Price
$2,975,000
BedroomsNot listed
BathroomsNot listed
Size1643 sqft
Year BuiltNot listed
Property TypeDetached Home
Property Taxes$11,617.78
Court-Ordered Sale – A rare and compelling opportunity for developers and investors. This 1.05-acre parcel presents significant redevelopment potential for multi-family residential use, subject to municipal approval. The surrounding area has grown substantially, with numerous properties developed as townhomes, condominiums, and apartment buildings. Ideally situated along major transit routes and adjacent to the Galloping Goose Trail, the property offers convenient access to shopping, recreation, and the full range of amenities available in the City of Langford. The site is generally level and benefits from road access and municipal services from two frontages. All purchasers are advised to do their independent due diligence regarding zoning, servicing, and development feasibility. Inquiries are encouraged—contact us today to request a comprehensive information package. (id:39198)
The listing brokerage and/or agent is eXp Realty
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
$11,656 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,380,000
Total Interest Payments
$1,467,415
Total Payment (Principal + Interest)
$3,847,415
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Realtors
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.