Price
$2,899,000
Bedrooms5 Beds
Bathrooms6 Baths
Size6473 sqft
Year Built1974
Property TypeDetached Home
Property Taxes$5,623.84
Country living in the city! This rare 1.23-acre development opportunity in Langford, BC, is privately set back off Walfred Rd with access from Isabell Rd. The property offers endless possibilities — maintain it as a generational home, income property, or explore options such as a nature-based daycare or development. Development potential includes subdivision into 6–7 single-family lots, or rezoning to RM7A (or similar) with capacity for 22+ townhomes. With strong holding income, flexible redevelopment paths, and a prime location in one of Canada’s fastest-growing communities, this property is an exceptional opportunity for investors and developers. PLEASE DO NOT WALK THE PROPERTY WITHOUT AN APPROVED APPOINTMENT (id:39198)
The listing brokerage and/or agent is RE/MAX Camosun
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.
$10,883 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,319,200
Total Interest Payments
$1,429,928
Total Payment (Principal + Interest)
$3,749,128
$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.