Home Squamish, BC Downtown SQ 401 38040 Third Avenue

401 38040 Third Ave, Squamish BC – Condo for Sale – MLS® R3174434

401 38040 Third Avenue, Squamish, British Columbia V8E 0B3

Squamish Condos for Sale

4 days on the market

$984,900

Est. Mortgage $4,357/mo

Listing updated: Oct 12, 2026 at 02:58am

EstateBlock checked: Oct 12, 2026 at 11:40pm

Arte

3 Beds

2 Baths

1075 sqft

916 $ /sqft

483.75 $ Maint. fee

2028 built

NEW

Photos

Exterior photo of 401 38040 Third Ave, Squamish, BC – MLS® R3174434

Exterior Rear Photo of 401 38040 Third Avenue, Squamish, BC

Living Room Photo of 401 38040 Third Avenue, Squamish, BC

Family Room Photo of 401 38040 Third Avenue, Squamish, BC

Dining Area Photo of 401 38040 Third Avenue, Squamish, BC

Kitchen Photo of 401 38040 Third Avenue, Squamish, BC

Kitchen Island Photo of 401 38040 Third Avenue, Squamish, BC

Pantry Photo of 401 38040 Third Avenue, Squamish, BC

Breakfast Nook Photo of 401 38040 Third Avenue, Squamish, BC

Primary Bedroom Photo of 401 38040 Third Avenue, Squamish, BC

Primary Bathroom Photo of 401 38040 Third Avenue, Squamish, BC

Walk-In Closet Photo of 401 38040 Third Avenue, Squamish, BC

Bedroom 2 Photo of 401 38040 Third Avenue, Squamish, BC

Bedroom 3 Photo of 401 38040 Third Avenue, Squamish, BC

Bedroom 4 Photo of 401 38040 Third Avenue, Squamish, BC

Guest Bathroom Photo of 401 38040 Third Avenue, Squamish, BC

Powder Room Photo of 401 38040 Third Avenue, Squamish, BC

Office / Den Photo of 401 38040 Third Avenue, Squamish, BC

Loft / Bonus Room Photo of 401 38040 Third Avenue, Squamish, BC

Arte introduces a modern wellness focused lifestyle in downtown Squamish with curated interiors, integrated appliances and terrazzo style flooring throughout. Thoughtful features include in suite laundry and built in gear storage with bike and ski racks. Floor plan 3F offers a functional corner 3 bedroom layout with seamless flow and private outdoor space, ideal for first time buyers and outdoor enthusiasts. The rooftop features panoramic views of the Stawamus Chief along with dining spaces, BBQ, a pizza oven and a Scandinavian inspired wellness retreat with sauna and cold plunge. Additional amenities include a co-working space, social lounge, fitness studio, dog wash and bike wash, all steps from parks, trails, shops and everyday essentials.

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Range Top
Interior Features	Elevator
Heating Type	Baseboard, Electric, Heat Pump
Cooling	Air Conditioning
# of Kitchens	1
Flooring	Mixed, Vinyl
Foundation	Slab

Exterior Features

Exterior Features	Balcony
View Description	Tantalus Mountain Range
Roof	Torch-On
Structures	Multi Family, Residential Attached

Building Details

Price	$984,900
Total Bedrooms	3
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	1075
Year Built	2028
Age Of Building	0
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Bike Room, Clubhouse, Exercise Centre, Sauna/Steam Room, Trash, Management, Recreation Facilities
Building Name	Arte
Ownership Type	Freehold Strata
Maintenance Fee	$483.75
Community Features	Shopping Nearby
Amenities Nearby	Bike Room, Clubhouse, Exercise Centre, Sauna/Steam Room, Trash, Management, Recreation Facilities
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Additional Parking, Underground, Guest, Garage Door Opener
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Lot & Land

MLS^® #	R3174434
Area	Squamish
Neighbourhood	Downtown SQ
City	Squamish
Postal Code	V8E 0B3
Gross Taxes	0
Zoning	CD-106

Property Timeline

Status	Date	Price
R3174434 / Active	10-09-2026	$984,900

Rooms

Floor	Type	Dimensions
Main Level	Primary Bedroom	14'1 x 14'1 ft
Main Level	Bedroom	10'1 x 10'1 ft
Main Level	Bedroom	10'3 x 10'3 ft
Main Level	Kitchen	11'6 x 11'6 ft
Main Level	Living Room	14'3 x 14'3 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#3
Main Level	No	#4

Listed by: Engel & Volkers Whistler

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 1.78 km 10/10
Secondary
Coast Mountain Academy: Average 6.03 km 6/10

Closest Transit

Bus Stop
Cleveland at Victoria (NB): 0.24 km
Skytrain
Seabus Station @ Lonsdale Quay: 43.61 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

45 / 100

Overall sell-speed score

Moderate pace expected

B+

Price competition grade

Avg comparable: $1,038,085

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk

Possible — flood zone

Railway / Skytrain noise

Unlikely — 43.61 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

4 DOM

Very fast

Downtown SQ avg

77 DOM

Average

Squamish avg

77 DOM

Slower market

401 38040 Third Avenue has a sell-speed score of 45/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 5.4% below comparable active properties in Downtown SQ, which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 10% and an area average of 77 days on market — buyers have more leverage. With only 70 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 V8E 0B3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V8E 0B3, 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 (~0.7 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)

Scotiabank · 159 m · Bank
The hotspot community resource centre · 168 m · Bookshop
Rbc · 170 m · Bank

Restaurants (20 nearby)

The salted vine · 113 m · Restaurant
Sushi goemon · 157 m · Restaurant
Blue house korean buffet & sushi · 169 m · Restaurant

Transit (13 nearby)

Bus stop cleveland at victoria (nb) · 238 m · Transit
Bus stop cleveland at winnipeg (nb) · 251 m · Transit
Bus stop pemberton at third (wb) · 264 m · Transit

Groceries (8 nearby)

Lucas teas · 201 m · Beverages
Stong's market · 217 m · Supermarket
Sunflower bakery and cafe · 222 m · Bakery

Cafes (6 nearby)

1914 coffee company · 189 m · Cafe
Tuba cafe · 191 m · Cafe
Parkside cafe · 207 m · Cafe

Healthcare (2 nearby)

Squamish pharmacy · 186 m · Healthcare
Shoppers drug mart · 296 m · Healthcare

Schools NearBy

6 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Howe Sound Secondary School	Public	Grades Served 10-12	Catchment Info —	5.8 / 10	Distance 859 m
Les Aiglons	Public	Grades Served —	Catchment Info —	6.5 / 10	Distance 925 m
St'a7mes School	Public	Grades Served —	Catchment Info —	N/A	Distance 1.01 KM
Sea to Sky Alternative School	Public	Grades Served 9-12	Catchment Info —	2.4 / 10	Distance 1.03 KM
Squamish Waldorf School	Independent	Grades Served —	Catchment Info —	10.0 / 10	Distance 1.78 KM
Valleycliffe Elementary	Public	Grades Served —	Catchment Info —	6.6 / 10	Distance 2.35 KM

Walkability & Transit Near 401 38040 Third Avenue

Car-Dependent 80

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 81

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 401 38040 Third Avenue

/month

Principal & Interest

Property Taxes $0

Maintenance fee 483.75

Financing 80% of the $984,900 asking price over 30 years at 4% results in approximately $4,246/month in total estimated carrying costs, $484 maintenance fee.

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

This listing generates an estimated $3,503/month in rental income, leaving a -$805/month cashflow at current carrying costs. Investors targeting break-even would need roughly 38% down.

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

Estateblock Rent Estimate for 401 38040 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.