Property Type: Land / Lot

38931 QUEENS WAY

Squamish, BC V8B0K9

$3,799,000

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Property Details

Property & Lot

Lot size
41,108 square feet

I-11

Ownership & Fees

Property type
Land / Lot
Annual property tax
$35,853.38 (2025)

Interior

Fireplace
None

Listing Information

MLS®
C8075657
Listed
January 29, 2026
Time on market
On the market for 214 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Offered for sale is a highly visible 0.96 acre site in the rapidly developing Squamish Business Park in one of the most vibrant and booming communities in Canada. DP ready and Building Permit imminent. This exceptionally designed and engineered plan is step code 3 compliant and will be the preeminent Industrial bldg in Squamish's booming Industrial Park. 24,940 sqft building (14,668 sqft main flr and 10,272 sqft upper floor). Flexibility in design was paramount for this plan with 4 lrg ground flr units ranging from 2,026 to 5,025 sqft + a large 8,197 sqft 2nd floor space with separate washroom facilities, and a 750 sqft Residential Suite accommodated in the plan. This is your chance to purchase a highly visible site in Squamish with existing plans and Development Permit in place. Why wait for permits when you can get started upon completion of your purchase? Approved uses are Brewery, Fitness Centre, Warehouse, and other Light Industrial uses. (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

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

22

4/9 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
Les AiglonsElementary/Middle1.4 km
Howe Sound SecondarySecondary1.4 km
Sea to Sky Montessori School(Independent)Elementary1.5 km
Ecole Squamish ElementaryElementary1.6 km
Squamish Waldorf School(Independent)Elementary2.5 km
Mamquam ElementaryElementary2.6 km
St'a7mes SchoolK-122.7 km
Sea to Sky Alternative SchoolSecondary2.7 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 (3)

  • Timberwolf488 m
  • Mag's 99 · 1257 Commercial Way649 m
  • Indian Masala Express677 m

Cafes (1)

  • Tim Hortons465 m

Shopping (1)

  • Walmart · 39210 Discovery Way559 m

Gyms (1)

  • Mountain Jiu Jitsu · 39455 Discovery Way799 m

Nearby places data: © OpenStreetMap contributors.

School district: Sea to Sky (SD48)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($759,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,039,200.00
Periodic payment — Principal & Interest (monthly)$19,607.89
Additional monthly expenses (strata, tax, utilities, etc.)$2,987.78
Total monthly cost$22,595.67
Interest paid over 5-yr term$871,043.46
Balance at end of term$2,733,770.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$759,800
Stress test qualifying rate8.09%
Payment you must qualify for$23,370.38

Cash Needed at Closing

Minimum down payment$759,800
Estimated BC PTT$107,950
Legal / closing costs (typical estimate)$1,500
Total cash needed$869,250

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.

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