Home Sechelt, BC Sechelt District Cypress Ridge 105 5768 Marine Way

105 5768 Marine Way, Sechelt BC V7Z 0B5 – Condo for Sale – MLS® R3181492

105 5768 Marine Way, Sechelt, British Columbia V7Z 0B5

1 day on the market

$419,000

Est. monthly cost $2,460/mo

Listing updated: Nov 4, 2026 at 09:35pm

EstateBlock checked: Nov 5, 2026 at 02:45am

Cypress Ridge

2 Beds

1 Baths

1085 sqft

386 $ /sqft

378.83 $ Maint. fee

1992 built

NEW

Photos

Located in Cypress Ridge this ground floor garden unit is central to downtown Sechelt for all the amenities, shopping & recreation. This end unit is spacious and has easy access to your own carport & storage right off the living room. The floor plan is laid out with convenience in mind having a large kitchen & huge windows for lots of light in the dining room and living area. French doors take you out to the patio for morning coffee. Featured are 2 large bedrooms which one could be used as an office space or for a guest room. The private patio is sunny and provides space for a container garden or just to relax . The transit route is close by & just blocks to the town center and beaches.

Building 26 fields Inside & out 10 fields Lot & land 7 fields

Building Details

Price	$419,000
Total Bedrooms	2
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	1085
Year Built	1992
Age Of Building	34
Building Type	Apartment/Condo
Property Type	Residential
Architecture Style	Ground Level Unit
Stories	1
Building Amenities	Maintenance Grounds, Management
Building Name	Cypress Ridge
Ownership Type	Freehold Strata
Maintenance Fee	$378.83
Community Features	Adult Oriented, Shopping Nearby
Amenities Nearby	Maintenance Grounds, Management
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Carport Single, Front Access
Total Parking Spaces	1
Strata Restrictions	Age Restrictions,Pets Allowed w/Rest.
Pet Restrictions	Yes With Restrictions
Rental Suites	None

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Interior Features	Elevator, Storage
Fireplace	0
Heating Type	Electric
Laundry	In Unit
# of Kitchens	1
Foundation	Concrete Perimeter

Exterior Features

Roof	Asphalt
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3181492
Area	Sunshine Coast
Neighbourhood	Sechelt District
City	Sechelt
Postal Code	V7Z 0B5
Gross Taxes	$4,715.02
Zoning	RM1

Property Timeline

Status	Date	Price
R3181492 / Active	11-04-2026	$419,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	18'11 x 18'11 ft
Main Level	Dining Room	11'7 x 11'7 ft
Main Level	Kitchen	11'3 x 11'3 ft
Main Level	Primary Bedroom	16'11 x 16'11 ft
Main Level	Bedroom	12'4 x 12'4 ft
Main Level	Utility	8'4 x 8'4 ft
Main Level	Foyer	7'10 x 7'10 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#3

Listed by: RE/MAX Oceanview Realty

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.

About the building: Cypress Ridge

5768 Marine Way, Sechelt District, Sechelt

Cypress Ridge building details

Building

Built: 1992
Homes: 28 in 3 storeys
Construction: Frame - Wood
Title: Freehold Strata
Strata plan: LMS174
Managed by: Holywell
Parking: Visitor Parking, Carport: Single
Lockers: Limited
Strata fee covers: ManagementGardeningGarbage Pickup

Bylaws on record

Pets: Restricted; Cats and dogs OK, max 1
Rentals: Allowed

Market at Cypress Ridge

For sale: 4
Median ask: $494K
Median $/sqft: $387
Days on market: 91
Sold, past year: 2

This home

$386/sqft, in line with the building median of $387.

