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2835 Peatt Rd
La Jacklin Langford V9B 3V5

$6,390,000
Commercial Sale built: 2014

Main Photo: 2835 Peatt Rd in Langford: La Jacklin Multi Family for sale : MLS®# 999727
Photo 1: 2835 Peatt Rd in Langford: La Jacklin Multi Family for sale : MLS®# 999727
Photo 2: 2835 Peatt Rd in Langford: La Jacklin Multi Family for sale : MLS®# 999727
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Photo 5: 2835 Peatt Rd in Langford: La Jacklin Multi Family for sale : MLS®# 999727
Photo 6: 2835 Peatt Rd in Langford: La Jacklin Multi Family for sale : MLS®# 999727
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Photo 12: 2835 Peatt Rd in Langford: La Jacklin Multi Family for sale : MLS®# 999727
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
999727
Year Built:
2014
Mixed-use wood frame rental complex in Downtown Langford. 4 storey, 1 ground commercial unit, 15 residential units, mixed with 3 of 1-Bedroom+Den and 12 of 2-Bedroom. Each residential unit include a large master bedroom, deck, in-suite laundry and stainless steelappliances. Building provides covered 16 parking spaces, bike storage room and elevator service. Located at the heart of Langford,with minutes drive to Langford Centre and Westshore Town Centre, brings convenience to the residents. All residential units were fully rented with below market rents, lots of upside. Commercial unit occupied by a 5 years long term stable tenant. Existing 3.6% CAP rate, with potential to over 5% return. Contact for more details.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Year built:
2014 (Age: 11)
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
La Jacklin, Langford
Bathrooms:
- (Full:-/Half:-)
Lot Size:
8,036 sq. ft.
Taxes:
Ceiling Heights:
Total Building Area:
12,341 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Langford
Legal Description:
Zoning:
C8A
Units in Building:
Units in Community:
Parking Features:
On Site
Total Parking Spaces:
16
Road Surface Type:
Paved
Total Units:
Date Listed:
May 09, 2025
Original Price:
6390000.0
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Listed by RE/MAX CITY
Data was last updated May 17, 2025 at 07:30 AM (UTC)
Area Statistics
Listings on market:
51
Avg list price:
$1,400,000
Min list price:
$295,000
Max list price:
$10,900,000
Avg days on market:
115
Min days on market:
1
Max days on market:
611
These statistics are generated based on the current listing's property type and located in Langford. Average values are derived using median calculations.
CHRISTINA STACK
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.