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 Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building
Year built:
2011
(Age: 15)
Lease Type:
Sale of Assets
Listing General Location:
La Langford Proper, Langford
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
8,147 sq. ft.757 m2
Taxes:
$16,185 /
2025
Number of Storeys:
2
Total Building Area:
6,692 sq. ft.622 m2
Commercial Area:
Western Communities
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
3399000.0
Assessment year:
2026
Net Operating Income:
161170.0
Jurisdiction name:
City of Langford
Legal Description:
Lot 1, Section 109, Esquimalt District, Plan 23389, Except Part in Plan VIP88755
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Listed by AY Victoria Realty Ltd.
Data was last updated June 25, 2026 at 08:05 AM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$1,621,375
Min list price:
$250,000
Max list price:
$24,800,000
Avg days on market:
160
Min days on market:
27
Max days on market:
498
These statistics are generated based on the current listing's property type
and located in
La Langford Proper. Average values are
derived using median calculations. This data is not produced by
the MLS® system.