38086 Third Ave, Squamish, BC, MLS® R3061111

$4,950,000
Est. Mortgage /mo

NEW

$4,950,000
Est. Mortgage /mo
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
0 Stories
lot 12000 sqft
0 sqft
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38086 Third Ave, Squamish, BC | MLS® R3061111 Property Details

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.

General Info

Price $4,950,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 12000
Lot Size Depth Feet
Lot Size Frontage 100
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Building Features BuildingFeatures
Structures Land Only

Additional Details

MLS® # R3061111
Area Squamish
Neighbourhood Downtown SQ
City Squamish
Gross Taxes $11,014.13
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer Available, Storm Sewer Available, Electricity Available, Natural Gas Available, Phone Nearby, Cable Available
Water (WaterSource) Public

Parking

Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning R-1
Rental Suites -
# of Kitchens -
Locker -
View -
View Description -
Units In Development -

Property History

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Status Date Price

Listed by: Rennie & Associates Realty Ltd.

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.

Neighborhood Info

Private Schools

Elementary
Cedar Valley Waldorf School
1.73 km
Secondary
Coast Mountain Academy
5.95 km

Closest Transit

Bus Stop
Pemberton at Third (WB)
0.18 km
Skytrain
Seabus Station @ Lonsdale Quay
43.67 km

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
Possible
Close to Cemeteries
Unlikely

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.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $4,950,000
Squamish $899,300
Downtown SQ No comparables
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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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