38012 FIFTH AVENUE, Squamish
$1,699,000
This 6,014 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.
Located in the heart of downtown Squamish, this home has been tastefully renovated from top to bottom. Featuring a new roof, new flooring throughout, 2 new kitchens, added storage spaces that will actually fit your toys and gear plus 5 parking spots. The house consists of 3 separate living spaces that easily allow for income potential combined with a licensed suite and a valid AirBnB license. The main floor features 3 generous bedrooms with an open living, dining & kitchen space allowing your AirBnB guests to rest and recharge between adventures. Upstairs, you’ll find a functional layout with 3 bedrooms, a new kitchen and a large covered back balcony either for entertaining or to work on your side projects. The options are endless.
How this price compares
This lot asks $283 per square foot of lot. That is 83% above the median of $154 across the 27 active lots VanPlex is showing in Squamish, and puts it 27 of 27 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
- $1,699,000
- Lot size
- 6,014 sqft
- Lot dimensions
- 52.13 x 120.10
- Frontage
- 52.13 ft
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- 1975
- MLS® area
- Downtown SQ
- MLS® number
- R3169475
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Listing data via MLS®. Displayed for information only.