871 Walfred Rd Langford, British Columbia V9C 2P1
$1,999,900
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:59709)
Business
| Business Type | Other |
| Business Sub Type | Other |
Property Details
| MLS® Number | 1011593 |
| Property Type | Business |
| Neigbourhood | Walfred |
| Parking Space Total | 5 |
| Plan | Vip22719 |
Building
| Cooling Type | Air Conditioned |
| Heating Type | Baseboard Heaters, Heat Pump |
| Size Exterior | 1519 Sqft |
Land
| Acreage | Yes |
| Size Irregular | 2.01 |
| Size Total | 2.01 Ac |
| Size Total Text | 2.01 Ac |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/28773925/871-walfred-rd-langford-walfred
Contact Us
Contact us for more information
Mike Pearce
Personal Real Estate Corporation
www.mikepearcerealty.com/
www.facebook.com/islandrealmrealestate
twitter.com/islandrealmre
www.instagram.com/islandrealmrealestate/
502 Pembroke St
Victoria, British Columbia V8T 1H4
(604) 682-2088
rennie.com/
www.facebook.com/renniegroup/
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www.instagram.com/rennie.group/
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August 25 2025 07:21:00
Victoria Real Estate Board
Rennie & Associates Realty Ltd.