$749,900 GREY
5700 Trident Ave, Sechelt
3 bd · 3.0 ba · 1,577 sqft
· 7,405 sqft lot
· built 1992
· 118 DOM · MLS R3107350
Listing: Redfin search · fetched 2026-08-03T07:15
Description
Welcome to this updated 3-bed, 2-bath rancher located in the heart of Sechelt. This smart-equipped, one-level home features a bright, open-concept layout with vaulted celings & new windows that bring in the natural light. The home has been updated with a new kitchen featuring quartz countertops, fresh paint, updated bathrooms & new flooring throughout. The attached double garage has been transformed into a flexible living space - perfect as a 4th bedroom, home office or private guest suite. Enjoy easy indoor-outdoor living with a beautifully landscaped, fully fenced front & back yards. Located within walking distance to Sechelt's beaches, parks, shops & everyday amen
From listing remarks (RE/MAX Oceanview Realty)
Rating 15 /100
| Equity | 1.1/40 | -80,215 vs limit (-9.4% of ARV) | |
| Cash flow | 0/30 | -1,217/mo | |
| Suite-arb | 10.7/15 | zone permits a suite; other conditions short | |
| Motivation | 3.0/15 | 118d on market, no cuts — anchored seller |
Offer case
Price can't fix this. rent test — needs 3,413/mo vs 3,000 estimated. Price cannot fix this; only higher rent (a suite) or a lower ARV would.
EVIDENCE
- Coast-wide, homes sell at 97.6% of list — a 2.4% discount is simply normal here.
- 118 days on market vs a 59-day median — but ZERO price cuts, so this reads as an anchored seller, not a motivated one.
Support score 0.08 — evidence weight that this seller
would entertain the discount. Not a prediction; a checklist with numbers.
The four tests
Equity — FAIL
(price + $40,000 reno + PTT+legal closing) <= 85% x ARV
all-in = $749,900 + $40,000 + $15,498 = $805,398
ARV = $853,157 → limit = 85% × ARV = $725,183
margin = $-80,215
Rent — FAIL
est. rent >= 0.40% x ARV
est. rent = $3,000/mo (whole house (3bd) $3,000)
floor = 0.4% × ARV $853,157 = $3,413/mo
rents table: Sechelt · as of 2026-08-02
Cash flow — FAIL
rent - carrying >= -800/mo (PM-managed, typical rent, at ask)
payment $3,004 (loan $599,920 @ 4.4%/30y)
+ tax $455 (mls) + ins $158 + maint $150 + vac $180 + PM $270
carrying = $4,217/mo · rent $3,000 → cash flow = $-1,217/mo (floor $-800)
Suite-arb — FAIL
zone permits suite AND sqft >= 1,900 AND no suite language AND $/sqft < community median
zone R-4 suite:yes · sqft 1,577 (min 1,900)
suite language: no · $/sqft 476 vs median 489
Scored 2026-08-03T08:58 · thresholds from criteria.yaml
Cash-flow scenarios $/mo · hover a cell for carrying cost
| Price | $3,000 typical self-managed |
$3,000 typical PM |
$3,450 high self-managed |
$3,450 high PM |
|---|---|---|---|---|
| $749,900 | −$947 | −$1,217 | −$547 | −$857 |
| $712,405 −5.0% | −$797 | −$1,067 | −$397 | −$707 |
| $686,158 −8.5% | −$692 | −$962 | −$291 | −$602 |
Rents: rents.yaml as of 2026-08-02 · financing from criteria.yaml
Comps & ARV
ARV $853,157 — median $/sqft of 3 renovated sales within 3.0km (3 priced from list x measured sale ratio — registration lag) · confidence medium ($/sqft used: 541)
| Sold | Dist | Sqft | Price | $/sqft | Date | Reno |
|---|---|---|---|---|---|---|
| 5750 Spindrift St | 0.61 km | 1,176 | ~$556,092 | 473 | 2026-05-10 | ✓ |
| 5641 Nickerson Rd | 2.7 km | 1,487 | ~$804,870 | 541 | 2026-03-06 | ✓ |
| 6307 Homestead Ave | 2.76 km | 1,403 | ~$775,602 | 553 | 2026-01-24 | ✓ |
| ~ = final list price used as sale proxy (BC title registration lags ~6-12 mo) | ||||||
Solds from Redfin sold-search + public-records sale prices (belowTheFold)
Price & sale history
Seller basis: $795,000, 2022-08-19 — asking -5.7%
| 2026-08-03 | new | 749900 first seen at $749,900 |
| 2026-06-01 | Price Changed | $749,900 GVR |
| 2026-04-07 | Listed | $779,000 GVR |
| 2022-08-19 | Sold (Public Records) | $795,000 Public Records |
| 2022-06-13 | Listed | $799,000 GVR |
| 2017-08-28 | Sold (Public Records) | $419,000 Public Records |
| 2017-04-13 | Listed | $459,900 GVR |
| 2013-10-30 | Delisted | TREB |
| 2012-11-25 | Listed | $319,000 TREB |
| 2012-11-23 | Delisted | TREB |
| 2011-12-05 | Listed | $319,000 TREB |
| 2005-08-16 | Sold (Public Records) | $218,500 Public Records |
| 2005-06-06 | Listed | $228,000 GVR |
| 2003-05-16 | Sold (Public Records) | $150,100 Public Records |
| 2003-03-17 | Listed | $149,000 GVR |
History: Redfin belowTheFold · fetched 2026-08-03T07:46
· events observed by Coastwatch
Zoning & land
R-4 — Urban Infill Residential suite OK
Sechelt R-4 Urban Infill, one of the post-Bill-44 SSMUH zones. Secondary Suite is a named accessory use, and density is capped by combination rather than lot size: a single-detached dwelling with a secondary suite PLUS two detached accessory dwelling units, or a triplex plus one detached ADU, or a fourplex, or four townhouses, or a four-unit cottage court. FAR 1.5. A detached ADU is capped at 120 m2; a secondary suite has NO floor area cap (s.2.3.1). Confirm servicing capacity. [Bylaw 580 s.1.4.2-1.4.4, s.2.3]
| PID | 017-697-174 |
|---|---|
| Parcel | 5700 TRIDENT AVE (Sechelt) |
| Wastewater | District of Sechelt sewer service |
| Water | Chapman system |
| Fire protection | Sechelt FPA |
District of Sechelt Zoning Bylaw 580 (gis.sechelt.ca) · fetched 2026-08-03T05:46 · meanings from zoning_rules.yaml (verify before relying)
Assessment
| Assessed total | $710,000 |
|---|---|
| Land / improvements | $474,000 / $236,000 (67% land — the higher, the more the value is in the dirt) |
| Assessed / ask | 0.95 |
| BCA folio | 570.00071.100 |
BC Assessment via SCRD parcel layer · fetched 2026-08-03T06:45
Open questions
- 118 days on market — ask the listing agent why it hasn't moved.