Home Sechelt, BC Sechelt District Watermark At Sechelt 403 5725 Teredo Street

403 5725 Teredo St, Sechelt BC V7Z 0J7 – Condo for Sale – MLS® R3164208

403 5725 Teredo Street, Sechelt, British Columbia V7Z 0J7

61 days on the market

$749,000

Est. monthly cost $4,108/mo

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

The Watermark

2 Beds

2 Baths

1063 sqft

705 $ /sqft

632.34 $ Maint. fee

2014 built

Photos

Welcome to The Watermark, one of Sechelt’s premier waterfront residences. Ideally located in the heart of downtown, this sought-after property is just steps from the seawall and pebble beach, with shopping, restaurants, the Aquatic Centre, library, public transit, and hospital all within easy walking distance. This beautifully renovated 2-bedroom + den, 2-bathroom suite offers an open-concept design with views of Davis Bay. Recent upgrades include fresh paint, custom electric blinds, luxury vinyl plank, premium appliances, quartz countertops, & custom sinks and a custom walk in closet .A rare opportunity to enjoy waterfront living with convenience, comfort, and breathtaking ocean views.

Building 25 fields Inside & out 13 fields Lot & land 8 fields

Building Details

Price	$749,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	1063
Year Built	2014
Age Of Building	12
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Trash, Maintenance Grounds, Gas, Hot Water, Management
Building Name	The Watermark
Ownership Type	Freehold Strata
Maintenance Fee	$632.34
Community Features	Shopping Nearby
Amenities Nearby	Trash, Maintenance Grounds, Gas, Hot Water, Management
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Garage Under Building
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Yes With Restrictions
Units In Development	114

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Interior Features	Elevator, Storage
Fireplace	1
Heating Type	Baseboard, Electric, Natural Gas
Laundry	In Unit
# of Kitchens	1
Flooring	Mixed
Foundation	Slab

Exterior Features

Exterior Features	Balcony
View Description	OCEAN
Roof	Torch-On
Structures	Multi Family, Residential Attached

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3164208
Area	Sunshine Coast
Neighbourhood	Sechelt District
City	Sechelt
Postal Code	V7Z 0J7
Gross Taxes	$5,495.77
Zoning	CD-30

Property Timeline

Status	Date	Price
R3164208 / Active	09-10-2026	$749,000
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Foyer	5'5 x 5'5 ft
Main Level	Laundry	3'7 x 3'7 ft
Main Level	Bedroom	9'11 x 9'11 ft
Main Level	Den	10'9 x 10'9 ft
Main Level	Kitchen	8'7 x 8'7 ft
Main Level	Dining Room	9'10 x 9'10 ft
Main Level	Living Room	14'10 x 14'10 ft
Main Level	Primary Bedroom	14'0 x 14'0 ft
Main Level	Walk-In Closet	5'7 x 5'7 ft
Main Level	Patio	9'1 x 9'1 ft

Bathrooms

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

Listed by: RE/MAX City 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: Watermark At Sechelt

5665 Teredo Street, Sechelt District, Sechelt

Watermark At Sechelt building details

Building

Built: 2013
Homes: 114 in 6 storeys
Construction: Concrete
Title: Freehold Strata
Strata plan: EPS1505
Managed by: Holywell Properties
Parking: Visitor Parking, Garage Underbuilding
Lockers: Limited
Strata fee covers: ManagementHot WaterGasGardeningGarbage Pickup

Bylaws on record

Pets: Allowed; Cats and dogs OK, max 2
Rentals: Allowed

Market at Watermark At Sechelt

For sale: 4
Median ask: $749K
Median $/sqft: $701
Days on market: 97
Sold, past year: 5

This home

$705/sqft, in line with the building median of $701.

Homes for sale at Watermark At Sechelt, Sechelt Recent sold listings in Watermark At Sechelt, 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 · 0.84 km · crime above average · sell-speed score 22/100 (may take longer) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (45 nearby)

Scotiabank · 83 m · Bank
Eye deal sunshine coast · 114 m · Optician
Talewind books · 118 m · Bookshop

Restaurants (20 nearby)

Pebbles restaurant · 65 m · Restaurant
Nourish · 98 m · Restaurant
Tyâs fine foods and bistro · 132 m · Restaurant

Transit (15 nearby)

Bus stop cowrie at trail (eb) · 188 m · Transit
Bus stop cowrie at trail (eb) · 213 m · Transit
Bus stop cowrie at periwinkle (eb) · 220 m · Transit

Groceries (8 nearby)

Basted baker · 148 m · Bakery
Emart · 227 m · Convenience
Lighthouse liquor · 235 m · Beverages

Cafes (7 nearby)

Flying saucers · 168 m · Cafe
Middlechild · 226 m · Cafe
Trail bay cafe · 243 m · Cafe

Healthcare (6 nearby)

Cowrie pharmacy · 127 m · Healthcare
I.d.a. · 140 m · Healthcare
I.d.a rx drug mart · 145 m · Healthcare

Public Schools

Secondary
Chatelech Secondary School: Average 0.84 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 42.97 km 9.2/10
Elementary, Secondary
Mulgrave School: Above Average 42.97 km 9.2/10

Closest Transit

Bus Stop
Cowrie at Trail (EB): 0.19 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

22 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $587,667

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

61 DOM

Slower than area

Sechelt District avg

13 DOM

Average

Sechelt avg

13 DOM

Faster market

403 5725 Teredo Street has a sell-speed score of 22/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 27.5% 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 0J7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7Z 0J7, 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 535 m
du Pacifique	Public	Grades Served —	Catchment Info —	N/A	Distance 535 m
Chatelech Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.0 / 10	Distance 837 m
Kinnikinnick Elementary School	Public	Grades Served K-7	Catchment Info —	4.8 / 10	Distance 2.61 KM

Walkability & Transit Near 403 5725 Teredo Street

Very Walkable 83

Walk Score - Very Walkable

Most errands can be accomplished on foot

Somewhat Bikeable 48

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Costs & calculators

Monthly cost about $4,108/month · rent estimate $2,909/month · owning catches up with renting by year 18 · cash flow if rented −$1,405/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 403 5725 Teredo Street

$4,108 /month

Principal & Interest $3,018

Property Taxes $458

Maintenance fee $632

The estimated monthly cost of 403 5725 Teredo Street, Sechelt is $4,108: $3,018 principal and interest with 20% down over 30 years at 4.45%, plus $458 property tax and $632 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

−$1,405 /month

Mortgage Payment $3,018

Monthly Cash Flow −$1,405

Break Even Down Payment 58%

Cap Rate -2.3%

Cash on Cash -11.3%

If 403 5725 Teredo Street, Sechelt were rented at $2,909 a month with 5% vacancy, it would fall $1,405 a month short of the mortgage and carrying costs; about 58% 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 5725 Teredo Street, Sechelt

$2,909 / month

Rent $2,909

Own $4,108

Principal: $971/mo Interest, tax, insurance, fees: $3,137/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$813/mo (year 1) → ~$1,890/mo (year 20) → ~$2,819/mo (year 29).

Net cost to own at year 5 ~$3,137/mo About $228/mo more than renting

EstateBlock estimates 403 5725 Teredo Street, Sechelt would rent for about $2,909 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 5725 Teredo Street

Rent vs own

Owning catches up by year 18

With 20% down ($149,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $53,397

Principal paid off by year 10 $120,072

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 5725 Teredo Street, Sechelt is cheaper at first, but owning catches up by year 18, with $53,397 of principal paid off by year 5 and $120,072 by year 10.