Average square foot calculated using Size range provided by listing agent.
Description
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.Show Description