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$3,799,000

40708 OLSON ROAD

Squamish · MLS® C8081711

68,824 sq ft lot

Land · Vacant Land · 37 days on market

Listed by Gordon Kleaman, Babych Group Realty Vancouver Ltd.

Realtor's 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.

Property details

Type: Land, Vacant Land
Lot: 68,824 sq ft
Parking: 0
Property tax: $11,489 / yr
Days on market: 37
MLS®: C8081711

Floor plans

Found among the listing photos.

Property insights

On market 37 days

The market here

Listed now: 154 days; median for 46 homes for sale; this one 37 days

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

Monthly cost

$17,509/mo

Mortgage $16,552 · Tax $957

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$16,552/ monthly

loan $3,039,200

25-year amortization

down payment20% · $759,80020%+ 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: $1,926,364
property transfer tax: $107,950; BC general rate
cash to close: $867,750; down + PTT
total paid: $4,965,564

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.

Location

Lot outline: 6,427 m² (69,180 sq ft) · PID 008-961-786. 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). One wildfire of 10 hectares or more burned within 5 km since 2006: 2025 (60 ha). 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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