37861 Third Ave, Squamish BC - Land for Sale - MLS# R3117047

$8,950,000
Est. Mortgage $39,595/mo
0 sqft
$8,950,000
Est. $39,595/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
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Property Details for 37861 Third Avenue

Rare opportunity to acquire a 1.102-acre development site in the heart of Downtown Squamish. The property offers 400 feet of frontage and is designated Mixed Employment under the Official Community Plan, permitting a wide range of commercial, light industrial, office, and residential mixed-use developments with a density of up to 1.7 FSR (approx. 81, 600 SF buildable). Currently improved with a single-storey warehouse, the site is ideally positioned within walking distance to downtown amenities, the waterfront, and the Squamish Estuary trail network. This rare offering presents unmatched scale, flexibility, and future potential in one of British Columbia's fastest-growing communities.

Exterior Features

Structures Land Only

Building Details

Price $8,950,000
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer Available, Storm Sewer Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Cable Connected
Water (WaterSource) Public

Lot & Land

Lot Size 1.1019
Lot Size Depth Feet
Lot Size Frontage 400
MLS® # R3117047
Area Squamish
Neighbourhood Downtown SQ
City Squamish
Postal Code V8B 0R2
Gross Taxes $111,670.66
Zoning I-1

Property Timeline

Status Date Price
R3117047 / Active 04-28-2026 $8,950,000

Listed by: Macdonald Commercial Real Estate Services Ltd.

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.

Map & Neighbourhood

Private Schools

Elementary
Cedar Valley Waldorf School
2.1 km
Secondary
Coast Mountain Academy
6.44 km

Closest Transit

Bus Stop
Second at Main (SB)
0.2 km
Skytrain
Seabus Station @ Lonsdale Quay
43.30 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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 37861 Third Avenue

Mortgage Calculator for 37861 Third Avenue

/month
Principal & Interest
Property Taxes $9,306
Maintenance fee 0
Financing 80% of the $8,950,000 asking price over 30 years at 4% results in approximately $43,489/month in total estimated carrying costs, $9,306 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $18,616/month in rental income, leaving a -$25,370/month cashflow at current carrying costs. Investors targeting break-even would need roughly 80% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Downtown SQ, Squamish

Beds Home Types Square Feet Lot Size Year Built
This Home $8,950,000
Squamish Loading...
Downtown SQ Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Squamish, similar properties average $8,275,000 across 2 active listings — this listing is 8.2% above the Squamish average.

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

Listing Agent & Brokerage

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

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