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Property Description

Investment Alert! Welcome to 871 Walfred a 2.03 acre property with a lovingly cared for 3 bedroom home and a thriving communications business. The business leases run with the property & net approx $130,000 per year making this a high rate cap property. Long term leases in place with companies such as Telus, Freedom mobile, and Sirius XM. Highest ASL site in Langford, towers are registered with ISET Canada, Ham Radio amateur site, and call sign VE7BEU, Al Muir. The communication companies have access to the sites and the lease holder is basically hands off. The land was purchased in 1972 by the existing owners for the creation of the communication business. It has been a great run and now it���s time to pass on this well established business on as it���s time to retire. Choose to live in the extremely quiet home with no through road or rent it out and increase your cap rate further! Many future land development options making this a great long term investment!

Overview

Property Status
Sold
Date Sold
November 30, 2025
Lot Size
87,556 Sq.Ft.
MLS ID
1011286
Property Type
Residential
Year Built
1972

Features & Amenities

Water Source
Public
Roof
Asphalt
Parking
Driveway
Heat Type
Baseboard, Heat Pump
Fireplace
Wood Burning
Appliances
Dishwasher, Microwave
Other Interior Features
Ceiling Fan(s), Elevator
Sewer
Septic Tank
Price Upon Request

Downloads

871 Walfred Rd

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Thank you

for your interest in 871 Walfred Rd, Langford, BC V9C 2P1, Canada