Langford, BC V9C2P1,871 Walfred Rd
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$ 1,999,900
Est. payment /mo
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871 Walfred Rd Langford, BC V9C2P1

3 Beds

1 Bath

1,519 SqFt


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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,519 sqft

Price per Sqft $1,316

Subdivision Walfred

MLS® Listing ID 1011286

Bedrooms 3

Year Built 1972

Lot Size 2.010 Acres

Acres 2.01

Property Sub-Type Freehold

Source Victoria Real Estate Board

Property Description

Investment Alert! Welcome to 871 Walfred a 2.03 acre property with a lovingly cared for 3 bedroom home and a thriving communications business. The business leases run with the property & net approx $130,000 per year making this a high rate cap property. Long term leases in place with companies such as Telus, Freedom mobile, and Sirius XM. Highest ASL site in Langford, towers are registered with ISET Canada, Ham Radio amateur site, and call sign VE7BEU, Al Muir. The communication companies have access to the sites and the lease holder is basically hands off. The land was purchased in 1972 by the existing owners for the creation of the communication business. It has been a great run and now it's time to pass on this well established business on as it's time to retire. Choose to live in the extremely quiet home with no through road or rent it out and increase your cap rate further! Many future land development options making this a great long term investment! (id:24570)

Location

Province BC

Zoning Residential

Rooms

Kitchen 1.0

Extra Room 1 Main level 18 ft X 15 ft Living room

Extra Room 2 Main level 11 ft X 8 ft Bedroom

Extra Room 3 Main level 14 ft X 11 ft Primary Bedroom

Extra Room 4 Main level 12 ft X 10 ft Bedroom

Extra Room 5 Main level 3-Piece Bathroom

Extra Room 6 Main level 9 ft X 5 ft Entrance

Interior

Heating Baseboard heaters, Heat Pump

Cooling Air Conditioned

Fireplaces Number 1

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 5

Private Pool No

Others

Ownership Freehold


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Listed by Rennie & Associates Realty Ltd.
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