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2698 Secretariat Way
La Florence Lake Langford V9B 5T1

$1,400,000
Commercial Sale

Main Photo: 2698 Secretariat Way in Langford: La Florence Lake Mixed Use for sale : MLS®# 951490
Photo 1: 2698 Secretariat Way in Langford: La Florence Lake Mixed Use for sale : MLS®# 951490
Photo 2: 2698 Secretariat Way in Langford: La Florence Lake Mixed Use for sale : MLS®# 951490
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
951490
Exciting Land Development Opportunity! This exceptional development site boasts 31,000+ square feet of land, featuring an impressive frontage of over 215 feet along Citation Road and Secretariat Way. Strategically located in close proximity to key amenities such as bus routes, Costco, renowned restaurants, Millstream Village, and the prestigious Bear Mountain's 36-hole golf course. Notably, the property adheres to Langford's minimum size and frontage requirements for condominiums and townhouses, positioning it as an ideal choice for various residential development projects. The current zoning is R2, allowing for potential subdivision into smaller R2 lots suitable for fourplexes. However, achieving a successful transition to a multifamily site will require navigating the rezoning process, an integral step in the application. Seize this incredible opportunity to contribute to the creation of a thriving community in this highly sought-after location!
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building, Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
La Florence Lake, Langford
Bathrooms:
- (Full:-/Half:-)
Lot Size:
15,246 sq. ft.
Taxes:
Electricity:
Yes
Ceiling Heights:
Total Building Area:
2,196 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Langford
Legal Description:
Units in Building:
Units in Community:
Occupancy:
Owner
Utilities:
Cable Connected, Electricity Connected, Garbage, Phone Connected, Recycling
Parking Features:
On Site
Road Surface Type:
Paved
Total Units:
Date Listed:
Jan 19, 2024
Original Price:
1700000.0
  • Photo 1: 2698 Secretariat Way in Langford: La Florence Lake Mixed Use for sale : MLS®# 951490
    Photo 1 of 2
  • Photo 2: 2698 Secretariat Way in Langford: La Florence Lake Mixed Use for sale : MLS®# 951490
    Photo 2 of 2
Listed by eXp Realty
Data was last updated December 27, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
51
Avg list price:
$1,400,000
Min list price:
$150,000
Max list price:
$10,900,000
Avg days on market:
133
Min days on market:
6
Max days on market:
470
These statistics are generated based on the current listing's property type and located in Langford. Average values are derived using median calculations.

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.