Property Type: Land / LotOwnership: Freehold

3355 DESCARTES PLACE

Squamish, BC V8B0V5

$949,000

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Property Details

Property & Lot

Lot size
13,885 square feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$3,865.21 (2025)

Interior

Fireplace
None

Listing Information

MLS®
R3112880
Listed
April 17, 2026
Time on market
On the market for 136 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Rennie & Associates Realty · Data source: CREA DDF.

Description

Experience the ultimate Squamish lifestyle with this exceptional building opportunity in the highly coveted University Highlands neighborhood. Tucked away at the end of a peaceful cul-de-sac and surrounded by nature, this rare 13,885 sq. ft. flat lot serves as the perfect canvas for a custom home. Enjoy world-class mountain biking, hiking, and golf, all right at your doorstep, while being just minutes from schools and downtown Squamish. This building lot is ready to go, with municipal water and services already at the lot line. Whether you are looking to build your family home, a serene retreat or an adventurer´s basecamp, this prime lot offers the space and location to have it all. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Squamish average

$2,234/sqft

7 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

16°C

Humidity 91%

Wind NE 2 km/h

Tonight

12°

Tuesday

21°

Tuesday night

15°

Wednesday

17°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

23,819

(2021 Census)

+22.2% since 2016

Density: 227.5/km²

Dwellings: 9,906

Median household income: $111,000

After-tax: $96,000

Immigrant population: 20.2%

Top countries of origin (% of total population)

  • United Kingdom4.1% · 970
  • India3.5% · 830
  • United States of America1.4% · 340
  • Philippines1.3% · 305
  • Germany0.7% · 170
  • Netherlands0.4% · 105
  • Mexico0.4% · 95
  • Poland0.3% · 80

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Coast Mountain Academy(Independent)K-12432 m
Garibaldi Highlands ElementaryElementary1.4 km
Skyridge Montessori Elementary(Independent)Elementary/Middle3.1 km
Mamquam ElementaryElementary3.1 km
Sea to Sky Montessori School(Independent)Elementary3.7 km
Valleycliffe ElementaryElementary4.7 km
Squamish Waldorf School(Independent)Elementary5.1 km
Brackendale ElementaryElementary5.4 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Cafes (1)

  • Atrium Cafe571 m

Nearby places data: © OpenStreetMap contributors.

School district: Sea to Sky (SD48)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($69,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$759,200.00
Periodic payment — Principal & Interest (monthly)$4,898.10
Additional monthly expenses (strata, tax, utilities, etc.)$322.10
Total monthly cost$5,220.20
Interest paid over 5-yr term$217,588.90
Balance at end of term$682,902.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$69,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,759.97

Cash Needed at Closing

Minimum down payment$69,900
Estimated BC PTT$16,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$88,380

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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