Property Type: Land / LotOwnership: Freehold

936 Walfred Rd

Langford, BC V9C2P4

$2,936,888

6 bed6 bath5 parkingBuilt 1974
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Property Details

Property & Lot

Lot size
1.23 acres
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$6,061.26

Interior

Heating
Baseboard heaters, Oil, Electric
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
5

Room Dimensions

RoomLevelDimensions
BathroomOther2-Piece
BedroomOther21'7 x 25'4
BathroomOther4-Piece
KitchenOther11'8 x 8'1
StorageLower level12'6 x 12'10
StorageLower level7'8 x 9'3
BathroomLower level3-Piece
BedroomLower level17'4 x 9'3
Family roomLower level12'11 x 21'8
KitchenLower level12'6 x 16'6
BathroomMain level2-Piece
BathroomMain level4-Piece
KitchenMain level10'6 x 15'1
EnsuiteMain level4-Piece
BedroomMain level9'3 x 13'0
BedroomMain level9'3 x 10'10
BedroomMain level9'4 x 10'6
Primary BedroomMain level15'7 x 10'8

Listing Information

MLS®
1027084
Listed
February 26, 2026
Time on market
On the market for 186 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Camosun · Data source: CREA DDF.

Description

Country living in the city! This rare 1.23-acre development opportunity in Langford, BC, is privately set back off Walfred Rd with access from Isabell Rd. The property offers endless possibilities — maintain it as a generational home, income property, or explore options such as a nature-based daycare or development. Development potential includes subdivision into 6–7 single-family lots, or rezoning to RM7A (or similar) with capacity for 22+ townhomes. With strong holding income, flexible redevelopment paths, and a prime location in one of Canada’s fastest-growing communities, this property is an exceptional opportunity for investors and developers. PLEASE DO NOT WALK THE PROPERTY WITHOUT AN APPROVED APPOINTMENT (id:63159)

Location Insights

Weather

Nearest station: Esquimalt

13°C

Humidity 89%

Wind NNE 2 km/h

Today

20°

Tonight

13°

Wednesday

15°

Wednesday night

12°

Thursday

17°

Thursday night

11°

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

19

2/9 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
Happy Valley ElementaryElementary613 m
Lighthouse Christian Academy(Independent)K-121.3 km
Belmont SecondaryElementary1.5 km
Wishart ElementaryElementary2.1 km
David Cameron ElementaryElementary2.2 km
Spencer Middle SchoolMiddle2.4 km
Westshore Secondary SchoolSecondary2.6 km
Colwood 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

Restaurants (2)

  • Pizzability Glenlake373 m
  • My Name Is Sushi652 m

Parks (5+)

  • Unnamed85 m
  • Winnie Sifert Park133 m
  • Unnamed221 m
  • Ed Fisher Memorial Park221 m
  • Unnamed235 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: 20.0% ($587,378) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,349,510.00
Periodic payment — Principal & Interest (monthly)$15,158.24
Additional monthly expenses (strata, tax, utilities, etc.)$505.11
Total monthly cost$15,663.35
Interest paid over 5-yr term$673,376.32
Balance at end of term$2,113,391.84

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$587,378
Stress test qualifying rate8.09%
Payment you must qualify for$18,066.91

Cash Needed at Closing

Minimum down payment$587,378
Estimated BC PTT$66,107
Legal / closing costs (typical estimate)$1,500
Total cash needed$654,984

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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