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$6,390,000

Est. payment - /mo

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7,840 Sqft Lot

Active

2835 Peatt Rd Langford, BC V9B 3V5

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Kyle Kerr

kyle@initiumre.com +1(250) 818-5595

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 999727

Rental Info Unrestricted

Year Built 2014

Annual Tax Amount $29,912

Tax Year 2024

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Multi Family

Property Description

Mixed-use wood frame rental complex in Downtown Langford. 4 storey, 1 ground commercial unit, 15 residential units, mixed with 3 of 1-Bedroom+Den and 12 of 2-Bedroom. Each residential unit include a large master bedroom, deck, in-suite laundry and stainless steelappliances. Building provides covered 16 parking spaces, bike storage room and elevator service. Located at the heart of Langford,with minutes drive to Langford Centre and Westshore Town Centre, brings convenience to the residents. All residential units were fully rented with below market rents, lots of upside. Commercial unit occupied by a 5 years long term stable tenant. Existing 3.6% CAP rate, with potential to over 5% return. Contact for more details.

Location

Province BC

County Capital Regional District

Area La Jacklin

Zoning C8A

Exterior

Parking On Site 1

Total Parking Spaces 16

Others

Tax ID 029-443-008

Ownership Freehold

Listed by RE/MAX CITY

I have bought a house with Kyle Kerr as my realtor and it was a smooth professional experience. I specifically like working with a realtor like him who responds fast and communicates clearly to any questions I have promptly. He was also my realtor for the sale of my condo recently and the photographer was great and I had wonderful pictures. It sold above listing price within a day and his staff were also in contact to assist in this transaction

+1(250) 818-5595

info@initiumre.com

505 Dalton St, Victoria, V9A, 4B1