with a rating of No Rating. It's conveniently located just 0.55 km from your new home. Families will love that Chatelech Secondary School is also nearby, with a rating of No Rating, and is only 0.85 km away.

For those seeking a more independent school experience, Aspengrove School is the closest Elementary school, boasting an impressive rating of 9.9/10, and is located 34.17 km from this home. As for Secondary education, you'll find Aspengrove School, which also has a rating of 9.9/10, and is situated 34.17 km from your new address.

Now, let's talk about the safety and security of this neighborhood. According to Statistics Canada's 2020 report, there were 985 violations in this area, resulting in an overall crime rate of 9,059.97, which is Above Average compared to other Canadian cities. However, it's worth noting that the rate has seen a 7.66% year-over-year change.

Breaking it down further, the area near MLS^® R3064481 has a Below Average rate of drug-related crimes, with a rating of 110.38 and 12 incidents in 2020. The year-over-year change in this ranking is 69.02%.

On the other hand, property crimes in the neighborhood are Above Average, with a rating of 4,139.07 and 450 incidents in 2020. The year-over-year change in this rate is 9.28%.

Regarding violent crimes, there were 221 incidents in 2020, resulting in a rate of 2,032.74, which is Above Average compared to other BC municipalities. The year-over-year change in this rate is 0.87%.

Now, let's talk about the transportation options in this area. The closest bus station is Cowrie at Trail (EB), which is just 0.19 km away from this listing with MLS^® R3064481.

When it comes to demographics, 19.5% of the population in this neighborhood holds a university certificate or degree, which is Average compared to other BC neighborhoods. On the other hand, 13.9% of the population has no certificate or degree, which is Below Average.

In terms of income, the median household income in this area is $58,888, which is Below Average compared to the British Columbia average. The median personal income is $31,470, also Below Average. Furthermore, 48% of households in this census subdivision have a mortgage, which is Below Average.

The unemployment rate in this area is 7.5%, which is Average compared to other province neighborhoods.

This real estate is located in the Sechelt District, where the population change between 2011 and 2016 was 10%, which is High compared to the average growth rate of this region.

The population density per square kilometer in this community is 261.8, which is Below Average. The average size of families in this area is 2.5, which is Low compared to the whole region. Additionally, 38.1% of families in this area have children, which is Low. The percentage of married or living common-law couples is 61%, which is Average.

The average age of the population in this area is 51.1, which is High compared to other BC cities.

In terms of real estate, the average value of dwellings in this neighborhood is $511,764, which is Above Average compared to other areas in British Columbia. The average owner payments are Below Average, with owners spending $1,064 on average for their dwellings. Tenants are paying $1,059 on average in this district, which is Average compared to other cities.

23.5% of the population in this district are renters, which is Average compared to other BC cities and areas. The percentage of English and French speakers in this area is 6.7%, which is Average. However, the percentage of English speakers only is 92.7%, which is Above Average. The percentage of French speakers only is 0%, which is Low. The percentage of neither English nor French speakers is 0.5%, which is Below Average.

5% of the population in this area uses public transportation, which is Below Average. However, 84.7% of the population uses cars, which is Average. 1.1% of the population uses bicycles, which is Average. 7.5% of the population walks, which is Above Average.

In conclusion, 507