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New rental bylaw helps Sunshine Coast bungalow sale Add to ...

5616 MEDUSA PL., SECHELT

ASKING PRICE $479,000

SELLING PRICE $455,000

TAXES $4,623 (2012)

DAYS ON THE MARKET 29

LISTING AND CO-OP AGENTS Bruce Lasuta and Carol Hautala, Prudential Sussex Realty

The Action: This detached, ranch-style bungalow in the village of Sechelt on the Sunshine Coast had only had 10 visitors through its doors before one buyer brought an offer to the negotiation table.

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What They Got: In 2004, the bungalow was custom built on a sloping 59-by-128-foot lot that allowed for 2,579-square-feet of living space split between two units with separate laundry facilities, in-floor hot water heating and granite, hardwood and tile finishes.

The main-floor apartment has three bedrooms and two bathrooms, plus an office, an L-shaped living room, a dining area and kitchen with a walkout to a south-facing deck above the double garage.

The legal basement suite features proper fire doors and interior fire separation, as well as 10-foot ceilings in the den, open entertaining and cooking areas, bedroom and bathroom.

The Agent’s Take: The home is in the downtown core area of Sechelt and, “within easy walking distance to beaches, restaurants, shopping malls and medical facilities,” says agent Bruce Lasuta.

“The buyers purchased the home mainly to provide housing for elderly parents who appreciate the easy access to nearby medical services.”

Buyers also saw the value of the home’s high calibre construction, especially to create a legal basement suite as a recently adopted bylaw allows secondary suites in areas zoned for single-family dwellings.

“More and more families are moving in together to save on housing costs, whether it be adult children returning home or parents moving in with their children,” says Mr. Lasuta.

“If you have a legal suite, it’s more rentable to someone from the outside. When you have unauthorized suites, it’s basically for friends or family,” adds co-listing agent Carol Hautala.

 

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