Property Information:

Excellent investment opportunity! Fully leased 8-unit rental townhouse complex completed in 2011 and recently renovated (all but two suites). Centrally located on Peatt Road, the property is within walking distance of downtown Langford. The OCP designates the Property as “Downtown” permitting 28-30 storeys upon future redevelopment. The property is comprised of two 2-storey walk-up buildings with a total of eight (8) two-bedroom, one-bathroom suites. Each of the suites benefits from the convenience of its own in-suite laundry and exterior access. The property offers 10 surface parking stalls, large storage lockers, and two enclosed garages. Six of the eight suites have undergone renovations throughout featuring laminate flooring, fresh paint, a new kitchen and bathroom equipped with quality cabinetry finishes, quartz countertops, and new appliances. The building also benefits from a new sprinkler system and the exterior was recently painted along with a refresh of the landscaping.

Property Features:

Annual Tax Amount: $16,185
Built in: 2011
Floor Space (approx): 6692 Square Feet
Lot Frontage: 8147 Square Feet
Lot Size: 8147.00 Square Feet
Ownership: Freehold
Parking Features: On Site
Property Sub Type: Multi Family
Zoning: RM7A
No. of Parking Spaces: 12

Courtesy of: AY Victoria Realty Ltd.

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.

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Demographic Information of 2645 / 2647 Peatt Rd, Langford, BC, V9B 3T9

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$100,066.28

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.73 %

High school certificate or equivalent

32.18 %

Apprenticeship trade certificate/diploma

8.93 %

College/non-university certificate

22.33 %

University certificate (below bachelor)

1.6 %

University Degree

20.23 %

Commuter

Travel To Work

By Car

83.15 %

By Public Transit

5.09 %

By Walking

7.4 %

By Bicycle

2.3 %

By Other Methods

2.06 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

54.16 %

Houses

45.84 %

2645 / 2647 Peatt Rd, Langford, BC, V9B 3T9