26.0% price reduce

38048 Sixth Ave, Squamish, BC

$1,552,000
Est. Mortgage /mo

MLS® R2899869

3 Beds
1 Baths
1365 sqft
1137 $ /sqft
1950 Built
$1,552,000
$2,098,000
Est. /mo with 20% down
$1,137/sqft · Tax $4,127/2023
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

26.0% price reduce

LAND ASSEMBLY - Excellent development opportunity in the core of downtown Squamish. Two adjacent lots at 38024 & 38036 Sixth Ave are available for sale, creating a combined 24,000 sqft development site with 200ft frontage and laneway access available to all lots. These properties are zoned "Downtown Residential" under the Official Community Plan (OCP), multifamily development up to 2.0 Floor Area Ratio (FAR). Geotechnical, Phase 1 environmental assessment, and a massing study have been completed. Buyers are to verify density and zoning details directly with the DOS. Check out this incredible location in person, close to all amenities of downtown Squamish yet tucked in a quieter area steps from the Squamish estuary and Eaglewind Park. Please do not disturb tenants.

General Info

Price $1,552,000
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1365
Lot Size 8995
Lot Size Depth Feet
Lot Size Frontage 75
Basement None
Basement Features -

Property Metrics

Year Built 1950
Age Of Building 75
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features -
Structures Residential Detached

Additional Details

MLS® # R2899869
Building Name -
Area Squamish
Neighbourhood Downtown SQ
City Squamish
Postal Code V0N 3G0
Price per Sqft $1,137
Gross Taxes $4,127.05
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 1
Heating Type Electric, Natural Gas

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Double, Rear Access, Asphalt
Total Parking Spaces 2
Listed by: Macdonald Realty

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 & Transit Info

Private Schools

Elementary
Cedar Valley Waldorf School
2.01 km
Secondary
Coast Mountain Academy
6.11 km

Closest Transit

Bus Stop
Pemberton at Third (WB)
0.41 km
Skytrain
Seabus Station @ Lonsdale Quay
43.80 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Average
27.5%
No Certificate/Degree
Below Average
12%
Owner Occupied
Average
72.4%
Employment Rate
Average
60.3%

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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $344
Maintenance fee 0
A 20% down payment of $310,400 on this $1,552,000 listing yields an estimated mortgage of $5,928/month (30-year fixed, 4%). Total estimated housing cost: $6,272/month, $344 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
With $4,196/month in estimated rental income against $6,433/month in mortgage payments, the monthly cashflow is -$2,237/month. A 51% down payment would reach break-even.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $1,552,000
Squamish Loading...
Downtown SQ Loading...
No active comparables are currently available for this property type in Squamish. Pricing context may be limited at this time. This property is flagged as a Hot Deal (26.0% price reduce) based on its competitive pricing and market demand.
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Property FAQs

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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