403 5631 Inlet Ave, Sechelt BC V7Z 0J1 – Condo for Sale – MLS® R3132729

403 5631 Inlet Avenue, Sechelt, British Columbia V7Z 0J1

158 days on the market
$399,900
Est. monthly cost $2,275/mo
Updated with MLS® -
2 Beds
1 Baths
978 sqft
409 $ /sqft
330.77 $ Maint. fee
2007 built
27.6% cheaper than comps
158 days on the market
$399,900
$419,900
Est. $2,275/mo with 20% down
Updated with MLS® -

Property Details for 403 5631 Inlet Avenue

27.6% cheaper than comps

Tons of natural light in this top-floor south facing condo with two bedrooms, an airy open plan and a cozy gas fireplace. The modern kitchen features stainless steel appliances, while in-suite laundry adds convenience. With no one above peace a quiet is assured. The south facing covered sundeck captures maximum sunlight and enhances the bright, inviting feel. In a prime downtown location, just steps to shops, dining and public transit. Rentals allowed and pets allowed with restrictions (2 cats or 2 dogs or one of each).

Building Details

Price $399,900
Total Bedrooms 2
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 978
Year Built 2007
Age Of Building 19
Building Type Apartment/Condo
Unit Style Upper unit
Property Type Residential
Architecture Style Top Floor Unit
Stories 1
Building Amenities Management
Ownership Type Freehold Strata
Maintenance Fee $330.77
Community Features Shopping Nearby
Amenities Nearby Management
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 Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Units In Development 32

Interior Features

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

Exterior Features

Roof Asphalt
Structures Multi Family, Residential Attached

Lot & Land

MLS® # R3132729
Area Sunshine Coast
Neighbourhood Sechelt District
City Sechelt
Postal Code V7Z 0J1
Gross Taxes $3,998.68
Zoning C-4

Property Timeline

Status Date Price
R3132729 / Active 06-05-2026 $399,900
Rooms
Floor Type Dimensions
Main Level Living Room 13'6 x 13'6 ft
Main Level Kitchen 10'6 x 10'6 ft
Main Level Dining Room 9'5 x 9'5 ft
Main Level Bedroom 13'11 x 13'11 ft
Main Level Bedroom 12'10 x 12'10 ft
Main Level Laundry 7' x 7' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #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: The Belmar

5631 Inlet Avenue, Sechelt District, Sechelt

The Belmar building details

Building

Built
2007
Homes
32 in 4 storeys
Construction
Frame - Wood
Title
Freehold Strata
Strata plan
BCS2547
Managed by
Holywell Properties
Parking
Visitor Parking, Open
Lockers
Limited
Strata fee covers
OtherManagementGardeningGarbage Pickup

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at The Belmar

For sale
2
Median ask
$385K
Median $/sqft
$435
Days on market
83
Sold, past year
1
This home

$409/sqft, 6% below the building median of $435.

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

Map, sell speed & climate

Chatelech Secondary School 6/10 · 0.92 km · crime above average · sell-speed score 61/100 (moderate pace) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (45 nearby)

  • Splash n shine · 58 m · Car Wash
  • Sechelt coin laundry · 220 m · Laundry
  • Sechelt pharmacy · 228 m · Pharmacy

Restaurants (20 nearby)

  • Pho kien giang · 217 m · Restaurant
  • Kien giang pho · 237 m · Restaurant
  • Taco republic · 285 m · Restaurant

Transit (18 nearby)

  • Bus stop trail at sherlock (nb) · 174 m · Transit
  • Bus stop wharf at dolphin (sb) · 195 m · Transit
  • Bus stop dolphin at inlet (wb) · 219 m · Transit

Groceries (8 nearby)

  • Butcher dave's · 273 m · Butcher
  • Galiano italiano market · 366 m · Greengrocer
  • Emart · 395 m · Convenience

Cafes (7 nearby)

  • The daily roast · 266 m · Cafe
  • Middlechild · 462 m · Cafe
  • The bakery · 477 m · Cafe

Healthcare (6 nearby)

