40668 OLSON ROAD
Squamish, BC V0N1T0
$1,990,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 18,664 square feet
- Frontage
- 124 feet
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $0/mo
- Annual property tax
- $7,566.62 (2025)
Interior
- Heating
- Electric
- Fireplace
- Yes (1)
Parking
- Total spaces
- 2 — covered indicated
- Features
- Garage
Listing Information
- MLS®
- R3148614
- Listed
- July 21, 2026
- Time on market
- On the market for 41 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Babych Group Realty Vancouver Ltd. · Data source: CREA DDF.
Description
Prime development opportunity in the heart of Squamish. This 18, 750 sq. ft. property is being sold for its redevelopment potential and is surrounded by established townhouse developments, making it an exceptional investment in a growing neighbourhood. The existing home is currently tenanted, providing holding income while future plans are explored. Buyers are encouraged to verify development potential with the District of Squamish. (id:63159)
Values & Trends
This listing
$1,216/sqft
Building average
—
No other active listings in this building
Squamish average
$837/sqft
76 active listing(s)
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.
Apartment Market Stats — Squamish
Monthly figures from the Fraser Valley Real Estate Board for Squamish apartmentlistings — not specific to this property.
MLS® HPI Benchmark Price
$545,800
Jul 2026
Average Sale Price
$695,885
Jul 2026
Monthly Sales
13
Jul 2026
Active Listings
76
Jul 2026
Sales-to-Active Ratio
17.0%
Jul 2026
Median Days to Contract
25 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
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
15
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
| School | Type | Distance |
|---|---|---|
| Mamquam Elementary | Elementary | 876 m |
| Skyridge Montessori Elementary(Independent) | Elementary/Middle | 1.3 km |
| Garibaldi Highlands Elementary | Elementary | 1.9 km |
| Sea to Sky Montessori School(Independent) | Elementary | 2.2 km |
| Brackendale Elementary | Elementary | 3.0 km |
| Coast Mountain Academy(Independent) | K-12 | 3.2 km |
| Don Ross Middle School | Middle | 3.2 km |
| Les Aiglons | Elementary/Middle | 4.4 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
Restaurants (5+)
- Umai Sushi & Grill569 m
- Pizza Hut581 m
- Top Hat Pizza696 m
- Sushi Sen710 m
- Essence of India · 40367 Tantalus Road735 m
Cafes (3)
- Tim Hortons · 1811 Garibaldi Way510 m
- Spokes Bike Cafe524 m
- Starbucks · 1814 Garibaldi Way607 m
Grocery (1)
- Your Independent Grocer707 m
Banks & ATMs (1)
- CIBC527 m
Nearby places data: © OpenStreetMap contributors.
School district: Sea to Sky (SD48)
Similar Listings Nearby
No similar listings found nearby right now.
Explore More Homes
Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($398,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.