Home Sechelt, BC Sechelt District Cypress Ridge 8 5768 Marine Way

8 5768 Marine Way, Sechelt BC V7Z 0K4 – Townhouse for Sale – MLS® R3167172

8 5768 Marine Way, Sechelt, British Columbia V7Z 0K4

48 days on the market

$599,000

Est. monthly cost $3,320/mo

Listing updated: Oct 13, 2026 at 12:24pm

EstateBlock checked: Nov 5, 2026 at 07:45am

Cypress Ridge

2 Beds

2 Baths

1278 sqft

469 $ /sqft

478.38 $ Maint. fee

1993 built

Photos

Rarely does a townhome at this price offer beautiful water views in two directions. Warm, bright and remarkably private, this house-like home opens to a large fenced courtyard overlooking Sechelt Inlet, with gardens, seating and BBQ space. Inside, the generous kitchen features newer appliances, including a Fisher & Paykel fridge, while French doors connect the fireside living room to a spacious ocean-view deck. A bedroom, full bath and laundry/mudroom are conveniently located on the main. Upstairs, the primary suite enjoys sweeping ocean views, an ensuite and an office overlooking the inlet. Detached garage, exceptional storage and peaceful coastal living complete this rare offering.

Building 25 fields Inside & out 12 fields Lot & land 8 fields

Building Details

Price	$599,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	1278
Year Built	1993
Age Of Building	33
Building Type	Townhouse
Property Type	Residential
Stories	2
Building Amenities	Trash, Maintenance Grounds, Management, Sewer
Building Name	Cypress Ridge
Ownership Type	Freehold Strata
Maintenance Fee	$478.38
Amenities Nearby	Trash, Maintenance Grounds, Management, Sewer
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Garage Single, Open, Guest, Front Access
Total Parking Spaces	2
Strata Restrictions	Age Restrictions,Pets Allowed w/Rest.,Age Restricted 55+
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions	100
Units In Development	28

Interior Features

Basement Finished Area (sqft)	0
Basement Features	Crawl Space
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features	Storage
Fireplace	1
Heating Type	Electric, Natural Gas
Laundry	In Unit
# of Kitchens	1
Foundation	Concrete Perimeter

Exterior Features

View Description	Ocean and Sechelt Inlet
Roof	Asphalt
Structures	Residential Attached

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3167172
Area	Sunshine Coast
Neighbourhood	Sechelt District
City	Sechelt
Postal Code	V7Z 0K4
Gross Taxes	$5,133.19
Zoning	R4

Property Timeline

Status	Date	Price
R3167172 / Active	09-18-2026	$599,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	14'3 x 14'3 ft
Main Level	Kitchen	14'4 x 14'4 ft
Main Level	Dining Room	14'5 x 14'5 ft
Main Level	Bedroom	12'8 x 12'8 ft
Main Level	Laundry	7'6 x 7'6 ft
Above Level	Bedroom	12'5 x 12'5 ft
Above Level	Office	8'1 x 8'1 ft

Bathrooms

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

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: 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

$469/sqft, 21.2% above 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 · 1.09 km · crime above average · sell-speed score 23/100 (may take longer) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Transit (18 nearby)

Bus stop marine at trail (wb) · 139 m · Transit
Bus stop trail at marine (nb) · 156 m · Transit
Bus stop anchor at trail (eb) · 176 m · Transit

Shopping (2 nearby)

Splash n shine · 831 m · Car Wash
Sechelt coin laundry · 992 m · Laundry

Restaurants (1 nearby)

Pho kien giang · 943 m · Restaurant

Gyms (1 nearby)

The hangar climbing lounge · 809 m · Gym

Public Schools

Secondary
Chatelech Secondary School: Average 1.09 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 43.66 km 9.2/10
Elementary, Secondary
Mulgrave School: Above Average 43.66 km 9.2/10

Closest Transit

Bus Stop
Marine at Trail (WB): 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: 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

23 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $466,133

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

48 DOM

Slower than area

Sechelt District avg

16 DOM

Average

Sechelt avg

16 DOM

Faster market

8 5768 Marine Way has a sell-speed score of 23/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 28.5% above comparable active properties in Sechelt District. The local market is currently a Buyer's Market with a sales-to-active ratio of 4.9% and an area average of 16 days on market — buyers have more leverage. With only 41 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 0K4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7Z 0K4, 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 1.07 KM
du Pacifique	Public	Grades Served —	Catchment Info —	N/A	Distance 1.07 KM
Chatelech Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.0 / 10	Distance 1.09 KM
Kinnikinnick Elementary School	Public	Grades Served K-7	Catchment Info —	4.8 / 10	Distance 1.41 KM

Walkability & Transit Near 8 5768 Marine Way

Car-Dependent 47

Walk Score - Car-Dependent

Most errands require a car

Somewhat Bikeable 18

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Costs & calculators

Monthly cost about $3,320/month · rent estimate $2,390/month · owning catches up with renting by year 17 · cash flow if rented −$1,108/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 8 5768 Marine Way

$3,320 /month

Principal & Interest $2,414

Property Taxes $428

Maintenance fee $478

The estimated monthly cost of 8 5768 Marine Way, Sechelt is $3,320: $2,414 principal and interest with 20% down over 30 years at 4.45%, plus $428 property tax and $478 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

−$1,108 /month

Mortgage Payment $2,414

Monthly Cash Flow −$1,108

Break Even Down Payment 57%

Cap Rate -2.2%

Cash on Cash -11.1%

If 8 5768 Marine Way, Sechelt were rented at $2,390 a month with 5% vacancy, it would fall $1,108 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 8 5768 Marine Way, Sechelt

$2,390 / month

Rent $2,390

Own $3,320

Principal: $776/mo Interest, tax, insurance, fees: $2,544/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$650/mo (year 1) → ~$1,511/mo (year 20) → ~$2,254/mo (year 29).

Net cost to own at year 5 ~$2,544/mo About $154/mo more than renting

EstateBlock estimates 8 5768 Marine Way, Sechelt would rent for about $2,390 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: 8 5768 Marine Way

Rent vs own

Owning catches up by year 17

With 20% down ($119,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $42,703

Principal paid off by year 10 $96,026

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 8 5768 Marine Way, Sechelt is cheaper at first, but owning catches up by year 17, with $42,703 of principal paid off by year 5 and $96,026 by year 10.