10 Bed Full Duplex in Langford
SOLD - Solid Westshore investment opportunity. This is a 1973 purpose built duplex on a .2 acre lot, with a downstairs suite on each side for a total of 4 rental units. Excellent long term tenants who have taken great care of the property. All suites have benefitted from updates over the years including bathrooms, kitchens, flooring, lighting & paint. Current owner has replaced roof, upgraded stacks & drains, upgraded perimeter drainage, hooked up gas & sewer, upgraded furnaces & recently replaced HW tanks. Rental income & expenses available through your agent. The neighbouring 6 lots were part of a previously attempted land assembly. The next block is the proposed Langford Gateway project (18 & 24 story towers) which has now passed third reading for rezoning to mixed use commercial / residential. The OCP envisions this entire area as multi-family. It is very likely another assembly will take place in this block in the near future, making it an excellent holding property in the meantime. The property is fully tenanted so showings will be restricted to qualified buyers who have reviewed floorplans & tenancy info with their agent & who follow COVID guidelines.
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Team 3000 Realty Ltd
Phone: 250-686-6462 / Fax: