871 Walfred Rd, Langford

Type: Commercial
Added: 1 week ago
Updated: 1 week ago
Last Checked: 1 week ago
Listed by: Rennie & Associates Realty Ltd.
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Listing description
This Commercial listing at 871 Walfred Rd Langford, BC with the MLS Number 1011593 listed by Mike Pearce - Rennie & Associates Realty Ltd. on the Langford market 1 week ago at $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:1945)

Property Details Key information about 871 Walfred Rd

Cooling: Air Conditioned
Heating:
- Heat Pump
- Baseboard heaters

Exterior & Lot Features Learn about the exterior and lot specifics of 871 Walfred Rd

Lot Size Units: acres
Lot Size Dimensions: 2.01

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Nearby Listings Stat Estimated price and comparable properties near 871 Walfred Rd

Active listings

234

Min Price

$99,000

Max Price

$6,390,000

Avg Price

$934,578

Days on Market

78 days

Sold listings

Min Sold Price

$275,000

Max Sold Price

$1,799,900

Avg Sold Price

$838,152

Days until Sold

60 days

Nearby Places Nearby schools and amenities around 871 Walfred Rd

Redeemer Lutheran Church (1.9 km)
911 Jenkins Ave, Victoria

Royal Roads University (3.3 km)
2005 Sooke Rd, Victoria

Hatley Park National Historic Site (3.4 km)
2005 Sooke Rd, Victoria

Farol de Fisgard (4.9 km)
603 Fort Rodd Hill Rd, Victoria

Western Speedway (5.3 km)
2207 Millstream Rd, Victoria

Costco (4.1 km)
799 McCallum Rd, Langford

The Westin Bear Mountain Golf Resort & Spa, Victoria (5.8 km)
1999 Country Club Way, Victoria

Price History

Listed

August 25, 2025

by Rennie & Associates Realty Ltd.

Commercial For Sale

$1,999,900

871 Walfred Rd, Langford

Listing description This Commercial listing at 871 Walfred Rd Langford, BC with the MLS Number 1011593 listed by Mike Pearce - Rennie & Associates Realty Ltd. on the Langford market 1 week ago at $1,999,900.

Nearby Listings Stat Estimated price and comparable properties near 871 Walfred Rd

Nearby Places Nearby schools and amenities around 871 Walfred Rd

Price History

Similar Commercial Listings For Sale

Listing description
This Commercial listing at 871 Walfred Rd Langford, BC with the MLS Number 1011593 listed by Mike Pearce - Rennie & Associates Realty Ltd. on the Langford market 1 week ago at $1,999,900.