1167 Goldstream Ave

Rarely does a lakefront opportunity like this surface — and this one hasn't been available for 37 years. Sitting on 96 feet of prime Langford Lake shoreline, this 11,543 sq ft lot is one of the best positions on the lake. The value is in the land and what BC's multi-unit housing legislation now makes possible. Lots of this size are permitted up to four units — build a dream home plus two or three rentals for ongoing income. Live in one, rent the rest. Buyer to conduct their own due diligence regarding permitted uses and development potential. The existing home can be rented as a holding strategy in the meantime.… (continued online)