Property Type: Land / LotOwnership: Freehold

2511 Florence Lake Rd

Langford, BC V9B4H3

$1,149,900

7 bed4 bath4 parkingBuilt 1974
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Property Details

Property & Lot

Lot size
0.82 acres
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$5,992.3

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning, Fully air conditioned, Air Conditioned
Fireplace
Yes (2)

Parking

Total spaces
4 — covered indicated
Features
Carport

Room Dimensions

RoomLevelDimensions
KitchenSecond level
KitchenMain level
KitchenLower level
BathroomSecond level
BathroomMain level
BathroomMain level
BathroomLower level
BedroomSecond level
BedroomSecond level
BedroomMain level
BedroomMain level
BedroomMain level
BedroomLower level
BedroomLower level

Listing Information

MLS®
1042433
Listed
July 6, 2026
Time on market
On the market for 56 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver Island · Data source: CREA DDF.

Description

An exceptional opportunity to acquire a highly desirable development site in the sought-after Florence Lake area of Langford. It has a great income property or for individual development project. The property covers 0.82 acres (35,000+sqft), offering strong redevelopment potential in a rapidly growing residential corridor. Preliminary lot layout has explored a proposed townhomes site(buyer to verify with Langford), making this an ideal site for a high-quality multi-family project. The area is well-suited to townhome living, with a blend of established residential neighborhoods, new developments, and natural West Coast surroundings. For more information, including a proforma, please reach out. (id:63159)

Location Insights

Weather

Nearest station: Esquimalt

15°C

Humidity 82%

Wind N 2 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

46,584

(2021 Census)

+31.8% since 2016

Density: 1,124.4/km²

Dwellings: 19,968

Median household income: $93,000

After-tax: $82,000

Immigrant population: 15.8%

Top countries of origin (% of total population)

  • United Kingdom2.5% · 1,165
  • Philippines2.2% · 1,005
  • India1.4% · 655
  • United States of America1.1% · 520
  • China0.8% · 380
  • Korea, South0.5% · 230
  • Viet Nam0.4% · 170
  • Germany0.4% · 165

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Lakewood ElementaryElementary614 m
Ruth King ElementaryElementary1.2 km
Spencer Middle SchoolMiddle1.3 km
Millstream ElementaryElementary1.4 km
David Cameron ElementaryElementary2.5 km
Belmont SecondaryElementary2.5 km
Savory ElementaryElementary2.6 km
Willway ElementaryElementary2.7 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Parks (5+)

  • Florence Lake Park North146 m
  • Ironwood Park241 m
  • Unnamed309 m
  • Shaw Park313 m
  • Strachan Park · 2495 Setchfield Avenue334 m

Nearby places data: © OpenStreetMap contributors.

School district: Sooke (SD62)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($89,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$919,920.00
Periodic payment — Principal & Interest (monthly)$5,935.01
Additional monthly expenses (strata, tax, utilities, etc.)$499.36
Total monthly cost$6,434.37
Interest paid over 5-yr term$263,651.72
Balance at end of term$827,471.02

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$89,990
Stress test qualifying rate8.09%
Payment you must qualify for$8,150.34

Cash Needed at Closing

Minimum down payment$89,990
Estimated BC PTT$20,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$112,488

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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