206 5711 Mermaid St, Sechelt BC – Condo for Sale – MLS® R3084684

206 5711 Mermaid Street, Sechelt, British Columbia V7Z 0J6

265 days on the market
$419,900
Est. Mortgage $1,858/mo
Listing updated:
EstateBlock checked:
2 Beds
1 Baths
1002 sqft
419 $ /sqft
521.67 $ Maint. fee
1994 built
12.5% price reduction
265 days on the market
$419,900
$479,900
Est. $1,858/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 206 5711 Mermaid Street

12.5% price reduction

Bright, spacious, south facing, two bedroom, one bathroom condo ideally located within easy walking distance to all the amenities and recreation downtown Sechelt has to offer. Features include a well laid out kitchen open to the living room, a cozy gas fireplace, a separate dining area and in-suite laundry. A covered sundeck also extends the living space, perfect for year-round enjoyment. The primary bedroom offers ample closet space and direct access to the main bathroom. This condo also comes with a storage locker and a parking stall. The hot water tank has been recently replace. “Mermaid Place” has an elevator, is a 55+ building, allows rentals and welcomes pets with restrictions.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Refrigerator, Stove
Interior Features Elevator, Storage
Fireplace 1
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Multi Family, Residential Attached

Building Details

Price $419,900
Total Bedrooms 2
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1002
Year Built 1994
Age Of Building 32
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Maintenance Grounds, Management, Snow Removal
Ownership Type Freehold Strata
Maintenance Fee $521.67
Community Features Adult Oriented, Shopping Nearby
Amenities Nearby Maintenance Grounds, Management, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Open, Guest
Total Parking Spaces 1
Strata Restrictions Age Restrictions,Pets Allowed w/Rest.,Rentals Allowed,Age Restricted 55+
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions

Lot & Land

MLS® # R3084684
Area Sunshine Coast
Neighbourhood Sechelt District
City Sechelt
Postal Code V7Z 0J6
Gross Taxes $3,887.23
Zoning C-4

Property Timeline

Status Date Price
R3084684 / Active 01-29-2026 $419,900
Rooms
Floor Type Dimensions
Main Level Living Room 15'3 x 15'3 ft
Main Level Kitchen 11'5 x 11'5 ft
Main Level Dining Room 11'10 x 11'10 ft
Main Level Primary Bedroom 21'9 x 21'9 ft
Main Level Bedroom 15'5 x 15'5 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4

Listed by: 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.

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
$444K
Median $/sqft
$446
Days on market
193
Sold, past year
1
This home

$419/sqft, 6.1% below the building median of $446.

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

Map & Neighbourhood

Public Schools

Secondary
Chatelech Secondary School
Average 0.77 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)
0.12 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

52 / 100
Overall sell-speed score
Moderate pace expected
A
Price competition grade
Avg comparable: $476,587
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
265 DOM
Slower than area
Sechelt District avg
13 DOM
Average
Sechelt avg
13 DOM
Faster market

206 5711 Mermaid Street has a sell-speed score of 52/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 13.5% 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.

Nearby Restaurants, Cafes & Shops

Shopping (45 nearby)

  • West coast logos · 57 m · Clothes
  • Sechelt nails & spa · 61 m · Beauty Shop
  • The belvedere barbershop · 67 m · Hairdresser

Restaurants (20 nearby)

  • Run with soup · 52 m · Restaurant
  • Coastal crust pizzeria · 103 m · Restaurant
  • Pkls burgers · 114 m · Restaurant

Transit (17 nearby)

  • Bus stop cowrie at trail (eb) · 121 m · Transit
  • Bus stop cowrie at trail (eb) · 148 m · Transit
  • Bus stop dolphin at inlet (wb) · 183 m · Transit

Groceries (8 nearby)

  • Basted baker · 105 m · Bakery
  • Emart · 150 m · Convenience
  • Galiano italiano market · 241 m · Greengrocer

Cafes (7 nearby)

  • Flying saucers · 163 m · Cafe
  • Trail bay cafe · 226 m · Cafe
  • Middlechild · 226 m · Cafe

Healthcare (6 nearby)

  • Cowrie pharmacy · 99 m · Healthcare
  • Guardian · 117 m · Healthcare
  • I.d.a. · 186 m · Healthcare

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

474 m

du Pacifique

Public

Grades Served

—

Catchment Info

—
N/A

Distance

474 m

Chatelech Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.0 / 10

Distance

768 m

Kinnikinnick Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.8 / 10

Distance

2.40 KM

Walkability & Transit Near 206 5711 Mermaid Street

Walk Score Badge
Car-Dependent 85

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
54

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 206 5711 Mermaid Street

/month
Principal & Interest
Property Taxes $324
Maintenance fee 521.67
Financing 80% of the $419,900 asking price over 30 years at 4% results in approximately $2,450/month in total estimated carrying costs, $324 property tax, $522 maintenance 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

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $1,675/month in rental income, leaving a -$823/month cashflow at current carrying costs. Investors targeting break-even would need roughly 62% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 206 5711 Mermaid Street, Sechelt

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

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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.

Price vs Neighbourhood Average — Sechelt District, Sechelt

Beds Home Types Square Feet Lot Size Year Built
This Home $419,900
Sechelt Loading...
Sechelt District Loading...

Based on 8 comparable active apartments/condos in Sechelt District, the average asking price is $492,444. This listing is priced 14.7% below the neighbourhood average. This property is flagged as a Hot Deal (12.5% price reduction) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. 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

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 206 5711 Mermaid Street

Walk Score Badge
Car-Dependent 85

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
54

Bike Score - Bikeable

Some bike infrastructure

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