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983 Bray Ave, Langford, BC, V9B 2S9

MLS® # 1022033
new listing
Vacant Land For Sale In Langford, British Columbia
$4,200,000

None Beds

983 Bray Ave, Langford, BC
983 Bray Ave, Langford, BC
983 Bray Ave, Langford, BC
983 Bray Ave, Langford, BC
983 Bray Ave, Langford, BC
983 Bray Ave, Langford, BC
983 Bray Ave, Langford, BC
983 Bray Ave, Langford, BC
983 Bray Ave, Langford, BC
983 Bray Ave, Langford, BC
  • Advertising

MULTIMEDIA

983 Bray Ave, Langford, BC, V9B 2S9
$4,200,000

Property Information:

Under court-ordered sale, Colliers is pleased to present the opportunity to acquire 983 Bray Avenue, a multifamily development site prominently located in the heart of Langford, one of Greater Victoria’s fastest-growing residential nodes. Strategically situated near Peatt Road and Goldstream Avenue, the Property offers excellent accessibility, visibility, and proximity to a wide range of urban amenities. The previously approved development plans contemplated a six-storey multifamily building totalling 115 residential units, with two levels of underground parking. The Property represents a near-shovel-ready opportunity for developers seeking a well-located, mid-rise project in Langford’s rapidly maturing downtown area, with 75% of the Building Permit (BP) drawings completed. The Development Permit (DP) has now lapsed, but can be reinstated with the City of Langford. Please note that the sale of the property will be subject to approval by the Supreme Court of British Columbia.

Property Features:

  • Annual Tax Amount: $22,866
  • Lot Frontage: 28632 Square Feet
  • Lot Size: 0.66 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Unimproved Land
  • Zoning: CC1

Courtesy of: Colliers

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Market Price Trends

All Properties

6.09%

Price change (1 year)

38.57%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 983 Bray Ave, Langford, BC, V9B 2S9

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

23 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

23 hot days expected in 2050

24/100

Moderate-Low

ClimateCheck®

Current data

This property, 983 Bray Ave , experiences 7 hot days per year at around 26.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 23 hot days at 29.9 degrees Celsius.

Projected Avg. Temperature

Past
26.9℃
2050
29.9℃

# Hot Days Per Year

Past
7
2050
23

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

87/100

High

ClimateCheck®

Current data

This property, 983 Bray Ave , experiences 12 significant 2-day storms per year, with about 511.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 588.6mm of precipitation per year.

Precipitation Per Storm

Past
511.6mm
2050
588.6mm

48-Hour Storms Per Year

Past
12
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 983 Bray Ave, Langford, BC, V9B 2S9

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$103,580.22

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.65 %

High school certificate or equivalent

37.8 %

Apprenticeship trade certificate/diploma

9.1 %

College/non-university certificate

20.07 %

University certificate (below bachelor)

2.03 %

University Degree

16.35 %

Commuter

Travel To Work

By Car

79.4 %

By Public Transit

5.01 %

By Walking

7.39 %

By Bicycle

2.81 %

By Other Methods

5.39 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

29.46 %

Houses

70.54 %

Own Vs. Rent

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