Multi-Family Revenue Property located in Downtown Squamish (CAP Rate of 3.2% annually). Opportunity to build 4-storey Mixed-Use Development. Squamish OCP designation of 2.0 FAR for the site would allow you to build up to 24 condominiums, surface parking with lane access. Great holding income during planning and permitting stage. Quiet neighbourhood with greenspace and trails nearby. Close to restaurants, shopping, parks and the estuary. Call today for more information.
Address
37962 Sixth Avenue
List Price
$3,599,000
Property Type
Residential Income
Type of Dwelling
Quadruplex
Structure Type
Multi Family
Area
Squamish
Sub-Area
Downtown SQ
Bedrooms
9
Bathrooms
4
Floor Area
4,040 Sq. Ft.
Main Floor Area
2020
Lot Size
12000 Sq. Ft.
Lot Size Dimensions
100 x 120.0
Lot Size (Acres)
0.28 Ac.
Lot Features
Greenbelt, Lane Access
Lot Size Units
Square Feet
Total Building Area
4040
Frontage Length
100
Year Built
1974
MLS® Number
R2971655
Listing Brokerage
RE/MAX Masters Realty
Basement Area
None
Postal Code
V0N 3G0
Zoning
MFD
Ownership
Freehold NonStrata
Parking
Additional Parking, Front Access, Lane Access, Gravel
Parking Places (Total)
6
Tax Amount
$6,611.54
Tax Year
2024
Site Influences
Balcony, Greenbelt, Independent living, Lane Access, Private Yard, Shopping Nearby
Community Features
Independent living, Shopping Nearby
Exterior Features
Balcony, Private Yard
Appliances
Washer/Dryer, Washer, Refrigerator, Cooktop
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Baseboard, Electric
Laundry Features
In Unit
Road Surface
Paved
Levels
Two
Number Of Floors In Property
2
Security Features
No Fire Sprinkler System, Smoke Detector(s)
View
Yes
View Type
Coastal Mountains