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$1,100,000

1 37940 FOURTH AVENUE

Squamish · MLS® R3174302

All units at 37940 Fourth Ave →

2 bed · 3 bath · 1,124 sq ft · 2 parking

Townhouse · Single Family · built 2026 · listed today

Listed by Angie Vazquez, Engel & Volkers Whistler

Realtor's description

Noven One is six four-level townhomes in downtown Squamish, built for people who live outside. 10-foot ceilings and large windows pull in natural light and frame views of the Chief. Engineered hardwood, built-in European appliances, and custom millwork run throughout. Two full bathrooms and a main-floor powder room, every detail chosen for durability and efficiency. The rooftop patio is jacuzzi and sauna ready. The garage fits your bikes, boards, and all your Squamish essentials, with roughed-in EV charging. These homes are built for Sea to Sky living. These homes need to be seen to be fully appreciated.

Property details

Type: Townhouse, Single Family
Bedrooms: 2
Bathrooms: 3
Living area: 1,124 sq ft
Parking: 2
Year built: 2026
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 0
MLS®: R3174302

Features

Central location
Pets Allowed With Restrictions
Rentals Allowed With Restrictions

Price check

Above typical for the area (+34%)

Price per sq ft: $979 vs $732 median for townhouses in Squamish for sale (58)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 0 days

The market here

Listed now: 29 days; median for 59 townhouses for sale; this one listed today

Townhouses in Squamish. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$4,793/mo

Mortgage $4,793

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$4,793/ monthly

loan $880,000

25-year amortization

down payment20% · $220,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $557,778
property transfer tax: $20,000; BC general rate
cash to close: $240,000; down + PTT
total paid: $1,437,778

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

If you rented it out

Rent: $2,179/mo
After all costs: −$2,963/mo
Cap rate: 2.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $4,793 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in Squamish (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

Location

The building's lot: 559 m² (6,017 sq ft) · PID 009-604-120. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

SquamishGoogle Maps ↗

Location

SquamishGoogle Maps ↗

Good to know

Floodplain
This address is within a designated floodplain on the provincial floodplain maps (Squamish River). Local rules can set things like minimum floor heights; the municipality can confirm what applies.
Source: Province of BC, Mapped Floodplains in BC
Wildfire
The BC Wildfire Service rates Squamish's wildland urban interface as risk class 2 of 5 (high; 1 is the highest). Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.
Source: BC Wildfire Service, WUI risk class and fire perimeters

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

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