Langford, BC V9C 2P1,871 Walfred Rd
Langford, BC V9C 2P1,871 Walfred Rd
Langford, BC V9C 2P1,871 Walfred Rd
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$1,999,900
Est. payment /mo
3 Beds
1 Bath
1,276 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,276 sqft

Price per Sqft $1,567

MLS Listing ID 1011286

Style Main Level Entry with Lower Level(s)

Bedrooms 3

Rental Info Unrestricted

Year Built 1972

Annual Tax Amount $12,235

Tax Year 2024

Lot Size 2.010 Acres

Acres 2.01

Property Sub-Type Single Family Detached

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!

Location

Province BC

County Capital Regional District

Area La Walfred

Rooms

Basement Crawl Space

Main Level Bedrooms 3

Kitchen 1

Interior

Interior Features Ceiling Fan(s), Dining/Living Combo, Elevator

Heating Baseboard, Heat Pump

Cooling Air Conditioning

Flooring Carpet, Vinyl

Fireplaces Number 1

Fireplaces Type Wood Burning

Fireplace Yes

Window Features Blinds,Window Coverings

Appliance Dishwasher, F/S/W/D, Microwave

Heat Source Baseboard, Heat Pump

Laundry In House

Exterior

Exterior Feature Balcony/Deck

Parking Features Driveway

Roof Type Asphalt Shingle

Total Parking Spaces 5

Building

Building Description Wood, Basement

Faces South

Foundation Poured Concrete

Sewer Septic System

Water Municipal

Structure Type Wood

Others

Pets Allowed Yes

Tax ID 003-307-336

Ownership Freehold

Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs


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Listed by Rennie & Associates Realty Ltd.
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