Data last updated 9:03 AM, November 27, 2017
$1,200,000

40668 OLSON ROAD   Squamish, BC

MLS®: R2212610
URL:    
This parcel resides within the neighbourhood of Brackendale, which in itself is famous for the largest number of bald eagles in the world. Downtown Squamish is within 10 minutes drive, and this fantastic growing neighbourhood includes many varied facilities and shopping within a very short walk. This uniquely situated land is directly adjacent to an existing 58 unit townhouse development, and is undoubtedly easily rezonable and complies with the OCP requirements. Whilst a rezoning application is being considered, the existing house provides good income with well established tenants, ensuing a hold cap rate of over 2%, thus reducing the cost of holding the property.
This parcel resides within the neighbourhood of Brackendale, which in itself is famous for the largest number of bald eagles in the world. Downtown Squamish is within 10 minutes drive, and this fantastic growing neighbourhood includes many varied facilities and shopping within a very short walk. This uniquely situated land is directly adjacent to an existing 58 unit townhouse development, and is undoubtedly easily rezonable and complies with the OCP requirements. Whilst a rezoning application is being considered, the existing house provides good income with well established tenants, ensuing a hold cap rate of over 2%, thus reducing the cost of holding the property.

Listing Information

Prop. Type:
Land
Status:
Active
County:
Squamish
Neighborhood:
Brackendale
Area:
Squamish
Province:
BC
MLS® Number:
R2212610
Added On:
Oct 04, 2017
Listing Price:
$1,200,000
Taxes:
$4,928

General Information

Tax Year:
2017
Lot Size (Acres):
0.43
This property is listed by Marcus & Millichap and provided here courtesy of Sutton Group - 1st West Realty. For more information or to schedule a viewing please contact Sutton Group - 1st West Realty.
Sutton Group - 1st West Realty
Phone: 604-942-7211
Inquire Via Email
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