Listing history

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About this home

Developer alert! Shovel-ready development opportunity 3.14 acres site in Sechelt, successfully rezoned to 49 unit townhouse development. Rezoning is complete and in place; The next step is a Development Permit application, with all supporting technical reports in hand and available to qualified buyers. VTB(Vendor Take-Back) financing available with interest only. There is currently an older home on the property which is rented now. Action now!

Home facts

Bedrooms: 3
Bathrooms: 1 full
Interior: 1,520 sq ft
Lot size: 3.14 acres
Year built: 1972
Storeys: 2
Parking: 5
Property type: Single Family Residence
Basement: None
Carport: No
Fireplace: 1
Area: Sunshine Coast
Sub-area: Sechelt District
Listed: Hidden until you accept the VOW terms
Structure: Residential Detached
PID: Hidden until you accept the VOW terms

Highlights

In-suite laundry
Golf course

Features and inclusions

Appliances: Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating: Baseboard, Electric
Flooring: Hidden until you accept the VOW terms
Construction: Hidden until you accept the VOW terms
Roof: Hidden until you accept the VOW terms
Parking: Open, Front Access
Lot: Near Golf Course
Laundry: In Unit

Board rules show these details to signed-in buyers who accept the VOW terms.

Listed by Royal Pacific Realty Corp. Data from BCRES. Last updated Oct 26, 2026, 8:47 PM.

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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

Monthly and upfront costs

Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.

Monthly ownership costs

Principal and interest: $9,432
Property tax: $583/mo
Home insurance: $150/mo
Estimated monthly total: $10,165

Purchase snapshot

List price: $1,990,000
Down payment: $398,000 (20%)
Estimated mortgage: $1,592,000

Estimates only. They leave out utilities, upkeep and closing costs.

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Space and layout

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Home value

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Neighbourhood

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Walk to Claytons Heritage Market25 min

Bike to Gabriola Island Ferry Terminal2h 43m

Walk to Gabriola Island Ferry Terminal9h 2m

Drive to downtown Vancouver2h 6m

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 52%

Homes for sale nearby, by type

Detached91 for sale

Condo / Apartment27 for sale

Land27 for sale

Townhouse26 for sale

Mobile home4 for sale

Other1 for sale

Active listings within 3 km of this home.

Homes built in Sechelt, by type

Single-detached56.7% · 170

Low-rise apartment23.3% · 70

Apartment in duplex13.3% · 40

Row house6.7% · 20

Source: Statistics Canada, 2021 Census of Population. 300 dwellings.

Who lives here

Statistics Canada area 59290141 · Sechelt

Median age: 50
Renter households: 19%
Average household size: 2.2
Median household income: $67,500

Population (2021): 668
Median rent: $1,360
Owner shelter cost: $870
30%+ of income on shelter: 19%
Owner households: 79%
Households with kids: 25%
Immigrants: 23%
Post-secondary: 57%
Average home value (2021): $628,000

Breakdown

$15,000 to $19,9993.3% · 10

$20,000 to $24,9993.3% · 10

$25,000 to $29,9995.0% · 15

$30,000 to $34,9991.7% · 5

$35,000 to $39,9996.7% · 20

$40,000 to $44,9993.3% · 10

$45,000 to $49,9995.0% · 15

$50,000 to $59,99910.0% · 30

$60,000 to $69,99911.7% · 35

$70,000 to $79,9996.7% · 20

$80,000 to $89,9995.0% · 15

$90,000 to $99,9993.3% · 10

$100,000 to $124,99911.7% · 35

$125,000 to $149,99910.0% · 30

$150,000 to $199,9998.3% · 25

$200,000 and over5.0% · 15

Source: Statistics Canada, 2021 Census Profile, dissemination area 59290141.

Documents

Pick the records you want. Ray Rasouli will email what the listing brokerage shares.

Property disclosure statementReview seller-disclosed conditions and known defects.
Title searchReview registered ownership, charges, easements, and covenants.
Inspection reportsReview available property-condition findings.
Building and renovation permitsConfirm that significant work was properly permitted.
Survey or site planReview boundaries, structures, and encroachments.
Zoning and land-use recordsReview permitted uses and development constraints.
Well and water-quality recordsReview water source, testing, and maintenance information.
Septic recordsReview system permits, servicing, and condition information.

Availability is not guaranteed. Review documents with a professional.

5875 Reef Road

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