3 Bedroom
1 Bathroom
1,519 ft2
Fireplace
Air Conditioned
Baseboard Heaters, Heat Pump
Acreage
$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:60626)
Property Details
|
MLS® Number
|
1011286 |
|
Property Type
|
Single Family |
|
Neigbourhood
|
Walfred |
|
Parking Space Total
|
5 |
|
Plan
|
Vip22719 |
Building
|
Bathroom Total
|
1 |
|
Bedrooms Total
|
3 |
|
Constructed Date
|
1972 |
|
Cooling Type
|
Air Conditioned |
|
Fireplace Present
|
Yes |
|
Fireplace Total
|
1 |
|
Heating Type
|
Baseboard Heaters, Heat Pump |
|
Size Interior
|
1,519 Ft2 |
|
Total Finished Area
|
1276 Sqft |
|
Type
|
House |
Parking
Land
|
Acreage
|
Yes |
|
Size Irregular
|
2.01 |
|
Size Total
|
2.01 Ac |
|
Size Total Text
|
2.01 Ac |
|
Zoning Type
|
Residential |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Main Level |
Living Room |
18 ft |
15 ft |
18 ft x 15 ft |
|
Main Level |
Bedroom |
11 ft |
8 ft |
11 ft x 8 ft |
|
Main Level |
Primary Bedroom |
14 ft |
11 ft |
14 ft x 11 ft |
|
Main Level |
Bedroom |
12 ft |
10 ft |
12 ft x 10 ft |
|
Main Level |
Bathroom |
|
|
3-Piece |
|
Main Level |
Entrance |
9 ft |
5 ft |
9 ft x 5 ft |
|
Main Level |
Kitchen |
12 ft |
9 ft |
12 ft x 9 ft |
|
Main Level |
Dining Room |
24 ft |
8 ft |
24 ft x 8 ft |
