942 Preston Way

Langford, British Columbia V9B 3B9

  • 942 Preston Way, Langford, British Columbia  V9B 3B9 - Photo 1 - 1020443

    $2,975,000

  • 942 Preston Way, Langford, British Columbia  V9B 3B9 - Photo 2 - 1020443

    $2,975,000

  • 942 Preston Way, Langford, British Columbia  V9B 3B9 - Photo 3 - 1020443

    $2,975,000

  • 942 Preston Way, Langford, British Columbia  V9B 3B9 - Photo 4 - 1020443

    $2,975,000

  • 942 Preston Way, Langford, British Columbia  V9B 3B9 - Photo 5 - 1020443

    $2,975,000

  • 942 Preston Way, Langford, British Columbia  V9B 3B9 - Photo 6 - 1020443

    $2,975,000

  • 942 Preston Way, Langford, British Columbia  V9B 3B9 - Photo 7 - 1020443

    $2,975,000

  • 942 Preston Way, Langford, British Columbia  V9B 3B9 - Photo 8 - 1020443

    $2,975,000

  • 942 Preston Way, Langford, British Columbia  V9B 3B9 - Photo 9 - 1020443

    $2,975,000

  • 942 Preston Way, Langford, British Columbia  V9B 3B9 - Photo 10 - 1020443

    $2,975,000

  • 942 Preston Way, Langford, British Columbia  V9B 3B9 - Photo 11 - 1020443

    $2,975,000

  • 942 Preston Way, Langford, British Columbia  V9B 3B9 - Photo 12 - 1020443

    $2,975,000

  • 942 Preston Way, Langford, British Columbia  V9B 3B9 - Photo 13 - 1020443

    $2,975,000

  • 942 Preston Way, Langford, British Columbia  V9B 3B9 - Photo 14 - 1020443

    $2,975,000

  • 942 Preston Way, Langford, British Columbia  V9B 3B9 - Photo 15 - 1020443

    $2,975,000

  • 942 Preston Way, Langford, British Columbia  V9B 3B9 - Photo 16 - 1020443

    $2,975,000

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Exceptional development & investment opportunity in the heart of Langford, BC—Canada’s fastest-growing city. This 0.49-acre (21,344 sf) flat, rectangular lot sits in the city Centre with RM3 zoning permitting up to 6 storeys, and strong potential to rezone to CC1 for higher density and mixed-use possibilities. The property features a well-maintained 10-unit apartment building with long-term tenants, generating over $110,000 annually. Unit mix includes bachelor, 1-bed & 2-bed suites. A professional management team is already in place, supported by 15 on-site parking stalls and multiple recent updates. Walking distance to schools, parks, shopping malls, transit and major retailers including Costco, Home Depot, superstore, Walmart & more. Ideal as a stable income-producing asset with extraordinary future redevelopment upside. Perfect for both investors & developers looking for a prime Langford city-centre location. (id:45055)

  • Property Details
    MLS® Number 1020443
    Property Type Vacant Land
    Neigbourhood Jacklin
    ParkingSpaceTotal 14
    Plan Vip26876
  • Building
    ConstructedDate 1927
    Open
  • Land
    Acreage No
    SizeIrregular 21344
    SizeTotal 21344 Sqft
    SizeTotalText 21344 Sqft
    ZoningDescription Rm3
    ZoningType Multi-family
  • Rooms
  • Utilities