Homes for sale at Cypress Ridge, Sechelt Recent sold listings in Cypress Ridge, Sechelt

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map, sell speed & climate

Chatelech Secondary School 6/10 · 1.07 km · crime above average · sell-speed score 47/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Transit (18 nearby)

Bus stop anchor at trail (eb) · 156 m · Transit
Bus stop marine at trail (wb) · 160 m · Transit
Bus stop trail at marine (nb) · 186 m · Transit

Shopping (4 nearby)

Splash n shine · 775 m · Car Wash
Sechelt coin laundry · 937 m · Laundry
Sechelt pharmacy · 949 m · Pharmacy

Restaurants (3 nearby)

Pho kien giang · 891 m · Restaurant
Kien giang pho · 956 m · Restaurant
Taco republic · 997 m · Restaurant

Groceries (1 nearby)

Butcher dave's · 988 m · Butcher

Cafes (1 nearby)

The daily roast · 983 m · Cafe

Gyms (1 nearby)

The hangar climbing lounge · 773 m · Gym

Healthcare (1 nearby)

Sechelt pharmacy · 949 m · Healthcare

Public Schools

Secondary
Chatelech Secondary School: Average 1.07 km 6/10

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

Private Schools

Elementary, Secondary
Mulgrave School: Above Average 43.6 km 9.2/10
Elementary, Secondary
Mulgrave School: Above Average 43.6 km 9.2/10

Closest Transit

Bus Stop
Anchor at Trail (EB): 0.16 km

Crime Rate

Total Crime Rate: Above Average
Violent Crime Rate: Above Average
Property Crime Rate: Above Average

Demographics

Post-Secondary Education: Below Average 19.5%
No Certificate/Degree: Average 13.9%
Owner Occupied: Below Average 48%
Employment Rate: Below Average 38.1%

Noise/ Power Lines

Road/Hwy Noise: Unlikely
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

Sell Speed & Competition

47 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $490,889

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How SECHELT DISTRICT compares

This property

1 DOM

Very fast

Sechelt District avg

13 DOM

Average

Sechelt avg

13 DOM

Slower market

105 5768 Marine Way has a sell-speed score of 47/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 14.6% below comparable active properties in Sechelt District, which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 5.1% and an area average of 13 days on market — buyers have more leverage. With only 39 competing homes currently listed, this property has relatively low competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V7Z 0B5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7Z 0B5, over the next 30 years.

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Sechelt" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline. Nearest station: Langdale Elementary, Langdale (~21 km). Annual avg AQHI 0 — Low Risk.

Schools NearBy

4 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Secondaire Chatelech	Public	Grades Served —	Catchment Info —	4.9 / 10	Distance 1.04 KM
du Pacifique	Public	Grades Served —	Catchment Info —	N/A	Distance 1.04 KM
Chatelech Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.0 / 10	Distance 1.07 KM
Kinnikinnick Elementary School	Public	Grades Served K-7	Catchment Info —	4.8 / 10	Distance 1.47 KM

Walkability & Transit Near 105 5768 Marine Way

Car-Dependent 47

Walk Score - Car-Dependent

Most errands require a car

Somewhat Bikeable 12

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Costs & calculators

Monthly cost about $2,460/month · rent estimate $1,759/month · owning catches up with renting by year 20 · cash flow if rented −$837/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 105 5768 Marine Way

$2,460 /month

Principal & Interest $1,688

Property Taxes $393

Maintenance fee $379

The estimated monthly cost of 105 5768 Marine Way, Sechelt is $2,460: $1,688 principal and interest with 20% down over 30 years at 4.45%, plus $393 property tax and $379 strata fee.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

−$837 /month

Mortgage Payment $1,688

Monthly Cash Flow −$837

Break Even Down Payment 60%

Cap Rate -2.4%

Cash on Cash -12.0%

If 105 5768 Marine Way, Sechelt were rented at $1,759 a month with 5% vacancy, it would fall $837 a month short of the mortgage and carrying costs; about 60% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 105 5768 Marine Way, Sechelt

$1,759 / month

Rent $1,759

Own $2,460

Principal: $543/mo Interest, tax, insurance, fees: $1,917/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$455/mo (year 1) → ~$1,057/mo (year 20) → ~$1,577/mo (year 29).

Net cost to own at year 5 ~$1,917/mo About $158/mo more than renting

EstateBlock estimates 105 5768 Marine Way, Sechelt would rent for about $1,759 a month.

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Rent vs own: 105 5768 Marine Way

Rent vs own

Owning catches up by year 20

With 20% down ($83,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $29,871

Principal paid off by year 10 $67,170

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 105 5768 Marine Way, Sechelt is cheaper at first, but owning catches up by year 20, with $29,871 of principal paid off by year 5 and $67,170 by year 10.