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  5. Sooke

2715 Sooke Road, Walfred Langford

Price

$2,975,000

Bedrooms3 Beds

Bathrooms2 Baths

SizeNot listed

Year Built1950

Property TypeDetached Home

Property Taxes$11,617.78

Description

Court-Ordered Sale - Exceptional Development Opportunity – 1.05 Acres. An exceptional opportunity for developers and investors — this 1.05-acre property offers substantial redevelopment potential as a multi-family residential project. Many directly surrounding properties have recently been rezoned and developed as either townhouse projects, condominiums or apartments. Buyers would need to apply for and receive rezoning and other required municipal approvals for their specific intended use. This unique property offers direct access to major bus routes, adjoins the Galloping Goose Trail, and is located just minutes to all the major amenities, shopping and recreation which the City of Langford offers in spades. The site is fairly level and has both road access and services from two different road frontages. As this is a court-ordered sale, all prospective buyers must complete their own due diligence to confirm development potential, zoning requirements, available services and their capacity, and all other investigations and approvals from local municipal authorities. The property is being sold as is; where is. Opportunities like this are rare, especially with this location and easy proximity to amenities. Reach out today for a full information package. (id:39198)

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Listed By

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.

Property Dimensions


The Property Location

Mortgage Calculator

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Total Monthly Payment

$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


Discuss Your Options With Us Today

Cashflow Calculator

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Monthly Cash Flow

$300 / month


Monthly Expenses

-$1,700

Monthly Income

$2,000


Your monthly cash flow is positive

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Comber Friesen Group

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Meet Alex & Georgia

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.

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Engel & Võlkers Vancouver Island

735 Humboldt St, Victoria, BC V8W 1B1

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The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association. Review our MLS® Data Disclosure if you have any further questions