40267 GOVERNMENT ROAD, Squamish
$1,150,000
This 11,811 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.
This is an interesting option for getting into the market. This historic property was once a "Teacherage" for the Mamquam Elementary School teachers, located just across the street. It is a non-stratified duplex, 2 separate suites side by side, with one title. Situated on an 11811 sq ft lot, its over a 1/4 acre of land. Currently tenanted with month to month tenancies. Great location, steps to school, close to Highlands Mall, golf course and easy access to Hwy 99. Current zoning is Residential-3.
How this price compares
This lot asks $97 per square foot of lot. That is 37% below the median of $154 across the 28 active lots VanPlex is showing in Squamish, and puts it 5 of 28 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
- $1,150,000
- Lot size
- 11,811 sqft
- Lot dimensions
- 120 x
- Frontage
- 120 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1962
- MLS® area
- Garibaldi Estates
- MLS® number
- R3178381
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Listing data via MLS®. Displayed for information only.