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Legal suite

$1,539,000

38850 BUCKLEY AVENUE

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Beds

Baths

Sqft

—

Year

1964

Type

Single Family

Suite

Legal suite

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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

This prime, well-proportioned, flat lot is just over 13,200 SF, zoned RS-2 and is supported by new legislation allowing for 4 units plus one legal suite. The existing house is perfect for holding with a home in very livable condition. Move in yourself or receive income from two suites in place with good tenants. Located at a perfect distance from busy downtown Squamish, this area offers the convenience of a comfortable walk to essential amenities. It's an ideal spot for Squamish's young families, just a short stroll from Squamish Elementary School, Howe Sound Secondary School, daycare, grocery stores, coffee shops, trails, and recreational activities. (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: House
Common interest: Freehold
Living area: 3,114 square feet
Lot size: 13,201 square feet
Lot dimensions: 13201
Parking: 6 total
Fireplace: 1
On market: Jan 8, 2026
Status changed: Apr 23, 2026
Annual tax: $5,007.86 (2023)
Photos: 15
MLS#: R3077356
Area: SQUAMISH

Features and systems

Parking

CarportRV

Appliances

All

Heating

Forced airOil

Lot

Central location

View

Negative cash flow ~$184/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-0.72%

Cap rate

4.72%

GRM

13.9

Break-even rent

$9,418

Financing

Down payment$307,800

Loan amount$1,231,200

Mortgage$6,238/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$705

Insurance$80

Maintenance$1,283

CapEx reserve$641

Vacancy loss$461

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.

Mortgage estimate

Estimated $6,238/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 23, 2026.