936 Walfred Rd, Langford, BC V9C 2P4

$2,900,000
5
BD
4
BA
2,871
SqFt

Courtesy of RE/MAX Camosun

List Price
$2,900,000
Status
ACTIVE
MLS®
924014
Property Type
Single Family Residential
Year Built
1974
Style
M Lev Ent w/Bsmt
Bedrooms
5
Total baths
4
Living Area
2,871
Acres
1.23
Lot Size
53,622
District
Langford
Neighbourhood
La Walfred

Property Description

We are pleased to present this 1.23 acre multifamily development opportunity in Langford, BC. Nestled privately off of Walfred Rd, the lot has vehicular access via Isabell Rd and is located in proximity to Glen Lake, Ed Fisher Park, and The Luxton Fairgrounds. The Property’s significant site size provides for an array of development options in one of Canada’s fastest growing and most development friendly communities. The current 5 bedroom / 4 bathroom single family home can generate holding income while the property is in planning phase. The current zoning allows for the subdivision of up to 6-7 lots, with a rezone to RM7A (or similar) potentially yielding upwards of 22 + townhomes. This Property is extremely well suited for development and offers investors significant yield upside. Full info package available upon request.

Additional Information

Layout
Main Level Entry with Lower Level(s)
Heating
Baseboard, Electric, Oil
Roof
Asphalt Shingle
Parking Spaces
5
Parking Type
Detached, Carport Double, Garage Triple
Kitchens
1
Laundry Feature
In Unit
Fireplace Description
Propane
Taxes
$4,571
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Mortgage Calculator

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Calculator source: Real Geeks

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