Property Type: Detached HouseOwnership: Freehold

37979 FIFTH AVENUE

Squamish, BC V8B0A6

$3,599,000

8 bed7 bath6 parking4,354 sqftBuilt 1997
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
8,033 square feet
Frontage
80 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,818.28 (2025)

Interior

Basement
Full, Unknown, Unknown
Heating
Radiant heat
Fireplace
Yes (2)

Exterior & Lot

View
View

Parking

Total spaces
6 — uncovered indicated
Features
RV, Visitor Parking

Listing Information

MLS®
R3135369
Listed
June 12, 2026
Time on market
On the market for 80 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Black Tusk Realty · Data source: CREA DDF.

Description

Revenue potential of $15000+/ month. Solid income generating property in the heart of Downtown Squamish - non smoking and well maintained owner occupied home. Radiant heating, upgraded flooring, newer furnace, tiled roof (serviced yearly), skylights, granite flooring in grand foyer are just some of the perks. Main floor has 4 bedrooms and 3 full baths & an elaborate living, dining, kitchen, family room, sundeck, patio and large windows with amazing views of the Squamish Chief. You will feel the warmth and positive energy as you tour this bright and spacious home. Two bedroom legal suite and further revenue streams make this property an excellent investment in this rapidly growing town. Walk to all amenities, marina & trails. Fenced yard, fruit trees and gardens and laneway access. (id:63159)

Values & Trends

This listing

$827/sqft

Building average

No other active listings in this building

Squamish average

$851/sqft

58 active listing(s)

Parking: 6 stall(s) includedStorage 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.

Detached (House) Market Stats — Squamish

Monthly figures from the Fraser Valley Real Estate Board for Squamish detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$1,638,300

Jul 2026

Average Sale Price

$1,564,979

Jul 2026

Monthly Sales

13

Jul 2026

Active Listings

74

Jul 2026

Sales-to-Active Ratio

18.0%

Jul 2026

Median Days to Contract

16 days

Jul 2026

MLS® HPI Benchmark Price

$1,782,000
$1,435,600
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

14°C

Humidity 100%

Wind NE 3 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

52

8/9 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
Ecole Squamish ElementaryElementary809 m
Howe Sound SecondarySecondary931 m
Les AiglonsElementary/Middle1.1 km
Sea to Sky Alternative SchoolSecondary1.3 km
St'a7mes SchoolK-121.3 km
Squamish Waldorf School(Independent)Elementary2.1 km
Valleycliffe ElementaryElementary2.6 km
Sea to Sky Montessori School(Independent)Elementary3.3 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

Restaurants (5+)

  • The Salted Vine · 37991 Second Avenue310 m
  • Sushi Goemon · 38105 Second Avenue414 m
  • Blue House Korean Buffet & Sushi422 m
  • The Buvette · 1323 Vancouver Street427 m
  • The Copper Coil Still & Grill · 37996 Cleveland Avenue446 m

Cafes (5+)

  • Parkside Cafe411 m
  • 1914 Coffee Company · 38123 Second Avenue435 m
  • Island Oasis444 m
  • Tuba Cafe · 38114 Second Avenue453 m
  • Green Olive Market & Café543 m

Grocery (2)

  • Stong's Market · 38078 Cleveland Avenue497 m
  • Save-On-Foods655 m

Parks (4)

  • Stan Clarke Park · 1361 Main Street379 m
  • Junction Park466 m
  • Xwu’nekw (whoo-nay-oak) Park · 37956 Loggers Lane521 m
  • Miyíw̓ts (my-oats) Park · 1315 Channel Road758 m

Shopping (1)

  • Unnamed528 m

Gyms (2)

  • Seed Studio Pilates & Wellness565 m
  • Club Flex675 m

Pharmacies (2)

  • Squamish Pharmacy · 37989 Cleveland Avenue408 m
  • Shoppers Drug Mart · 1339 Pemberton Avenue506 m

Banks & ATMs (4)

  • Scotiabank · 38049 Cleveland Avenue429 m
  • RBC436 m
  • Localcoin Bitcoin ATM509 m
  • BMO · 38201 Cleveland Avenue622 m

Nearby places data: © OpenStreetMap contributors.

School district: Sea to Sky (SD48)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($719,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,879,200.00
Periodic payment — Principal & Interest (monthly)$18,575.62
Additional monthly expenses (strata, tax, utilities, etc.)$786.19
Total monthly cost$19,361.81
Interest paid over 5-yr term$825,187.00
Balance at end of term$2,589,849.71

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$719,800
Stress test qualifying rate8.09%
Payment you must qualify for$22,140.04

Cash Needed at Closing

Minimum down payment$719,800
Estimated BC PTT$97,950
Legal / closing costs (typical estimate)$1,500
Total cash needed$819,250

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.

Request more information