Retail for Sale — Langford Lake, Langford, BC
$1,265,000
121 2881 Leigh Rd, Langford, BC V9S4G5
Property details
Structured details
- Ownership
- Condo/Strata
- Zoning
- CC1
- Annual property tax
- $0
- Structure type
- Retail
- Parcel ID (PID)
- 031-825-311
- Parking
- 28 spaces
Listing Information
- MLS®
- 1022643
- Listed
- January 7, 2026
- Time on market
- 251 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
LAKESIDE WEST is the newest development from Draycor Construction boasting 78 residential units above 6 ground floor commercial strata units. Estimated completion of the project is September of 2026 with building currently well under way. The commercial strata will be separate from the residential allowing for more owner/occupier autonomy. Ample above ground parking along with fantastic transit access will make this a vibrant commercial hub in the area. Excellent opportunity for an owner occupier or investor to purchase a commercial retail or professional office strata unit. Unit 121 is a stand-alone pad suited to a restaurant or cafe user with access to outdoor SW plaza exposure. Hard hat tours begin in early March 2026. (id:63159)
Financing calculator
Estimate your monthly payment on the $1,265,000 asking price.
Financing details
- Monthly debt service
- $12,278
- Cash required at close
- $278,000
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Langford)
- Population
- 46,584(+31.8% since 2016)
- Population density
- 1,124.4/km²
- Median household income
- $93,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 23.6%
- Postsecondary below bachelor's
- 32.0%
- High school diploma
- 32.2%
- No certificate/diploma
- 12.2%
Population aged 15 and over.
Commute
- Car, truck or van
- 84.3%
- Public transit
- 5.1%
- Walked
- 5.8%
- Bicycle
- 2.2%
- Other
- 2.6%
Commute duration
- Under 15 min
- 30.3%
- 15–29 min
- 39.1%
- 30–44 min
- 23.0%
- 45–59 min
- 4.9%
- 60+ min
- 2.7%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (2)
- White Spot726m
- Original Pho Eatery · 2972 Jacklin Road797m
Grocery (1)
- Quality Foods601m
Parks (5+)
- Flute Lane Park98m
- Langford Lake Park317m
- Dorothy Eng Park474m
- LeQuesne Park494m
- Centennial Park · 2831 Carlow Road500m
Gyms (3)
- Mel-Fit Crosstraining Centre498m
- The Rising - Victoria Centre for Circus Arts519m
- The Westshore Warehouse522m
Banks & ATMs (1)
- Victoria Langford Branch788m
Healthcare (1)
- Cowichan Eyecare · 2968 Jacklin Road790m
Nearby places data: © OpenStreetMap contributors.
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All in Langford →Frequently asked questions
What is the asking price for this business?
The asking price is $1,265,000.
Where is this business located?
This listing is located in Langford, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.