Home Sechelt, BC Sechelt District Mermaid Place 201 5711 Mermaid Street

201 5711 Mermaid St, Sechelt BC V7Z 0J6 – Condo for Sale – MLS® R3138340

201 5711 Mermaid Street, Sechelt, British Columbia V7Z 0J6

141 days on the market

$459,900

Est. monthly cost $2,583/mo

Updated with MLS® - Nov 10, 2026 at 08:45am

Mermaid Place

2 Beds

2 Baths

992 sqft

464 $ /sqft

482.53 $ Maint. fee

1994 built

Photos

You will love this corner home featuring two large bedrooms and two full bathrooms in the desirable 55+ community at Mermaid Place. The main bedroom has a walk-through closet to a private ensuite bathroom. The open dining and living room feature plenty of space to relax next to the natural gas fireplace. Continue through the living room to a good sized balcony perfect for outdoor living. This suite is conveniently located within walking distance to all amenities as well as the Sechelt waterfront. Pet friendly with restrictions. Easy to show! Quick occupancy available.

Building 27 fields Inside & out 14 fields Lot & land 8 fields

Building Details

Price	$459,900
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	992
Year Built	1994
Age Of Building	32
Building Type	Apartment/Condo
Unit Style	Corner unit
Property Type	Residential
Architecture Style	3 Storey
Stories	3
Building Amenities	Caretaker, Trash, Maintenance Grounds, Management, Snow Removal
Building Name	Mermaid Place
Ownership Type	Freehold Strata
Maintenance Fee	$482.53
Community Features	Independent living, Retirement Community, Shopping Nearby
Amenities Nearby	Caretaker, Trash, Maintenance Grounds, Management, Snow Removal
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Open, Guest, Rear Access, Asphalt
Total Parking Spaces	1
Strata Restrictions	Age Restrictions,Pets Allowed w/Rest.,Age Restricted 55+
Pet Restrictions	Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Suites	None

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer, Dryer, Disposal, Refrigerator, Stove
Interior Features	Elevator, Storage
Fireplace	1
Heating Type	Electric, Natural Gas
Laundry	In Unit
# of Kitchens	1
Flooring	Tile, Vinyl, Carpet
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
View Description	MOUNTAIN
Roof	Asphalt
Structures	Multi Family, Residential Attached

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3138340
Area	Sunshine Coast
Neighbourhood	Sechelt District
City	Sechelt
Postal Code	V7Z 0J6
Gross Taxes	$2,968.35
Zoning	R-4

Property Timeline

Status	Date	Price
R3138340 / Active	06-22-2026	$459,900

Rooms

Floor	Type	Dimensions
Main Level	Primary Bedroom	13'8 x 13'8 ft
Main Level	Bedroom	11'8 x 11'8 ft
Main Level	Living Room	14' x 14' ft
Main Level	Kitchen	9'6 x 9'6 ft
Main Level	Dining Room	10' x 10' ft
Main Level	Patio	11'8 x 11'8 ft
Main Level	Laundry	5' x 5' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4
Main Level	No	#3

Listed by: Sutton Group-West Coast 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: Mermaid Place

5711 Mermaid Street, Sechelt District, Sechelt

Mermaid Place building details

Building

Built: 1994
Homes: 21 in 3 storeys
Construction: Frame - Wood
Title: Freehold Strata
Strata plan: LMS1844
Managed by: Holywell
Parking: Visitor Parking, Open
Lockers: Limited
Strata fee covers: ManagementGardeningCaretaker

Bylaws on record

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

Market at Mermaid Place

For sale: 2
Median ask: $440K
Median $/sqft: $442
Days on market: 213
Sold, past year: 1

This home

$464/sqft, 5% above the building median of $442.

