$1,990,000

5875 REEF ROAD

Sechelt · MLS® R3170643

3 bed · 1 bath · 2,140 sq ft · 3 sq ft lot · 5 parking

House · Single Family · built 1972 · 8 days on market

Listed by James Liu, Royal Pacific Realty Corp.

Developer alert! 3.14 acres of gently sloping land located close to town center. 4th Reading passed, Rezone and OCP adoption has been done, ready for DP. 49 Units townhouses can be developed. There is currently an older home on the property which is rented now. Action now!

Type: House, Single Family
Bedrooms: 3
Bathrooms: 1
Living area: 2,140 sq ft
Lot: 3 sq ft
Parking: 5
Year built: 1972
Property tax: $6,259 / yr
Days on market: 8
MLS®: R3170643

2026 assessment: $759,000 · asking is +162%
Price per sq ft: $930 vs $468 median for houses in Sechelt for sale (121)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

On market 8 days

Listed now: 48 days; median for 121 houses for sale; this one 8 days

Houses in Sechelt. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$9,192/mo

Mortgage $8,670 · Tax $522

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$8,670/ monthly

loan $1,592,000

25-year amortization

down payment20% · $398,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,009,072
property transfer tax: $37,800; BC general rate
cash to close: $435,800; down + PTT
total paid: $2,601,072

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

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