101 39771 Government Rd, Squamish, BC | MLS^® R3063506 Property Details

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, laundry room. Attached are photos of the Live/Work spaces at Breeze. The address is 39771 Government Rd.

General Info

Price $3,199,500

Total Bedrooms 12

Total Bathrooms 12

Half Bathrooms 0

Floor Area Total (sqft) 3084

Lot Size 3084

Lot Size Depth Feet

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2021

Age Of Building 4

Building Type Other

Property Type Residential Income

Architecture Style Live/Work Studio

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Amenities Bike Room, Maintenance Grounds, Management, Snow Removal

Building Features BuildingFeatures

Structures Multi Family

Additional Details

MLS^® # R3063506

Area Squamish

Neighbourhood Northyards

City Squamish

Gross Taxes $10,379.44

Ownership Type Freehold Strata

Maintenance Fee $1,897.83

Community Features Shopping Nearby

Amenities Nearby Bike Room, Maintenance Grounds, Management, Snow Removal

Heating & Cooling

Fireplace -

Heating Type Baseboard

Utilities

Utility Type Electricity Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Under Building, Guest, Garage Door Opener

Total Parking Spaces -

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns

Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Rental Restrictions -

Zoning C-10

Rental Suites None

# of Kitchens 12

Flooring Laminate, Mixed, Tile

Foundation Concrete Perimeter, Slab

View Description Mountain Views

Units In Development -

Exterior Features No Outdoor Area

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Roof Concrete

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Kitchen	8' x 8' ft
Main Level	Kitchen	8' x 8' ft
Main Level	Bedroom	13' x 13' ft
Main Level	Bedroom	13' x 13' ft
Main Level	Bedroom	13' x 13' ft
Main Level	Bedroom	13' x 13' ft
Main Level	Kitchen	8' x 8' ft
Main Level	Bedroom	13' x 13' ft
Main Level	Bedroom	13' x 13' ft
Main Level	Kitchen	8' x 8' ft
Main Level	Bedroom	13' x 13' ft
Main Level	Bedroom	13' x 13' ft
Main Level	Kitchen	8' x 8' ft
Main Level	Bedroom	13' x 13' ft
Main Level	Bedroom	13' x 13' ft
Main Level	Kitchen	8' x 8' ft
Main Level	Bedroom	19' x 19' ft
Main Level	Bedroom	13' x 13' ft
Main Level	Kitchen	8' x 8' ft
Main Level	Kitchen	8' x 8' ft
Main Level	Kitchen	8' x 8' ft
Main Level	Kitchen	8' x 8' ft
Main Level	Kitchen	8' x 8' ft
Main Level	Kitchen	8' x 8' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#3
Main Level	Yes	#3
Main Level	No	#3
Main Level	Yes	#3
Main Level	No	#3

Listed by: Engel & Volkers Whistler

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS^® which assumes no responsibility for its accuracy.

Neighborhood Info

Private Schools

Elementary

Squamish Montessori Elementary School

0.89 km

Secondary

Coast Mountain Academy

4.11 km

Closest Transit

Bus Stop

Government at Edgewater (EB)

0.04 km

Skytrain

Seabus Station @ Lonsdale Quay

46.89 km

Noise/ Power Lines

Road/Hwy Noise

Unlikely

Railway/Sky train Noise

Unlikely

Airport/Port Noise

Unlikely

Close to major Power Lines

Unlikely

Other

Agricultural Land Reserve (ALR)

Unlikely

Flood Area

Possible

Close to Cemeteries

Unlikely

Welcome to 101 39771 Government Road in the beautiful community of Squamish, BC

As we step into this stunning property, you'll be surrounded by the breathtaking natural beauty of the Canadian Rockies. Located in the heart of Squamish, this home offers the perfect balance of outdoor adventure and urban convenience.

Education

Let's start with the most important aspect of any community: education. For families, the proximity to quality schools is a top priority. The closest Elementary independent school to this home is Squamish Montessori Elementary School, rated No Rating, located just 0.89 km away. This school provides a nurturing environment that fosters creativity, critical thinking, and a love for learning. Just down the road, you'll find Coast Mountain Academy, a Secondary independent school with a No Rating, located 4.11 km from this home.

Safety

When it comes to safety, we want to ensure that our clients feel secure and protected. According to Statistics Canada's 2020 report, the neighbourhood surrounding this property has an average crime rate of 8,556.59 incidents per 100,000 population. This is comparable to other Canadian cities, and we're happy to report that the overall crime rate has decreased by 2.24% year-over-year. Additionally, the drug crime rate is above average, with a rating of 427.37, and the property crime rate is average, with a rating of 3,818.76.

Demographics

Let's take a closer look at the demographics of this community. According to the latest data, 27.5% of the population holds a university certificate or degree, which is above average in comparison to other BC neighbourhoods. On the other hand, 12% of the population has no certificate or degree, which is low compared to the average in BC. The median household income in this area is $89,012, which is above average in comparison to the British Columbia average. The median personal income is $40,119, also above average, and the percentage of households with a mortgage is 72.4%, which is high.

Transit

Getting around is easy in this neighbourhood, with the closest bus station, Government at Edgewater (EB), located just 0.04 km away from this property. This convenient location makes it easy to hop on the bus and explore the surrounding area or commute to work.

Lifestyle Amenities

This community has plenty to offer when it comes to lifestyle amenities. The average size of families in the area is 2.9, which is average in comparison to the whole region. The percentage of families with children is 60.3%, which is also average. The average age of the population is 37.5, which is below average in comparison to other BC cities. The average value of dwellings in this neighbourhood is $724,362, which is high compared to other areas in British Columbia.

Real Estate Context

This property is a great investment opportunity, with average owner payments of $1,733 and tenants paying $1,304, which is above average in comparison to other cities. The percentage of renters in this area is 27.3%, which is average in comparison to other BC cities and areas. The average ownership period is 10.5 years, which is below average.

Additional Insights

This community is a great fit for families, outdoor enthusiasts, and those who want to live in a vibrant, urban environment. The proximity to quality schools, outdoor recreation opportunities, and urban amenities makes it an attractive option for anyone looking to call Squamish home. As a local realtor with extensive knowledge of the area, I can assure you that this property is a great investment opportunity. Don't hesitate to contact me to schedule a viewing and make this beautiful property yours.

MLS^® R3063506

This stunning property is located at 101 39771 Government Road, Squamish, BC, and is listed on the MLS as R3063506. If you're looking for a home that offers the perfect balance of outdoor adventure and urban convenience, look no further. Contact me today to schedule a viewing and make this property yours.

Additional Information

For more information about this property or to schedule a viewing, please don't hesitate to contact me. I'd be happy to provide you with additional insights and answer any questions you may have.