Dave Beattie

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37978 FIFTH Avenue
Downtown SQ Squamish V0N 3G0

$1,800,000
Multi-Family Commercial, Land Commercial

Prop. Type:
Multi-Family Commercial, Land Commercial
MLS® Num:
C8020695
Status:
Active
Build. Type:
Low Rise (2-4 stories)
Home and property are part of a six lot assembly in Downtown Squamish. The Official Community plan has just been updated & adopted by council & this part downtown has gone from an FSR of .6 to 2.0. The property is priced at $125 a square foot based on the potential buildable square footage for this particular lot. With average sales prices of well over $600 a square foot for new construction condos, there are numerous paths to success with this development site. A nice modern home with a laneway garage & home, which will offer income during the holding period. The location is excellent. You are steps away from the recreation of the estuary and steps to the shops, services & increasingly excellent restaurants & cafes of downtown. Squamish remains one of the fastest growing communities in Canada. Perfectly located between the international ski resort of Whistler & Vancouver's North Shore, one of the most expensive real estate markets in Canada, with near zero % vacancy in both markets.
Sale Type:
Asset
Property Type:
Multi-Family Commercial, Land Commercial
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories), Multiple Tenant/Multi-Plex (5+)
Year built:
1989 (Age: 29)
Total Floor Area:
2,750 sq. ft.
Land Use/Zoning:
RS2
Taxes:
$3,850.61 / 2017
Services Connected:
Cable at Lot Line, Electricity at Lot Line, Natural Gas at Lot Line, High Speed Internet Svc at Lot Line, Sanitary sewer at Lot Line, Storm Sewer at Lot Line, City Water at Lot Line
Water Supply:
Municipal
HVAC:
Baseboard
Env Assmt Phase:
None
Larger map options:
Listed by RE/MAX Masters Realty
Listing information last updated on October 15, 2018 at 03:07 AM (UTC)
DAVID BEATTIE
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