Name: 871 Walfred Rd, Langford | MLS® 1011593
SKU: 1011593
Price: 1999900.0 CAD
Availability: InStock

$1,999,900 Sale

Listed 1 day

871 Walfred Rd

MLS® 1011593 Business

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Beds · 0

Baths · 0.0

Parking · 5

Sqft · -

Est. mortgage

$7,587/mo

Key Facts

Key facts for 871 Walfred Rd

Property Type

Commercial

Parking

Garage: No, 5 parking

MLS #

1011593

Size

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

Investment Alert! Welcome to 871 Walfred a 2.03 acre property with a lovingly cared for 3 bedroom home and a thriving communications business. The business leases run with the property & net approx $130,000 per year making this a high rate cap property. Long term leases in place with companies such... as Telus, Freedom mobile, and Sirius XM. Highest ASL site in Langford, towers are registered with ISET Canada, Ham Radio amateur site, and call sign VE7BEU, Al Muir. The communication companies have access to the sites and the lease holder is basically hands off. The land was purchased in 1972 by the existing owners for the creation of the communication business. It has been a great run and now it’s time to pass on this well established business on as it’s time to retire. Choose to live in the extremely quiet home with no through road or rent it out and increase your cap rate further! Many future land development options making this a great long term investment! (id:10452)

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Full Property Details

Interior

Washrooms

0.0

Heating Type

Baseboard heaters, Heat Pump

Air Conditioning

Air Conditioned

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Heating Type

Baseboard heaters, Heat Pump

Air Conditioning

Air Conditioned

Full Bathrooms

Half Bathrooms

Exterior

Acreage

2.01 ac

Parking Spaces

Garage Spaces Y/N

Zoning Type

Unknown

Acreage

2.01 ac

Parking Spaces

Garage Spaces Y/N

Zoning Type

Unknown

Building Description

Home Type

Commercial

Subtype

Business

Home Type

Commercial

Subtype

Business

Community

Walfred

Area Code

Langford

Community

Walfred

Area Code

Langford

Chris Leblanc

Email: [email protected] Cell: 250-418-0717