$1,700,000

House For Sale In Langford, British Columbia

$1,700,000

Property Information:

Excellent development property. Conditional approval for a 73 unit building plus 7000 Sq Ft of commercial. Prime location. The surrounding properties are quickly being built up with commercial, residential condos & apartments. Developments in the immediate area have rezoned for great density. Arterial street for high visibility, well served by bus, minutes from shopping. This is an opportunity to secure a level, broad parcel with all municipal services at the doorstep in an area earmarked for development. Building on site is considered to have little value, but has 4 suites, all occupied - DO NOT DISTURB OCCUPANTS. Must be purchased with neighboring 14,200 Sq Ft property (2639 Sooke Rd). Total current rental revenue for all 4 units is $5,750. Rental revenue total for both properties combined is $9,650.

Property Features:

  • Bedrooms: 0
  • Bathrooms: 0
  • Annual Tax Amount: $4,751
  • Basement: None
  • Built in: 1935
  • Construction Materials: Frame Wood, Stucco
  • Cooling: None
  • Floor Space (approx): 2669 Square Feet
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard, Electric
  • Laundry Features: In House
  • Lot Features: Pie Shaped Lot
  • Lot Frontage: 18730 Square Feet
  • Lot Size: 18730.00 Square Feet
  • Ownership: Freehold
  • Parking Features: Driveway
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Contact List Licensee, Land Value Only, Resale
  • Property Sub Type:
  • Roof: Asphalt Shingle
  • Water Source: Municipal
  • Zoning Description: Residential
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 10

Courtesy of: Fair Realty

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