Homes for sale at Mermaid Place, Sechelt Recent sold listings in Mermaid Place, 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 · 0.78 km · crime above average · sell-speed score 33/100 (may take longer) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (45 nearby)

Sechelt nails & spa · 63 m · Beauty Shop
The belvedere barbershop · 68 m · Hairdresser
West coast logos · 72 m · Clothes

Restaurants (20 nearby)

Run with soup · 58 m · Restaurant
Coastal crust pizzeria · 108 m · Restaurant
Pkls burgers · 111 m · Restaurant

Transit (17 nearby)

Bus stop cowrie at trail (eb) · 137 m · Transit
Bus stop cowrie at trail (eb) · 164 m · Transit
Bus stop dolphin at inlet (wb) · 167 m · Transit

Groceries (8 nearby)

Basted baker · 110 m · Bakery
Emart · 144 m · Convenience
Galiano italiano market · 230 m · Greengrocer

Cafes (7 nearby)

Flying saucers · 180 m · Cafe
Middlechild · 222 m · Cafe
Trail bay cafe · 241 m · Cafe

Healthcare (6 nearby)

Guardian · 106 m · Healthcare
Cowrie pharmacy · 112 m · Healthcare
I.d.a. · 203 m · Healthcare

Public Schools

Secondary
Chatelech Secondary School: Average 0.78 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 43.06 km 9.2/10
Elementary, Secondary
Mulgrave School: Above Average 43.06 km 9.2/10

Closest Transit

Bus Stop
Cowrie at Trail (EB): 0.14 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: 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

Sell Speed & Competition

33 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $422,333

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How SECHELT DISTRICT compares

This property

141 DOM

Slower than area

Sechelt District avg

13 DOM

Average

Sechelt avg

13 DOM

Faster market

201 5711 Mermaid Street has a sell-speed score of 33/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 8.9% above comparable active properties in Sechelt District. 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 could take longer than the area average to sell.

Climate Risk for V7Z 0J6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7Z 0J6, 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 (~20.5 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 486 m
du Pacifique	Public	Grades Served —	Catchment Info —	N/A	Distance 486 m
Chatelech Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.0 / 10	Distance 778 m
Kinnikinnick Elementary School	Public	Grades Served K-7	Catchment Info —	4.8 / 10	Distance 2.40 KM

Walkability & Transit Near 201 5711 Mermaid Street

Very Walkable 85

Walk Score - Very Walkable

Most errands can be accomplished on foot

Bikeable 54

Bike Score - Bikeable

Some bike infrastructure

Costs & calculators

Monthly cost about $2,583/month · rent estimate $1,931/month · owning catches up with renting by year 13 · cash flow if rented −$802/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 201 5711 Mermaid Street

$2,583 /month

Principal & Interest $1,853

Property Taxes $247

Maintenance fee $483

The estimated monthly cost of 201 5711 Mermaid Street, Sechelt is $2,583: $1,853 principal and interest with 20% down over 30 years at 4.45%, plus $247 property tax and $483 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

−$802 /month

Mortgage Payment $1,853

Monthly Cash Flow −$802

Break Even Down Payment 55%

Cap Rate -2.1%

Cash on Cash -10.5%

If 201 5711 Mermaid Street, Sechelt were rented at $1,931 a month with 5% vacancy, it would fall $802 a month short of the mortgage and carrying costs; about 55% 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 201 5711 Mermaid Street, Sechelt

$1,931 / month

Rent $1,931

Own $2,583

Principal: $596/mo Interest, tax, insurance, fees: $1,987/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$499/mo (year 1) → ~$1,160/mo (year 20) → ~$1,731/mo (year 29).

Net cost to own at year 5 ~$1,987/mo About $56/mo more than renting

EstateBlock estimates 201 5711 Mermaid Street, Sechelt would rent for about $1,931 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: 201 5711 Mermaid Street

Rent vs own

Owning catches up by year 13

With 20% down ($91,980) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $32,787

Principal paid off by year 10 $73,727

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 201 5711 Mermaid Street, Sechelt is cheaper at first, but owning catches up by year 13, with $32,787 of principal paid off by year 5 and $73,727 by year 10.