40874 The Cres, Squamish, BC | MLS^® R3058688 Property Details

This beautifully built 8-bedroom, 7-bathroom home offers luxurious living with exceptional flexibility and income potential. Thoughtfully designed with open-concept living, the main floor features a bright, spacious layout with large windows, allowing natural light to flood the home. The modern kitchen is equipped with stainless steel appliances and seamlessly flows into the living and dining areas?perfect for both everyday living and entertaining. Step outside onto the expansive stamped concrete deck and take in the sweeping views?an ideal spot to relax or host guests. This versatile property includes a 2-bedroom suite and a self-contained carriage home, providing excellent mortgage helper opportunities or space for extended family.

General Info

Price $3,150,000

Total Bedrooms 8

Total Bathrooms 6

Half Bathrooms 1

Floor Area Total (sqft) 4197

Lot Size 4980

Lot Size Depth Feet

Lot Size Frontage 56

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2023

Age Of Building 2

Building Type Single Family Residence

Property Type Residential

Architecture Style Carriage/Coach House

Stories 3

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R3058688

Area Squamish

Neighbourhood University Highlands

City Squamish

Gross Taxes $10,182.21

Ownership Type Freehold NonStrata

Maintenance Fee -

Heating & Cooling

Fireplace 1

Heating Type Electric, Heat Pump, Radiant

Cooling Air Conditioning

Utilities

Utility Type Community, Electricity Connected

Utility Sewer Community

Water (WaterSource) Public

Parking

Parking Type Garage Double, Open, RV Access/Parking, Paver Block

Total Parking Spaces 5

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Strata Restrictions -

Rental Restrictions -

Zoning UH-1

Rental Suites Legal Suite

# of Kitchens 1

Flooring Hardwood, Wall/Wall/Mixed

Foundation Concrete Perimeter

Interior Features Central Vacuum, Vaulted Ceiling(s)

Locker -

View Description Mountains

Units In Development -

Exterior Features Balcony, Private Yard

Sewer Community

Roof Asphalt

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Above Level	Primary Bedroom	17'4 x 17'4 ft
Above Level	Walk-In Closet	10'0 x 10'0 ft
Above Level	Bedroom	12'0 x 12'0 ft
Above Level	Bedroom	12'0 x 12'0 ft
Above Level	Den	8'6 x 8'6 ft
Main Level	Living Room	17'0 x 17'0 ft
Main Level	Dining Room	17'0 x 17'0 ft
Main Level	Kitchen	19'6 x 19'6 ft
Main Level	Butlers Pantry	8'0 x 8'0 ft
Main Level	Laundry	11'9 x 11'9 ft
Main Level	Den	8'0 x 8'0 ft
Main Level	Bedroom	12'0 x 12'0 ft
Main Level	Bedroom	11'3 x 11'3 ft
Below	Media Room	17'3 x 17'3 ft
Below	Bedroom	10'6 x 10'6 ft
Below	Bedroom	10'6 x 10'6 ft
Below	Bedroom	10'6 x 10'6 ft
Below	Living Room	16'9 x 16'9 ft

Bathrooms

Floor	Ensuite	Pieces
Above Level	Yes	#5
Above Level	No	#3
Above Level	No	#3
Below	No	#4
Main Level	No	#3

Listed by: Macdonald Realty

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

Squamish Montessori Elementary School

2.81 km

Secondary

Coast Mountain Academy

0.75 km

Closest Transit

Bus Stop

University at The Crescent (NB)

0.19 km

Skytrain

Seabus Station @ Lonsdale Quay

47.60 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

Unlikely

Close to Cemeteries

Unlikely

Welcome to University Highlands, a vibrant community in Squamish, BC

As we walk through the charming streets of University Highlands, you'll notice the perfect blend of nature, amenities, and community spirit. Let's start with the essentials.

Education

Families with kids will love the proximity to Squamish Montessori Elementary School, rated No Rating, located just 2.81 km from this stunning property at 40874 The Crescent, MLS^® R3058688. For Secondary education, Coast Mountain Academy is nearby, also with a No Rating, just 0.75 km away.

Safety

According to the latest crime statistics from Statistics Canada (2020), this neighbourhood has an Average crime rate of 8,556.59, which is comparable to other Canadian cities. The freshest crime data show 1,862 reported disturbances in the area. Let's break it down:

Drug crime rate: Above Average (427.37) with 93 reported incidents in 2020.
Property crime rate: Average (3,818.76) with 831 reported incidents in 2020.
Violent crime rate: Average (1,842.75) with 401 reported incidents in 2020.

Demographics

This community is thriving, with a mix of young professionals and families. You'll notice:

27.5% of residents have a university certificate or degree, which is Above Average in BC.
12% of the population has no certificate or degree, which is Low compared to the average in BC.
Median Household Income: $89,012, which is Above Average in BC.
Median personal income: $40,119, also Above Average in BC.
% of Households with a mortgage: 72.4%, which is High.

Transit

We're just a short stroll from the University at The Crescent (NB) bus station, located 0.19 km away from this property, MLS^® R3058688. Whether you're commuting to work, school, or just want to explore the area, public transportation is readily available.

Lifestyle Amenities

University Highlands offers an excellent quality of life, with:

Easy access to parks, beaches, and trails, perfect for outdoor enthusiasts.
A variety of shopping malls, grocery stores, and restaurants nearby.
A range of healthcare services, including hospitals, just a short drive away.

Real Estate Context

This stunning property at 40874 The Crescent, MLS^® R3058688, is situated in a highly sought-after neighbourhood with:

Average dwelling value: $724,362, which is High compared to other areas in British Columbia.
Average Owner payments: $1,733, which is High in the area.
Tenants are paying $1,304, which is Above Average compared to other cities.

Community Insights

Let's take a closer look at the community:

Average age of the population: 37.5, which is Below Average in comparison to other BC cities.
Average family size: 2.9, which is Average.
% of families with children: 60.3%, which is Average.
% of Married or living common law: 62.5%, which is Above Average.

Unemployment Rate

The unemployment rate in this area is 5.4%, which is Low compared to other province neighbourhoods.

Growth and Development

This community is growing rapidly, with a population change between 2011 and 2016 of 13.7%, which is High compared to average growth rate of this region.

Transportation

We're surrounded by a mix of transportation options, including:

2.7% of the population uses Public Transport, which is Below Average.
85.3% of residents use Cars, which is Average.
4.1% of people use Bicycles, which is High.
6.3% of the population walks, which is Above Average.

Welcome to 40874 The Crescent, Squamish, BC, MLS^® R3058688

This incredible property offers the perfect blend of nature, amenities, and community spirit. Whether you're a first-time buyer, a growing family, or a seasoned investor, University Highlands has something for everyone.