  • Sechelt pharmacy · 228 m · Healthcare
  • Guardian · 345 m · Healthcare
  • Cowrie pharmacy · 469 m · Healthcare

Gyms (1 nearby)

  • The hangar climbing lounge · 879 m · Gym

Public Schools

Secondary
Chatelech Secondary School
Average 0.92 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 43.07 km 9.2/10
Elementary, Secondary
Mulgrave School
Above Average 43.07 km 9.2/10

Closest Transit

Bus Stop
Trail at Sherlock (NB)
0.17 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

61 / 100
Overall sell-speed score
Moderate pace expected
A+
Price competition grade
Avg comparable: $552,000
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
158 DOM
Slower than area
Sechelt District avg
13 DOM
Average
Sechelt avg
13 DOM
Faster market

403 5631 Inlet Avenue has a sell-speed score of 61/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 27.6% 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 0J1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7Z 0J1, 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

696 m

du Pacifique

Public

Grades Served

—

Catchment Info

—
N/A

Distance

696 m

Chatelech Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.0 / 10

Distance

925 m

Kinnikinnick Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.8 / 10

Distance

2.18 KM

Walkability & Transit Near 403 5631 Inlet Avenue

Walk Score Badge
Very Walkable 85

Walk Score - Very Walkable

Most errands can be accomplished on foot
Bike Score Badge
Bikeable 59

Bike Score - Bikeable

Some bike infrastructure

Costs & calculators

Monthly cost about $2,275/month · rent estimate $1,679/month · owning catches up with renting by year 15 · cash flow if rented −$726/month

Mortgage Calculator for 403 5631 Inlet Avenue

30-year fixed
$2,275 /month
Principal & Interest $1,611
Property Taxes $333
Maintenance fee $331

The estimated monthly cost of 403 5631 Inlet Avenue, Sechelt is $2,275: $1,611 principal and interest with 20% down over 30 years at 4.45%, plus $333 property tax and $331 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

−$726 /month
Mortgage Payment $1,611
Monthly Cash Flow −$726
Break Even Down Payment 57%
Cap Rate -2.2%
Cash on Cash -10.9%

If 403 5631 Inlet Avenue, Sechelt were rented at $1,679 a month with 5% vacancy, it would fall $726 a month short of the mortgage and carrying costs; about 57% 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 403 5631 Inlet Avenue, Sechelt

$1,679 / month
Rent $1,679
Own $2,275
Principal: $518/mo Interest, tax, insurance, fees: $1,757/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$434/mo (year 1) → ~$1,009/mo (year 20) → ~$1,505/mo (year 29).

Net cost to own at year 5 ~$1,757/mo About $78/mo more than renting

EstateBlock estimates 403 5631 Inlet Avenue, Sechelt would rent for about $1,679 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: 403 5631 Inlet Avenue

Rent vs own

Owning catches up by year 15

With 20% down ($79,980) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $28,509
Principal paid off by year 10 $64,108

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 403 5631 Inlet Avenue, Sechelt is cheaper at first, but owning catches up by year 15, with $28,509 of principal paid off by year 5 and $64,108 by year 10.

Price vs Neighbourhood Average — Sechelt District, Sechelt

Beds Home Types Square Feet Lot Size Year Built
This Home $399,900
Sechelt Loading...
Sechelt District Loading...

Based on 3 comparable active apartments/condos in Sechelt District, the average asking price is $552,000. This listing is priced 27.6% below the neighbourhood average. This property is flagged as a Hot Deal (27.6% cheaper than comparables) 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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $3,324
0 of 21 missions

Sign up on Estateblock.com

$166 / 5.00%

Buy with us & save on this property

Walkability & Transit Near 403 5631 Inlet Avenue

Walk Score Badge
Very Walkable 85

Walk Score - Very Walkable

Most errands can be accomplished on foot
Bike Score Badge
Bikeable 59

Bike Score - Bikeable

Some bike infrastructure

Similar Condos for Sale in Sechelt District

Recently Sold Homes Near 403 5631 Inlet Avenue

201 5665 Teredo Street, Sechelt, BC, Sechelt — Apartment/Condo for sale
201 5665 Teredo Street, Sechelt, BC, Sechelt — Apartment/Condo for sale
201 5665 Teredo Street, Sechelt, BC, Sechelt — Apartment/Condo for sale
201 5665 Teredo Street, Sechelt, BC, Sechelt — Apartment/Condo for sale
201 5665 Teredo Street, Sechelt, BC, Sechelt — Apartment/Condo for sale
Sold

