Investment signal

$3,399,000

37738 THIRD AVENUE

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Beds

Baths

Sqft

Year

Type

Multi-family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Squamish. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

A rare opportunity to secure a high-quality, mixed-use asset in the heart of Downtown Squamish. This 7,871 sf stand-alone building, set on a 12,000 sf lot, offers exceptional versatility for owner-occupiers, investors, or builders looking to position themselves in one of BC's fastest-growing markets. Ideally located just moments from the oceanfront, this CD-zoned property combines commercial, residential & industrial uses under one roof-creating multiple income streams and future redevelopment potential. Inside, the building features over 2,000 sf of office space, an oversized industrial bay with two 14-ft doors & two luxury executive residential suites on the top floor, complete with private elevator access and a massive sundeck overlooking the iconic Stawamus Chief. (id:65958)

Subtype
Multi-family
Living area
7,871 square feet
Lot size
12,000 square feet
Lot dimensions
12000
On market
Apr 29, 2026
Status changed
Apr 29, 2026
Annual tax
$25,492.43 (2025)
Zoning
CD-61
Photos
1
MLS#
C8078311
Area
SQUAMISH
Negative cash flow ~$3,514/mo at these assumptions

Cash on cash

-6.20%

Cap rate

3.62%

GRM

16.7

Break-even rent

$20,699

Financing

Down payment$679,800
Loan amount$2,719,200
Mortgage$13,778/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,558
Insurance$80
Maintenance$2,833
CapEx reserve$1,416
Vacancy loss$850

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Squamish. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $13,778/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 29, 2026.

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