2840 Peatt Rd, Langford, BC, V9B 3V4

MLS® # 1021902

new listing

Commercial For Sale In Langford, British Columbia

$27,000,000 QuickQuote^TM: Not Available

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2840 Peatt Rd, Langford, BC, V9B 3V4

$27,000,000

Property Information:

FULLY LEASED CLASS AAA OFFICE BUILDING - COURT ORDERED SALEProminently located in downtown Langford, Terminus is a 5 storey office building with retail at grade, comprised of 59,009sf of rentable area. Built to LEED Gold standards in 2021, the building is fully leased and combines modern West Coast architecture with innovative mass timber building technology. The City of Langford is rapidly growing with a population of approximately 50,000, making it a key urban center in Greater Victoria. The Terminus has served to attract top-tier tenants that include a diverse mix of government, retail, and professional service tenants, providing a stable income stream. The building offers prestige and best in-class amenities including but not limited to: ample parking and EV charging on-site, outdoor patio, secure bike storage, showers, geothermal heating and cooling, dedicated signage, raised floor system, etc. Terminus is an exceptional property in one of Canada's most resilient markets.

Property Features:

Annual Tax Amount: $377,669
Built in: 2021
Floor Space (approx): 59009 Square Feet
Lot Frontage: 24563 Square Feet
Lot Size: 0.56 Acres
Ownership: Freehold
Parking Features: On Site
Property Sub Type: Office
Road Surface Type: Paved
Zoning: MU2
No. of Parking Spaces: 153

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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Market Price Trends

Location of 2840 Peatt Rd, Langford, BC, V9B 3V4

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

23 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

23 hot days expected in 2050

24/100

Moderate-Low

ClimateCheck®

Current data

This property, 2840 Peatt Rd , experiences 7 hot days per year at around 26.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 23 hot days at 29.9 degrees Celsius.

Projected Avg. Temperature

Past

26.9℃

2050

29.9℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

87/100

High

ClimateCheck®

Current data

This property, 2840 Peatt Rd , experiences 12 significant 2-day storms per year, with about 511.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 588.6mm of precipitation per year.

Precipitation Per Storm

Past

511.6mm

2050

588.6mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 2840 Peatt Rd, Langford, BC, V9B 3V4

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$83,457.76

Average Number of Children

1.41

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.63 %

High school certificate or equivalent

33.82 %

Apprenticeship trade certificate/diploma

8.29 %

College/non-university certificate

17.97 %

University certificate (below bachelor)

2.64 %

University Degree

23.67 %

Commuter

Travel To Work

By Car

73.11 %

By Public Transit

10.17 %

By Walking

15.02 %

By Bicycle

0.15 %

By Other Methods

1.55 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

86.78 %

Houses

13.22 %

Own Vs. Rent

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Property Information:

Property Features:

Market Price Trends

Location of 2840 Peatt Rd, Langford, BC, V9B 3V4

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 2840 Peatt Rd, Langford, BC, V9B 3V4

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

2840 Peatt Rd, Langford, BC, V9B 3V4

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing