For Sale · Land

41272 TANTALUS ROAD, Squamish

41272 TANTALUS ROAD, Squamish, BC V8B0P6

$1M total

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Asset Class

Land

Size

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Building class

C

Zoning

AG — Agricultural

$ / SF

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Occupancy

92%

Lot Size

0.298989898989899 ac

About this property

Located on a no-through street amongst tastefully designed homes in the Tantalus neighbourhood of the Garibaldi Estates, this large, flat lot is ready for you to build your new dream home! Over 13,000 square ft and zoned RS1. Steps from the Alice Lake trail network, within walking distance of the shops and restaurants of Garibaldi Village, and only a few minutes by car to the Squamish Golf Course. Skyridge Montessori, Mamquam Elementary School, and Don Ross Middle School are close by as well. Bring your architectural plans and start building! (id:66811)

Financial sandbox

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Estimate
Purchase price$1.00M
Down payment30% · $300K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$48K

Annual cash flow

$-7K

Cash-on-cash

-2.44%

DSCR

0.87

Going-in cap

4.81%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

100,685

Households

45,900

Median income

$99,000

Median age

43.1

Daytime population

135,719

5-yr growth

6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 41272 TANTALUS ROAD, Squamish.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.