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$3,400,000
Est. payment /mo
0.52 Acres Lot
UPDATED:
10/18/2024 03:21 PM
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 943565
Rental Info Unrestricted
Annual Tax Amount $10,071
Tax Year 2023
Lot Size 0.520 Acres
Acres 0.52
Property Description
Colliers is pleased to present 2749, 2753, and 2757 Strathmore Road (collectively the “Property”), a 22,510 SF multifamily development site with frontage along Strathmore Road and Scafe Road. The Property is located in the heart of Langford, steps from Goldstream Avenue, Langford’s primary downtown pedestrian and vehicle corridor, and home to numerous amenities and services. The Property is designated CC2 on the City of Langford's City Centre Map. The vendors have conceptual plans for a six (6) storey, 48-unit multifamily development, and they are available for review in Colliers’ virtual data room. The conceptual plans are for illustrative purposes only, and the final density/units approved may vary. The Property also benefits from over $120,000 in annual holding income from the three existing residential tenancies. The Vendor will also consider a subject-to-rezone offering.
Location
Province BC
County Capital Regional District
Area La Langford Proper
Others
Ownership Freehold
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Listed by Colliers
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