318 40900 TANTALUS RD, Squamish BC V8B 0R3, Squamish, BC

$371,000
Est. Mortgage /mo

MLS® R3010643

$371,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
1 Beds
1 Baths
1 Stories
$ 359.81 Maint. Fee
533 sqft
2008 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

INVESTOR ALERT – An opportunity to own a fully managed revenue generating property. This one-bedroom 100% freehold strata rental unit is located within a hotel managed property with a 8.9% CAP RATE (based on 2024 revenues) and a 18.6% average year over year net revenue growth rate since 2011. This Executive Suites Hotel & Resort property is a successful and well-managed hotel and strata property. www.executivehotels.net/squamish-resort-hotel This unit is located on the 3rd floor facing east looking out over the community park and Mount Garibaldi, Black Tusk, Wedge Mountain, and the Tantalus Mountain Range, as well as peaks in the McBride Range and Fitzsimmons Range. Enjoy up to 70 days of personal use a year. Unit features include granite countertops and stainless-steel appliances.

General Info

Price $371,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 533
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2008
Age Of Building 17
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Exercise Centre, Concierge, Electricity, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, RV Parking
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R3010643
Area Squamish
Neighbourhood Tantalus
City Squamish
Gross Taxes $2,883.55
Ownership Type Freehold Strata
Maintenance Fee $359.81
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Concierge, Electricity, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, RV Parking
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Electric
Cooling Central Air, Air Conditioning

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Open
Total Parking Spaces -

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning CD-12
Rental Suites -
Laundry In Unit, Common Area
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter
Interior Features Elevator
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
Active - $371,000
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Listed by: RE/MAX Select Properties

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Private Schools

Elementary
Squamish Montessori Elementary School
2.59 km
No Rating
Secondary
Coast Mountain Academy
3.07 km
No Rating

Closest Transit

Squamish
Tantalus 40850 block (SB)
0.15 km

The closest Elementary independent school to this home for sale located at 318 40900 TANTALUS ROAD, Squamish BC V8B 0R3 is Squamish Montessori Elementary School with School's rating No Rating, located 2.59 km from this home.

The closest to this address 318 40900 TANTALUS ROAD, Squamish BC V8B 0R3 Secondary independent school is Coast Mountain Academy with School's rating No Rating, located 3.07 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 1,862 volation disturbances in this neighbourhood. The overall crime rate near the address - 318 40900 TANTALUS ROAD, Squamish BC V8B 0R3, Squamish, BC is 8,556.59. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is 2.24%

Drug crime rate next to the listing MLS® R3010643 is Above Average comparing to other neighbourhoods. The illegal substances offences rating is 427.37. There were 93 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is -3.99%

Property crimes in the neighbourhood close to real estate listing for sale 318 40900 TANTALUS ROAD, Squamish BC V8B 0R3 are Average. Property misconduct rating adjacent to MLS® R3010643 is 3,818.76. There were 831 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -1.84%

There were 401 violent lawbreaking disorders in 2020. 1,842.75 and it is Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 25.37%

The closest Bus station is Tantalus 40850 block (SB) in 0.15 km away from this listing with - MLS® R3010643.

27.5% of people with university certificate/degree live in this neighbourhood adjacent to the 318 40900 TANTALUS ROAD, Squamish BC V8B 0R3 which is Above Average in comparison with other BC neighbourhoods. 12% of population in this neighbourhood that is near the Listing MLS® R3010643 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 318 40900 TANTALUS ROAD, Squamish BC V8B 0R3, Squamish, BC is $89012 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R3010643 is $40119 which is Above Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 72.4% which is High.

Unemployment rate in the area around Real Estate Listing # R3010643 is 5.4 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 318 40900 TANTALUS ROAD, Squamish BC V8B 0R3 Executive Suites Hotel & Resort where population change between 2011 and 2016 was 13.7%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 318 40900 TANTALUS ROAD, Squamish BC V8B 0R3, Squamish, BC is 186.1 which is Below Average people per sq.km.

Average size of families in the area adjacent to home for sale 318 40900 TANTALUS ROAD, Squamish BC V8B 0R3 is 2.9. This is Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R3010643 is 60.3% and it is Average. % of Married or living common law is around 62.5% and it is Above Average.

Average age of the population close to the 318 40900 TANTALUS ROAD, Squamish BC V8B 0R3 is 37.5 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 318 40900 TANTALUS ROAD, Squamish BC V8B 0R3, Squamish, BC is $724362 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 318 40900 TANTALUS ROAD, Squamish BC V8B 0R3. $1733 owners spent in average for the dwelling. Tenants are paying $1304 in this district close to MLS® R3010643 and it is Above Average comparing to other cities.

27.3% of Population in this district near the 318 40900 TANTALUS ROAD, Squamish BC V8B 0R3 are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 318 40900 TANTALUS ROAD, Squamish BC V8B 0R3, Squamish, BC is 12.3%, it is Above Average, % of English speakers only is 86.6% and Below Average. % of French speakers adjacent to 318 40900 TANTALUS ROAD, Squamish BC V8B 0R3 only is 0% and it is Low. % of Neither English nor French speakers close to home for sale 318 40900 TANTALUS ROAD, Squamish BC V8B 0R3, Squamish, BC is 1.1% and it is Average comparing to other BC cities.

2.7% of all population in the area around this property with the address 318 40900 TANTALUS ROAD, Squamish BC V8B 0R3, Squamish, BC using Public Transport which is Below Average, 85.3% of using population are using Cars around MLS® R3010643, which is Average. 4.1% of people using Bicycles around the 318 40900 TANTALUS ROAD, Squamish BC V8B 0R3 and it is High. 6.3% of population are walking which is Above Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $371,000
Squamish $573,233
Executive Suites Hotel & Resort No comparables
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Call or Text Now!
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