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2694 Secretariat Way
La Florence Lake Langford V9B 5T1

$1,400,000
Commercial Sale

Main Photo: 2694 Secretariat Way in Langford: La Florence Lake Mixed Use for sale : MLS®# 951484
Photo 1: 2694 Secretariat Way in Langford: La Florence Lake Mixed Use for sale : MLS®# 951484
Photo 2: 2694 Secretariat Way in Langford: La Florence Lake Mixed Use for sale : MLS®# 951484
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
951484
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:
16,553.115 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, Compost, Electricity Connected, Garbage, Phone Connected, Recycling
Parking Features:
On Site
Road Surface Type:
Paved
Total Units:
Date Listed:
Jan 19, 2024
Original Price:
1800000.0
  • Photo 1: 2694 Secretariat Way in Langford: La Florence Lake Mixed Use for sale : MLS®# 951484
    Photo 1 of 2
  • Photo 2: 2694 Secretariat Way in Langford: La Florence Lake Mixed Use for sale : MLS®# 951484
    Photo 2 of 2
Listed by eXp Realty
Data was last updated April 13, 2024 at 10:05 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$1,639,913
Min list price:
$687,400
Max list price:
$2,564,490
Avg days on market:
66
Min days on market:
43
Max days on market:
92
These statistics are generated based on the current listing's property type and located in La Florence Lake. Average values are derived using median calculations.
JEFF MEYER
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.