$1,393,000
38036 SIXTH AVENUE
Beds
—
Baths
—
Sqft
—
Year
1970
About this home
LAND ASSEMBLY - Excellent development opportunity in the core of downtown Squamish. Two adjacent lots at 38024 & 38048 Sixth Ave are available for sale, creating a combined 24,000 sqft development site with 200ft frontage and laneway access available to all lots. These properties are zoned "Downtown Residential" under the Official Community Plan {OCP), multifamily development up to 2.0 Floor Area Ratio {FAR). Geotechnical, Phase l environmental assessment, and a massing study have been completed. Buyers are to verify density and zoning details directly with the DOS. Check out this incredible location in person, close to all amenities of downtown Squamish yet tucked in a quieter area steps from the Squamish estuary and Eaglewind Park. Please do not disturb tenants. (id:65958)
- Subtype
- Vacant Land
- Lot size
- 9,033 square feet
- MLS#
- C8061478
- Area
- SQUAMISH
Cash on cash
-11.50%
Cap rate
3.59%
GRM
16.6
Break-even rent
$9,786
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.