Squamish is one of the Top 10 fastest growing communities in Canada and it’s not surprising. Situated at the head of Howe Sound, Squamish is a 40 minute drive north of Vancouver and 35 minutes west of Whistler, North America's premier ski and four-seasons mountain resort.
SEAandSKY Development
It’s no wonder people are moving to Squamish in droves and if you live in, travel through or visit Squamish, then you’ll know that the towns landscape is undergoing drastic change to cater for the influx of people. With a current population hovering around 20,000, it is predicted to increase by a third, to 30,000 by 2030.
Thinking about moving to Squamish or considering purchasing a property? Here’s an overview of what is happening in the new construction real estate market. These new home developments are a mix of high-rise and low-rise that are either planned, under construction or recently completed.
Cleveland Gardens
The contemporary residences are well-designed, feature european style kitchens with open living spaces, fireplaces and an outdoor space for every home - plus this stunning shared rooftop patio, perfect for a sunset BBQ. The development is scheduled for completion later this year and unit sizes range from 1125 to 1653 square feet.
The TarsemHaus, at 1009 Aspen Road, is the first multi-family "passive house" development in Squamish. This is super cool as passive houses use up to 90 per cent less energy than a typical Canadian house (primarily by creating a tightly-sealed building envelope and focusing on insulation). To achieve these energy-saving goals, the builders will create well-insulated floors, walls and roofs, and triple-glazed windows to pull in and retain heat from the sun. The end result - each unit will consume 1/10 the energy of a normal house meaning hydro bills for a 1,500 SF unit will be about $20/month!
TarsemHaus is a short walk to bakeries, breweries, cafes, the climbing gym, the trampoline sports complex, fitness center, or a short bike to downtown Squamish, schools and library.
SEAandSKY is a new condo and townhouse development currently under construction at 1500 Highway 99. The development has a total of 986 units and this first phase is scheduled for completion in 2020. The amenities are impressive and include a full-sized gymnasium with basketball courts, outdoor pool & hot tub. There will also be a professional rock climbing gym, an indoor/outdoor yoga & stretching zone, hosting spaces for parties & events, meeting rooms & breakout work spaces, fully loaded fitness and weight rooms, retail space, and social lounge with table games and cozy fireside seating.
Ravenswood is a new single family home development currently in construction at Falcon Crescent. The community currently boasts 111, three and four bedroom single-family homes with the typical warm West Coast style and it has room to grow. Sales for available units start from the low $1,000,000's. Sizes range from 1854 to 2411 square feet.
The Main
SEAandSKY DevelopmentNot only is its location stellar due to its proximity to these two B.C epicenters, Squamish itself is a magical meeting point of ocean, rivers, snowy peaks and rain forest. World-class ski-touring, mountain biking, fishing, hiking, climbing, trail running and wind sports is available on tap.
The average price of a detached home in Squamish sits around the $1M mark compared to Metro Vancouver's $1.5M and Whistler’s $1.7M. Average commercial lease rates in Squamish are $12 to $14 per square foot compared to $20 to $50 per square foot in Vancouver and it's also been ranked as the best place to invest in Canada (ranked in top 15 by Canadian Business and Profit, ranked in top 10 by Canadian Property Investor Magazine). Transportation infrastructure includes a deep sea port, extensive rail connections, local air transportation as well as close proximity to Vancouver’s international airport. Commercial buildings, residential subdivisions, complexes and homes along with new eats and drinks are literally popping up left, right and center.
It’s no wonder people are moving to Squamish in droves and if you live in, travel through or visit Squamish, then you’ll know that the towns landscape is undergoing drastic change to cater for the influx of people. With a current population hovering around 20,000, it is predicted to increase by a third, to 30,000 by 2030.
Thinking about moving to Squamish or considering purchasing a property? Here’s an overview of what is happening in the new construction real estate market. These new home developments are a mix of high-rise and low-rise that are either planned, under construction or recently completed.
Cleveland Gardens is a boutique four story, 20 unit condo development currently under construction at 38261 Cleveland Avenue. Located in the heart of downtown, the development offers a collection of spacious one to three bedroom homes and being so central, enjoys the natural surroundings that Squamish has to offer while being easily connected to all the urban conveniences and amenities such as shops, restaurants, trails and ocean.
The contemporary residences are well-designed, feature european style kitchens with open living spaces, fireplaces and an outdoor space for every home - plus this stunning shared rooftop patio, perfect for a sunset BBQ. The development is scheduled for completion later this year and unit sizes range from 1125 to 1653 square feet.
The feature I really like about this complex is its size, only 20 units, giving it that smaller-scale, boutique feel in comparison to the other larger condo developments popping up in downtown.
Soleil at Coastal Village
Soleil at Coastal Village is a newly completed Squamish project that captures the essence of West Coast living. The site itself borders the downtown core fronting the Squamish Estuary, a vast protected wetland with a mountain backdrop where the Squamish River flows into Howe Sound. Hence, their motto is that their ‘61 unit townhome site is situated where urban living and raw nature collide, creating the unique lifestyle that has given Squamish its name as one of the fastest growing communities in BC’.
