10 Bed Full Duplex in Langford

$1,180,000

2614 Peatt Rd
MLS® NO: 892159

Description

Solid Westshore investment opportunity. This is a 1973 purpose built duplex on a .2 acre lot, with a downstairs suite on each side for a total of 4 rental units. Excellent long term tenants who have taken great care of the property. All suites have benefitted from updates over the years including bathrooms, kitchens, flooring, lighting & paint. Current owner has replaced roof, upgraded stacks & drains, upgraded perimeter drainage, hooked up gas & sewer, upgraded furnaces & recently replaced HW tanks. Rental income & expenses available through your agent. The neighbouring 6 lots were part of a previously attempted land assembly. The next block is the proposed Langford Gateway project (18 & 24 story towers) which has now passed third reading for rezoning to mixed use commercial / residential. The OCP envisions this entire area as multi-family. It is very likely another assembly will take place in this block in the near future, making it an excellent holding property in the meantime. The property is fully tenanted so showings will be restricted to qualified buyers who have reviewed floorplans & tenancy info with their agent & who follow COVID guidelines.

General

Property Type:Full Duplex
Title of Ownership:Lot 1, Plan VIP26396, Section 0111, Esquimalt Land District
Layout:Duplex Side/Side
Taxes:$4,135
Tax Year:2021
Finished Sq. Ft.:4,447
Unfinished Sq. Ft.:269
Year Built:1973

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Interior Details

Bedroom(s): 10
Bathroom(s): 4
Basement Type: Finished, Full, Walk-Out Access, With Windows
Basement Description: 1
Appliances Included: See Remarks

Building Details

Foundation: Poured Concrete
Roof: Asphalt Torch On
Heat/Air: Baseboard, Forced Air

Site Influences

Lot SqFt: 8,712
Acres: 0.20
Water: Municipal
Waste: Sewer Connected
Parking: Driveway, On Street
Lot Features: Central Location, Cul-de-sac, Easy Access

Room Dimensions

Level 1 - 2,320 sqft

Primary Bedroom:10x10
Primary Bedroom:10x10
Bedroom:10x10
Bedroom:10x10
Bedroom:10x12
Bedroom:10x12
Bathroom:4-Piece piece
Bathroom:4-Piece piece
Kitchen:10x12
Kitchen:10x12

Level 2 - sqft

Level 3 - 2,396 sqft

Kitchen-Additional:10x10
Kitchen-Additional:10x10
Bedroom:10x13
Bedroom:10x13
Bedroom:10x07

Property Details

Beds: 10
Baths: 4
Sq. Feet: 4,447
Year Built: 1973
Property Type: Full Duplex
Municipality: Langford

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Listed with:

Naomi Larkins - Team 3000 Realty Ltd
Phone: 250-686-6462

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.