About 871 Walfred Rd
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!
Features of 871 Walfred Rd
| MLS® # | 1011286 |
|---|---|
| Price | $1,999,900 |
| Bedrooms | 3 |
| Bathrooms | 1.00 |
| Square Footage | 1,276 |
| Acres | 2.01 |
| Year Built | 1972 |
| Type | Residential |
| Sub-Type | Single Family Detached |
| Status | Active |
Community Information
| Address | 871 Walfred Rd |
|---|---|
| Area | La Walfred |
| City | Langford |
| County | Capital Regional District |
| Province | BC |
| Postal Code | V9C 2P1 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Parking | Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s), Dining/Living Combo, Elevator |
|---|---|
| Appliances | Dishwasher, F/S/W/D, Microwave |
| Heating | Baseboard, Heat Pump |
| Cooling | Air Conditioning |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Wood Burning |
Exterior
| Exterior Features | Balcony/Deck |
|---|---|
| Windows | Blinds, Window Coverings |
| Roof | Asphalt Shingle |
| Construction | Wood |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | August 25th, 2025 |
|---|---|
| Days on Market | 47 |
Listing Details
| Office | Rennie & Associates Realty Ltd. |
|---|