Soleil at Coastal Village offers a variety of two and three bedroom townhome residences from 1,012 to 1,720 square feet. Whether a large, premium residence fronting the Squamish Estuary or a single level walkout, all homes are appointed with tastefully designed interior finishes such as quartz countertops, shaker cabinets, pot lighting and high ceilings.
The trail network bordering this complex is a huge plus in my view, particularly in light of the planned Newport Beach development which directly links to Soleil by a lovely path along the estuary.
The TaremHaus
The TarsemHaus, at 1009 Aspen Road, is the first multi-family "passive house" development in Squamish. This is super cool as passive houses use up to 90 per cent less energy than a typical Canadian house (primarily by creating a tightly-sealed building envelope and focusing on insulation). To achieve these energy-saving goals, the builders will create well-insulated floors, walls and roofs, and triple-glazed windows to pull in and retain heat from the sun. The end result - each unit will consume 1/10 the energy of a normal house meaning hydro bills for a 1,500 SF unit will be about $20/month!
This collection of eight unique three and four bedroom townhomes has definitely been built to suit today’s outdoor adventurous families: single and double side by side garages, each equipped with private enclosed storage at the rear for adventure gear, an electric car charger and huge rooftop patios with views of Mount Garibaldi, Diamond Head, Tantalus and The Chief.
TarsemHaus is a short walk to bakeries, breweries, cafes, the climbing gym, the trampoline sports complex, fitness center, or a short bike to downtown Squamish, schools and library.
SEAandSKY
SEAandSKY is a new condo and townhouse development currently under construction at 1500 Highway 99. The development has a total of 986 units and this first phase is scheduled for completion in 2020. The amenities are impressive and include a full-sized gymnasium with basketball courts, outdoor pool & hot tub. There will also be a professional rock climbing gym, an indoor/outdoor yoga & stretching zone, hosting spaces for parties & events, meeting rooms & breakout work spaces, fully loaded fitness and weight rooms, retail space, and social lounge with table games and cozy fireside seating.
Being centrally located along the Squamish waterfront, a pedestrian bridge over the Mamquam Channel will connect to Victoria Street in downtown Squamish. With over 900 two and three bedroom townhomes and apartments planned for construction, SEAandSKY's slogan ‘a community where adventure meets access - connected by over 2km of parks and trails, including a new pedestrian bridge linking the community to downtown Squamish, SEAandSKY is truly a place to call home’, is rather fitting.
Breeze
Breeze is a townhome community at 39771 Government Road with a total of 72 West Coast contemporary units, sizes ranging from 1223 to 1466 square feet all with braggable roof-top sky lounges, with 360 degree views, and all that Squamish has to offer within easy reach. You can explore a large network of trails for walking and biking just steps from your home and if you’re a commuter, there is instant access to the sea-to-sky highway.
The Lauren
The Lauren is a 6 story condo development currently in construction at 3 Avenue in downtown Squamish. With a total of 60, 1 to 3 bedroom modern and luxurious units, commuters, recreation and nature lovers will love coming home to this well laid out, open concept floor plan with its epic views from its balcony.
Jumar
Jumar is a condo and townhouse development currently in construction at 38310 Buckley Avenue. Jumar’s 1 to 3 bedroom condos and city-homes are also located downtown. The development is scheduled for completion in 2020 and has a total of 101 units with sizes ranging from 672 to 1622 square feet.
Skyridge
Skyridge is a master-planned community and will be Squamish's largest Built Green community with 26 townhouses, 20 duplexes and 30 single family homes. Skyridge is on an elevated 20 acre mountainside site and features view lots, sizable and sustainable properties – all surrounded by 360° views of stunning natural landscape. Features include Built Green® Inside + Out, West Coast-inspired design with forest trails, park and Montessori school and daycare on site.
University Heights Phase II
Situated on one of the highest elevations in Squamish, University Heights offers panoramic mountain views next to Quest University within the Garibaldi Highlands community. Phase II is a 86 unit new condo, townhouse and single family home development currently under construction at The Crescent. Centrally located within a 5 minutes’ drive to downtown Squamish, University Heights motto is that it ‘offers exclusive private community living whilst remaining easily accessible to your everyday needs’. Lot sizes range from 6784 to 17300 square feet.
Ravenswood
Ravenswood is a new single family home development currently in construction at Falcon Crescent. The community currently boasts 111, three and four bedroom single-family homes with the typical warm West Coast style and it has room to grow. Sales for available units start from the low $1,000,000's. Sizes range from 1854 to 2411 square feet.
The Main
The Main will stand at the corner of Main Street and Cleveland Avenue, Squamish's main drag, and will consist of 110 condos on top of about 10,000 square feet of commercial space. It features a private garden retreat for all residents, a pet and bike wash zone, secure bike storage and a green roof that will increase the life of the waterproofing membrane and increase energy efficiency and biodiversity. Targeted for the young, adventurous, entrepreneurial, community-orientated demographic of buyers, The Main is multi-family housing with a focus on affordability and a strong local community.
Blown away by the scale of residential development happening in Squamish? I was too - and there's only more in the wind.
If you're interested in any of these properties, have questions or seek further information on the new construction real estate market in Squamish, then please call or email me at any time.