9 bed
4 bath
4,040 sqft
Quadruplex
Built in 1974
12,000 sqft lot
6 parking
Freehold NonStrata
MFD zone
Public remarks
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.
Private remarks
Currently generating $11,000 /month rental income. All measurements to be confirmed by Buyer/ Buyer's Agent if deemed necessary. Great development opportunity (FAR 2.0). Call Sean Brawley (604-849-0500) for more information and to schedule showings.
Buyer agency compensation
1.2%
$3,599,000 ($890/sqft)
Active
Listed
02/27/2025
Expiry date
Original price
Gross taxes (2024)
$6,611.54
Property transfer tax
$97,950.00
Last Updated: 02/27/2025 10:02 PM
Courtesy of RE/MAX Masters Realty
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
37962 Sixth Avenue | R2971655 | 02/27/2025 10:02 PM | 02/27/2025 | Active | $3,599,000 | Login to view | Sean Brawley PREC* | RE/MAX Masters Realty |
37962 Sixth Avenue | R2899924 | 01/01/2025 02:04 AM | 06/27/2024 | Expired | $3,599,000 | Login to view | RE/MAX Masters Realty |