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. (id:61048)
MLS® Number | 1004130 |
Property Type | Single Family |
Neigbourhood | Walfred |
Features | Pie |
Parking Space Total | 10 |
Plan | Vip6534 |
Constructed Date | 1935 |
Cooling Type | None |
Heating Fuel | Electric |
Heating Type | Baseboard Heaters |
Size Interior | 2,669 Ft2 |
Total Finished Area | 2669 Sqft |
Type | House |
Stall |
Acreage | No |
Size Irregular | 18730 |
Size Total | 18730 Sqft |
Size Total Text | 18730 Sqft |
Zoning Type | Residential |
Level | Type | Length | Width | Dimensions |
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https://www.realtor.ca/real-estate/28497523/2645-sooke-rd-langford-walfred
Contact us for more information
Matt Bourque
Personal Real Estate Corporation
(250) 480-3000
1 (866) 232-1101
www.fairrealty.com/