Property Type: Land / Lot

38188 & 38192 CLEVELAND AVENUE

Squamish, BC V8B0K1

$3,999,900

4,016 sqftBuilt 1970
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Amenities

Also listed: Street Lighting

Property Details

Property & Lot

Lot size
13,024 square feet

C4

Ownership & Fees

Property type
Land / Lot
Annual property tax
$39,832.93 (2025)

Interior

Fireplace
None

Listing Information

MLS®
C8075301
Listed
January 20, 2026
Time on market
On the market for 224 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Offering over 13,000 sq. ft. of C4-zoned commercial land at the gateway to downtown Squamish, this property presents a rare redevelopment opportunity in a high-growth Sea to Sky market. The offering comprises three legal lots. One lot is improved with an existing building currently tenanted by two restaurants, providing holding income. The remaining two lots are utilized for parking and lane access, with a roadway running behind the site, allowing for additional access and flexibility for future development. Situated on a high-visibility corner location with strong traffic exposure, the property is within walking distance to the downtown core and oceanfront amenities. The zoning and configuration make this an attractive opportunity for commercial or mixed-use redevelopment, subject to municipal approvals. An exceptional opportunity to acquire a prominent gateway site in downtown Squamish. (id:63159)

Values & Trends

This listing

$996/sqft

Building average

No other active listings in this building

Squamish average

$2,440/sqft

6 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

81

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 ElementaryElementary294 m
Howe Sound SecondarySecondary474 m
Les AiglonsElementary/Middle635 m
Sea to Sky Alternative SchoolSecondary899 m
St'a7mes SchoolK-12899 m
Squamish Waldorf School(Independent)Elementary1.4 km
Valleycliffe ElementaryElementary2.0 km
Sea to Sky Montessori School(Independent)Elementary2.9 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+)

  • Indian Spice7 m
  • MBH Diner23 m
  • Pizzalicious99 m
  • Bisla Sweets · 1345 Pemberton Avenue125 m
  • Saha Eatery · Second Avenue161 m

Cafes (5+)

  • Green Olive Market & Café106 m
  • Tuba Cafe · 38114 Second Avenue190 m
  • 1914 Coffee Company · 38123 Second Avenue203 m
  • Starbucks410 m
  • Island Oasis446 m

Grocery (3)

  • Save-On-Foods221 m
  • Stong's Market · 38078 Cleveland Avenue234 m
  • Nesters Market · 1200 Hunter Place343 m

Parks (5+)

  • Miyíw̓ts (my-oats) Park · 1315 Channel Road285 m
  • Xwu’nekw (whoo-nay-oak) Park · 37956 Loggers Lane504 m
  • Stan Clarke Park · 1361 Main Street506 m
  • Junction Park522 m
  • Rose Park591 m

Shopping (1)

  • Unnamed198 m

Gyms (2)

  • Seed Studio Pilates & Wellness76 m
  • Club Flex163 m

Pharmacies (3)

  • Shoppers Drug Mart · 1339 Pemberton Avenue180 m
  • Unnamed370 m
  • Squamish Pharmacy · 37989 Cleveland Avenue420 m

Banks & ATMs (5+)

  • BMO · 38201 Cleveland Avenue52 m
  • RBC211 m
  • Scotiabank · 38049 Cleveland Avenue319 m
  • TD319 m
  • Localcoin Bitcoin ATM764 m

Nearby places data: © OpenStreetMap contributors.

School district: Sea to Sky (SD48)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($799,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,199,920.00
Periodic payment — Principal & Interest (monthly)$20,644.80
Additional monthly expenses (strata, tax, utilities, etc.)$3,520.41
Total monthly cost$24,165.21
Interest paid over 5-yr term$917,106.27
Balance at end of term$2,878,338.39

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$799,980
Stress test qualifying rate8.09%
Payment you must qualify for$24,606.26

Cash Needed at Closing

Minimum down payment$799,980
Estimated BC PTT$117,995
Legal / closing costs (typical estimate)$1,500
Total cash needed$919,475

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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