1600 DEPOT ROAD, Squamish
$1,599,000
This 0.01 sqft property in Squamish is a detached single-family home on a lot the new rules make suitable for a multiplex. Under BC's Bill 44 small-scale housing rules, most single-family lots in Metro Vancouver now allow at least three to four homes, and lots near frequent transit can allow up to six. Confirm the exact number for this lot against the city's own zoning.
INVESTOR GEM ALERT! Exceptional income-generating opportunity at 1600 Depot Road in desirable Brackendale! This 8-bedroom, 3-bathroom home currently generates $7,920 per month in rental income. Zoned R-3, the property offers exciting development potential, with the possibility of building two additional strata-titled residences at the rear, benefiting from convenient street access, subject to municipal approvals. Imagine having an established income-producing property helping carry your holding and development costs while you plan and build! Whether you're looking to expand your investment portfolio or capitalize on future development opportunities, this property offers the best of both worlds: strong rental income today and exceptional potential for tomorrow!
How this price compares
This lot asks $159,900,000 per square foot of lot. That is 103685266% above the median of $154 across the 26 active lots VanPlex is showing in Squamish, and puts it 26 of 26 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $1,599,000
- Lot size
- 0.01 sqft
- Lot dimensions
- 0 x
- Frontage
- 0 ft
- Bedrooms
- 8
- Bathrooms
- 3
- Year built
- 1969
- MLS® area
- Brackendale
- MLS® number
- R3175408
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Listing data via MLS®. Displayed for information only.