Property Type: Detached HouseOwnership: Freehold

40708 OLSON ROAD

Squamish, BC V0N1T0

$3,799,000

0 bed1 bath2 parking0 sqft
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Property Details

Property & Lot

Sub-type
House
Lot size
1.59 acres
Frontage
164 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$11,488 (2025)

Interior

Basement
Partial, Unknown, Unknown
Heating
Propane
Fireplace
None

Parking

Total spaces
2

Listing Information

MLS®
R3148629
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

Rare 1.6-acre townhouse development opportunity in one of Squamish's most desirable neighbourhoods. Development plans submitted for just 15 townhomes, creating a spacious, low-density community on an exceptionally large site. The current concept also presents a strong opportunity to use modern, manufactured or factory-built homes, supporting faster delivery and cost efficiencies. Surrounded by world-class recreation with convenient access to Vancouver and Whistler. Buyers should verify development plans and permitted building types with the District of Squamish. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Squamish average

$850/sqft

59 active listing(s)

Parking: 2 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

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

SchoolTypeDistance
Mamquam ElementaryElementary965 m
Skyridge Montessori Elementary(Independent)Elementary/Middle1.3 km
Garibaldi Highlands ElementaryElementary1.9 km
Sea to Sky Montessori School(Independent)Elementary2.3 km
Brackendale ElementaryElementary2.9 km
Don Ross Middle SchoolMiddle3.2 km
Coast Mountain Academy(Independent)K-123.2 km
Les AiglonsElementary/Middle4.5 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

Restaurants (4)

  • Umai Sushi & Grill640 m
  • Pizza Hut649 m
  • Top Hat Pizza763 m
  • Sushi Sen777 m

Cafes (3)

  • Spokes Bike Cafe593 m
  • Tim Hortons · 1811 Garibaldi Way594 m
  • Starbucks · 1814 Garibaldi Way693 m

Grocery (1)

  • Your Independent Grocer782 m

Banks & ATMs (1)

  • CIBC614 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% ($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.)$957.33
Total monthly cost$20,565.22
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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