Property Type: Detached HouseOwnership: Freehold

40524 N HIGHLANDS WAY

Squamish, BC V0N1T0

$1,569,800

4 bed2 bath4 parking1,875 sqftBuilt 1978
Get Directions

Amenities

Also listed: Shared Laundry

Property Details

Property & Lot

Sub-type
House
Lot size
10,500 square feet
Frontage
118 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,689.5 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
Yes (1)

Exterior & Lot

View
View

Parking

Total spaces
4

Listing Information

MLS®
R3126243
Listed
May 21, 2026
Time on market
On the market for 102 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Stilhavn Real Estate Services · Data source: CREA DDF.

Description

Welcome to this beautifully updated home in the heart of the Garibaldi Highlands, one of Squamish´s most sought-after neighbourhoods. Steps from Merrill Park, world-class biking and hiking trails. An incredible blend of nature, lifestyle, and convenience. Thoughtfully updated throughout, the home features a bright kitchen with skylight and stainless steel appliances, warm wood flooring, mature landscaping, and a large south-facing patio ideal for entertaining or relaxing in the sun. Includes a self-contained 1-bed in-law suite, perfect for extended family or guests. Two storage sheds provide plenty of room for gear and tools, while the wood-fired hot tub adds a true mountain retreat feel. Close to Garibaldi Elementary, and only minutes to all Squamish amenities. (id:63159)

Values & Trends

This listing

$837/sqft

Building average

No other active listings in this building

Squamish average

$851/sqft

58 active listing(s)

Parking: 4 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

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
Garibaldi Highlands ElementaryElementary176 m
Coast Mountain Academy(Independent)K-121.4 km
Mamquam ElementaryElementary1.9 km
Skyridge Montessori Elementary(Independent)Elementary/Middle1.9 km
Sea to Sky Montessori School(Independent)Elementary2.7 km
Brackendale ElementaryElementary4.2 km
Don Ross Middle SchoolMiddle4.4 km
Valleycliffe ElementaryElementary4.5 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

Parks (1)

  • Unnamed687 m

Nearby places data: © OpenStreetMap contributors.

School district: Sea to Sky (SD48)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($313,960) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,255,840.00
Periodic payment — Principal & Interest (monthly)$8,102.25
Additional monthly expenses (strata, tax, utilities, etc.)$568.13
Total monthly cost$8,670.38
Interest paid over 5-yr term$359,927.35
Balance at end of term$1,129,632.14

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$313,960
Stress test qualifying rate8.09%
Payment you must qualify for$9,656.97

Cash Needed at Closing

Minimum down payment$313,960
Estimated BC PTT$29,396
Legal / closing costs (typical estimate)$1,500
Total cash needed$344,856

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