201 5665 Teredo Street, Sechelt, BC

2 Beds
2 Baths
1114 sqft
2012 built
MLS® R2878405, RE/MAX City Realty
307 5631 Inlet Avenue, Sechelt, BC, Sechelt — Apartment/Condo for sale
307 5631 Inlet Avenue, Sechelt, BC, Sechelt — Apartment/Condo for sale
307 5631 Inlet Avenue, Sechelt, BC, Sechelt — Apartment/Condo for sale
307 5631 Inlet Avenue, Sechelt, BC, Sechelt — Apartment/Condo for sale
307 5631 Inlet Avenue, Sechelt, BC, Sechelt — Apartment/Condo for sale
Sold

307 5631 Inlet Avenue, Sechelt, BC

2 Beds
1 Baths
787 sqft
2007 built
MLS® R2845340, RE/MAX Oceanview Realty
204 5768 Marine Way, Sechelt, BC, Sechelt — Apartment/Condo for sale
204 5768 Marine Way, Sechelt, BC, Sechelt — Apartment/Condo for sale
204 5768 Marine Way, Sechelt, BC, Sechelt — Apartment/Condo for sale
204 5768 Marine Way, Sechelt, BC, Sechelt — Apartment/Condo for sale
204 5768 Marine Way, Sechelt, BC, Sechelt — Apartment/Condo for sale
Sold

204 5768 Marine Way, Sechelt, BC

3 Beds
2 Baths
1413 sqft
1992 built
MLS® R3030419, RE/MAX City Realty
301 5855 Cowrie Street, Sechelt, BC, Sechelt — Apartment/Condo for sale
301 5855 Cowrie Street, Sechelt, BC, Sechelt — Apartment/Condo for sale
301 5855 Cowrie Street, Sechelt, BC, Sechelt — Apartment/Condo for sale
301 5855 Cowrie Street, Sechelt, BC, Sechelt — Apartment/Condo for sale
301 5855 Cowrie Street, Sechelt, BC, Sechelt — Apartment/Condo for sale
Sold

301 5855 Cowrie Street, Sechelt, BC

2 Beds
2 Baths
1220 sqft
1997 built
MLS® R2805338, RE/MAX City Realty
401 5631 Inlet Avenue, Sechelt, BC, Sechelt — Apartment/Condo for sale
401 5631 Inlet Avenue, Sechelt, BC, Sechelt — Apartment/Condo for sale
401 5631 Inlet Avenue, Sechelt, BC, Sechelt — Apartment/Condo for sale
401 5631 Inlet Avenue, Sechelt, BC, Sechelt — Apartment/Condo for sale
401 5631 Inlet Avenue, Sechelt, BC, Sechelt — Apartment/Condo for sale
Sold

401 5631 Inlet Avenue, Sechelt, BC

2 Beds
1 Baths
1030 sqft
2007 built
MLS® R2994016, RE/MAX Oceanview Realty
7 5780 Trail Avenue, Sechelt, BC, Sechelt — Apartment/Condo for sale
7 5780 Trail Avenue, Sechelt, BC, Sechelt — Apartment/Condo for sale
7 5780 Trail Avenue, Sechelt, BC, Sechelt — Apartment/Condo for sale
7 5780 Trail Avenue, Sechelt, BC, Sechelt — Apartment/Condo for sale
7 5780 Trail Avenue, Sechelt, BC, Sechelt — Apartment/Condo for sale
Sold

7 5780 Trail Avenue, Sechelt, BC

2 Beds
2 Baths
1249 sqft
2009 built
MLS® R2991458, Sotheby's International Realty Canada