Home Squamish, BC Downtown SQ 37861 Third Avenue

Photos

Exterior photo of 37861 Third Ave, Squamish, BC – MLS® R3175560

Exterior Rear Photo of 37861 Third Avenue, Squamish, BC

Living Room Photo of 37861 Third Avenue, Squamish, BC

Family Room Photo of 37861 Third Avenue, Squamish, BC

Dining Area Photo of 37861 Third Avenue, Squamish, BC

Kitchen Photo of 37861 Third Avenue, Squamish, BC

Kitchen Island Photo of 37861 Third Avenue, Squamish, BC

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^® #	R3175560
Area	Squamish
Neighbourhood	Downtown SQ
City	Squamish
Postal Code	V8B 0R2
Gross Taxes	$111,670.7
Zoning	I-1

Property Timeline

Status	Date	Price
R3175560 / Active	10-10-2026	$8,950,000
to view full Property History (1 earlier record)

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
Squamish Waldorf School: Above Average 2.1 km 10/10
Secondary
Coast Mountain Academy: Average 6.44 km 6/10

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

Sell Speed & Competition

54 / 100

Overall sell-speed score

Moderate pace expected

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Price competition grade

No comparable data

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Possible — flood zone

Railway / Skytrain noise

Unlikely — 43.30 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How DOWNTOWN SQ compares

This property

5 DOM

Very fast

Downtown SQ avg

41 DOM

Average

Squamish avg

41 DOM

Slower market

37861 Third Avenue has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. The local market is currently a Balanced Market with a sales-to-active ratio of 16.1% and an area average of 41 days on market — conditions are balanced. With only 87 competing homes currently listed, this property has moderate competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V8B 0R2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V8B 0R2, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Elevated Risk

Located within a designated flood hazard area. Higher likelihood of localized high-water events over the next 30 years.

Fire Moderate-High

Located within the "Squamish" WUI zone (Risk Class 2 — Moderate-High). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.7 µg/m³ — meets WHO 2021 guideline. Nearest station: Squamish Elementary, Squamish (~1.1 km). Annual avg AQHI 1.5 — Low Risk.

Heat Low

Squamish currently sees ~0 days above 30 °C per year (1981–2010 baseline), projected to rise to ~3 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~28.4 °C baseline, ~30.8 °C projected. Tropical nights (>18 °C): ~0 baseline, ~0 projected.

Precipitation Increasing

Annual precipitation ~2413 mm (1981–2010 baseline), projected ~2529 mm by the 2050s. Extreme 1-day rainfall: ~78.3 mm baseline, ~85.9 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~20 days baseline, ~21 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Shopping (20 nearby)

Pure gift boxes · 254 m · Gift Shop
Squamish pharmacy · 381 m · Pharmacy
Queen bee boudoir · 447 m · Clothes

Restaurants (18 nearby)

The buvette · 75 m · Restaurant
Fox and oak · 242 m · Fast Food
The salted vine · 340 m · Restaurant

Groceries (7 nearby)

Howe sound brew pub · 206 m · Beverages
Lucas teas · 468 m · Beverages
Stong's market · 563 m · Supermarket

Cafes (5 nearby)

Parkside cafe · 360 m · Cafe
Island oasis · 382 m · Cafe
Tuba cafe · 603 m · Cafe

Transit (5 nearby)

Bus stop second at main (sb) · 195 m · Transit
Bus stop cleveland at victoria (nb) · 362 m · Transit
Bus stop cleveland at winnipeg (nb) · 629 m · Transit

Healthcare (2 nearby)

Squamish pharmacy · 383 m · Healthcare
Shoppers drug mart · 719 m · Healthcare

Schools NearBy

6 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
St'a7mes School	Public	Grades Served —	Catchment Info —	N/A	Distance 1.13 KM
Sea to Sky Alternative School	Public	Grades Served 9-12	Catchment Info —	2.4 / 10	Distance 1.14 KM
Howe Sound Secondary School	Public	Grades Served 10-12	Catchment Info —	5.8 / 10	Distance 1.27 KM
Les Aiglons	Public	Grades Served —	Catchment Info —	6.5 / 10	Distance 1.34 KM
Squamish Waldorf School	Independent	Grades Served —	Catchment Info —	10.0 / 10	Distance 2.10 KM
Valleycliffe Elementary	Public	Grades Served —	Catchment Info —	6.6 / 10	Distance 2.66 KM

Walkability & Transit Near 37861 Third Avenue

Car-Dependent 70

Walk Score - Very Walkable

Most errands can be accomplished on foot

Some Transit 39

Transit Score - Some Transit

A few nearby public transportation options

Somewhat
Bikeable 74

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 37861 Third Avenue

/month

Principal & Interest

Property Taxes $9,306

Maintenance fee 0

A 20% down payment of $1,790,000 on this $8,950,000 listing yields an estimated mortgage of $34,183/month (30-year fixed, 4%). Total estimated housing cost: $43,489/month, $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.

Investment Cashflow Calculator

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

With $17,685/month in estimated rental income against $43,986/month in mortgage payments, the monthly cashflow is -$26,301/month. A 82% down payment would reach break-even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 37861 Third Avenue, Squamish

Buy Vs Rent Calculator

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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.