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A rare opportunity to acquire a premier development opportunity in the heart of Downtown Squamish. Located at the corner of Winnipeg St and Third Ave, this 12,000 SF lot is vacant and ready for development. OCP designation is Downtown Commercial Centre, providing a Maximum Floor Area Ratio (FAR) of up to 3, with an estimated 36,000 SF of buildable square feet. The envisioned site is slated for up to 6-storeys, mixed-use development with ground-floor retail or service commercial, and residential above. With the District of Squamish implemented growth management strategy, Squamish is anticipated to become one of BC's fastest growing municipalities. Contact now for additional details.
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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.
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Welcome to 38086 Third Avenue, a stunning property located in the heart of Squamish, BC, MLS® R3061111. As we walk through this incredible neighborhood, I'll share with you the details that make it a perfect fit for your lifestyle.
Let's start with the schools. The closest Elementary independent school to this home is Cedar Valley Waldorf School, with a rating of No Rating, located a convenient 1.73 km away. This school is a favorite among families in the area, and for good reason – its emphasis on creativity and hands-on learning provides a well-rounded education for young minds.
Just down the road, you'll find the Secondary independent school, Coast Mountain Academy, with a rating of No Rating, located 5.95 km from this home. This school is known for its rigorous academic programs and commitment to community service, making it an excellent choice for students looking for a challenging and engaging education.
Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighborhood has an overall crime rate of 8,556.59, which is Average compared to other Canadian cities. While there were 1,862 reported disturbances in the area, the low crime rate provides peace of mind for residents. In fact, the year-over-year change in the total crime rate is a mere 2.24%, indicating a stable and secure environment.
As we explore the property, it's worth noting that the nearest Bus station is Pemberton at Third (WB), located just 0.18 km away from this listing with MLS® R3061111. This convenient access to public transportation makes it easy to get around without a car.
Now, let's dive into the demographics of this neighborhood. With 27.5% of the population holding a university certificate or degree, this area is Above Average compared to other BC neighborhoods. Additionally, 12% of the population has no certificate or degree, which is Low compared to the average in BC. This indicates a highly educated and motivated community.
The median household income in this neighborhood is $89,012, which is Above Average compared to the British Columbia average. Furthermore, the median personal income is $40,119, also Above Average. With 72.4% of households owning a mortgage, this area is considered High in terms of homeownership.
Unemployment rates are also low in this area, with a rate of 5.4, which is Low compared to other province neighborhoods. This stable economy and low unemployment rate make it an attractive location for professionals and families alike.
In terms of population growth, this area has experienced a remarkable 13.7% increase between 2011 and 2016, which is High compared to average growth rates in the region. This indicates a thriving and dynamic community that's perfect for those looking to put down roots.
As we explore the community, you'll notice a diverse range of ages, with an average age of 37.5, which is Below Average compared to other BC cities. This makes it an excellent location for young families, professionals, and retirees alike.
The average value of dwellings in this neighborhood is $724,362, which is High compared to other areas in British Columbia. With average owner payments of $1,733 and tenants paying $1,304, this area is Above Average in terms of affordability.
Finally, let's talk about transportation. With 27.3% of the population renting, this area is Average compared to other BC cities and areas. The majority of residents use Cars (85.3%), which is Average, while 4.1% use Bicycles, which is High, and 6.3% walk, which is Above Average.
In conclusion, 38086 Third Avenue, Squamish, BC, MLS® R3061111, is a stunning property located in a thriving and dynamic neighborhood. With its excellent schools, low crime rate, and diverse demographics, this area is perfect for families, professionals, and retirees alike. Don't miss out on this incredible opportunity to own a piece of this vibrant community.
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