39771 Government Road, Squamish BC V8B 0G3

Squamish, Northyards

12 bed

12 bath

3,084 sqft

Other

Built in 2021

3,084 sqft lot

1 parking

Pets allowed

Freehold Strata

C-10 zone

Public remarks

POSITIVE CASH-FLOW INCOME PROPERTY. An Opportunity to own these 12 Live-work units as one investment. These self-contained rental spaces that can be used for office or residential purposes, The property provides substantial revenue with positive cash flow even with today’s high interest rates. More details are available upon request. Ideal for staff housing. Great location, easy access to Highway 99, coffee shops, biking and hiking trails nearby. Cap rate 5.5 or higher. Surrounded by parks, Nice laundry room. Attached are photos of the Live/Work spaces at Breeze. The address is 39771 Government Rd.

Private remarks

For more information, please text or call Angie at 778-318-5900. Measurements taken from architectural drawings. The property is currently leased to 12 different tenants. Each has a 1 yr lease that expired this summer. Average rent is $1,675 for a total of $20,100/mth gross income. These are very affordable for 2 people to share, it could accommodate another bunk bed.

Buyer agency compensation

3% on the 1st $100,000 and 1.15% on the balance

Northyards Neighbourhood

$3,250,000 ($1,053/sqft)

Active

Listed

03/03/2025

Expiry date

Original price

Gross taxes (2024)

$12,899.33

Property transfer tax

$80,500.00

Association fees

$1,547.87

Last Updated: 03/13/2025 02:24 PM

Courtesy of Engel & Volkers Whistler

39771 Government Road Details

Above Grade Finished Area: 3084
Appliances: Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Architectural Style: Live/Work Studio
Association Amenities: Bike Room, Maintenance Grounds, Management, Snow Removal
Association Fee: 1547.87
Association Yn: true
Basement: None
Bathrooms Full: 12
Bathrooms Half: 0
Bathrooms Total Integer: 12
Bedrooms Total: 12
Below Grade Finished Area: 0
Bridge Modification Timestamp: 2025-03-13T21:24:00.511Z
Building Area Total: 3084
Buyer Agency Compensation: 3% ON THE 1ST $100,000 AND 1.15% ON THE BALANCE
City: Squamish
Common Interest: Condominium
Community Features: Shopping Nearby
Construction Materials: Frame Wood, Other (Exterior), Wood Siding
Country: CA
Expiration Date: 2025-09-01
Exterior Features: No Outdoor Area
Feed Types: IDX, VOW
Flooring: Laminate, Mixed, Tile
Foundation Details: Concrete Perimeter
Garage Yn: true
Heating: Baseboard
Heating Yn: true
Idx Participation Yn: true
Internet Address Display Yn: true
Internet Entire Listing Display Yn: true
Latitude: 49.729487
Laundry Features: In Unit
List Agent Key: d5a0ed64cc8d4fd39421f9453db0bce3
List Agent Key Numeric: 50501
List Agent MLS: V73632
List Aor: Greater Vancouver
List Office Key: a0541a5eddacb770e6f454ccf9b1b83e
List Office Key Numeric: 2898
List Office MLS: V004795
List Price: 3250000
Listing Contract Date: 2025-03-03
Listing: R2974261
Listing Key: 8d33d9c34a21f679db781cd6bfa85d0b
Listing Key Numeric: 262995888
Living Area: 3084
Longitude: -123.150745
Lot Features: Central Location, Near Golf Course, Marina Nearby, Recreation Nearby, Ski Hill Nearby
Lot Size Acres: 0.07
Lot Size Area: 3084
Lot Size Square Feet: 3084
Lot Size Units: Square Feet
Main Level Bathrooms: 12
MLS Area Major: Squamish
MLS Area Minor: Northyards
MLS Status: Active
Modification Timestamp: 2025-03-13T17:55:24.400Z
Original Entry Timestamp: 2025-03-05T23:21:00.200Z
Original List Price: 3250000
Originating System Name: GVR – FVREB – CADREB – BCNREB – Resi
Ownership: Freehold Strata
Parcel Number: 031527787
Parking Features: Garage Under Building, Guest, Garage Door Opener
Parking Total: 1
Pets Allowed: Yes
Photos Change Timestamp: 2025-03-05T23:22:41.589Z
Photos Count: 15
Postal Code: V8B 0G3
Property Sub Type: Other
Property Type: Residential Income
Roof: Concrete
Room Bathroom2 Level: Main
Room Bathroom3 Level: Main
Room Bathroom4 Level: Main
Room Bathroom5 Level: Main
Room Bathroom Level: Main
Rooms Total: 24
Security Features: Fire Sprinkler System, Smoke Detector(s)
Sewer: Public Sewer, Sanitary Sewer, Storm Sewer
Showing Contact Name: Angie Vazquez PREC
Source System Key: 262995888
Standard Status: Active
State Or Province: BC
Status Change Timestamp: 2025-03-05T08:00:00.000Z
Stories: 1
Street Name: Government
Street Number: 39771
Street Suffix: Road
Structure Type: Multi Family
Subdivision Name: The Breeze
Tax Annual Amount: 12899.33
Tax Legal Description: STRATA LOT 72 SECTION 3 TOWNSHIP 50 NEW WESTMINSTER DISTRICT STRATA PLAN EPS3776 TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM V
Tax Year: 2024
Unparsed Address: 39771 Government Road, Squamish BC V8B 0G3
Utilities: Electricity Connected, Water Connected
View Yn: true
Water Source: Public
Year Built: 2021
Zoning: C-10

39771 Government Road History

Address	MLS®	Changed	List date	Status	List price	Close price	List agent	List office
39771 Government Road	R2974261	03/13/2025 02:24 PM	03/03/2025	Active	$3,250,000	Login to view	Angie Vazquez PREC*	Engel & Volkers Whistler
39771 Government Road	R2859730	09/16/2024 01:18 AM	03/14/2024	Expired	$3,498,000	Login to view		Engel & Volkers Whistler
39771 Government Road	R2773688	11/02/2023 01:20 AM	05/02/2023	Expired	$3,350,000	Login to view		Engel & Volkers Whistler
101 39771 Government Road	R2735905	10/21/2023 05:24 AM	10/31/2022	Expired	$3,350,000	Login to view		Engel & Volkers Whistler