We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
942 Preston Way, Langford
2025-11-14
Quick Summary
- Location
- 942 Preston Way, Langford, British Columbia V9B3B9
- Price
- $2,975,000
- Status:
- For Sale
- Property Type:
- Vacant Land
- Year of Construction:
- 1927
MLS®#1020443
Property Description
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:32467)
Property Features
Building
- Fireplace: No
Land
- Land Size: 21344 sqft
Ownership
- Type: Freehold
Zoning
- Description: RM#
Information entered by Pemberton Holmes - Westshore
Listing information last updated on: 2025-11-18 02:03:11
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
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We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
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