206 5711 Mermaid St, Sechelt BC - Apartment/Condo for Sale - MLS# R3084684

$429,900
Est. Mortgage $1,902/mo
2 Beds
1 Baths
1002 sqft
429 $ /sqft
487.78 $ Maint. fee
1994 built
10.4% price reduction, 78.88% cheaper than comparables
$429,900
$479,900
Est. $1,902/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

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Property Details for 206 5711 Mermaid Street

10.4% price reduction 78.88% cheaper than comparables

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 $429,900
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 $487.78
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
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 $429,900
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.

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

74 / 100
Overall sell-speed score
Likely within weeks
A+
Price competition grade
Avg comparable: $769,005
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
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
161 DOM
Listed
Sechelt District avg
Sechelt avg

206 5711 Mermaid Street has a sell-speed score of 74/100, placing it in the "Expected to sell within weeks" band. The listing is priced 78.9% below comparable active properties in Sechelt District, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 206 5711 Mermaid Street

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 487.78
Financing 80% of the $429,900 asking price over 30 years at 4% results in approximately $2,454/month in total estimated carrying costs, $324 property tax, $488 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.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $1,715/month in rental income, leaving a -$789/month cashflow at current carrying costs. Investors targeting break-even would need roughly 59% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Sechelt District, Sechelt

Beds Home Types Square Feet Lot Size Year Built
This Home $429,900
Sechelt Loading...
Sechelt District Loading...

Based on 8 comparable active apartments/condos in Sechelt District, the average asking price is $665,444. This listing is priced 35.4% below the neighbourhood average. This property is flagged as a Hot Deal (10.4% price reduction, 78.88% 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ 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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