$1,400,000

Commercial For Sale In Langford, British Columbia

$1,400,000

Property Information:

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 Features:

  • Annual Tax Amount: $4,415
  • Floor Space (approx): 2196 Square Feet
  • Lot Frontage: 16553 Square Feet
  • Lot Size: 16553.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Mixed Use
  • Road Surface Type: Paved
  • Utilities: Cable Connected, Compost, Electricity Connected, Garbage, Phone Connected, Recycling
  • Water Source: Municipal
  • Sewer:

Courtesy of: eXp Realty

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.