3332-3324 Lodmell Rd
Victoria · V9C3E5
$2,950,000
About this residence
HUGE DEVELOPMENT OPPORTUNITY! 1.12 ACRE LAND ASSEMBLY!!!THIS PROJECT IS READY TO BREAK GROUND!! Land clearing getting ready to start. Proudly presenting 3332, 3328 and 3324 Lodmell Road. This project has conditional approval for 5 single family home lots that allow suites plus 2 duplex lots that allow suites and to top it all off it also includes 2 existing homes which have a total resale value of 1.5MM. Monthly rental income of $5,500. Possible gold mine with Langford's zoning changes (Bylaw No.2183). PLEASE do not walk the property without an appointment. The 1975 mobile home on 3324 Lodmell is not suitable for habitation and is of no value. 3328 Lodmell Silver Label 514013. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Multi-Family
- Ownership
- Freehold
- Lot size
- 1.12
- Annual tax
- $11,414
- MLS®
- 984901
- Board
- Victoria
- Status
- Active
- Listed
- Jan 18, 2025
- Updated
- Apr 23, 2026
Financing
Estimated monthly payment
$13,796/mo
Loan amount
$2,360,000
Down payment
$590,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Victoria
Nearby
About the area
Census · V9C- 27,886
- Population
- 41
- Median age
- $109,000
- Median income
- $850,000
- Median home value
- 77%
- Home ownership
- 26 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 3332-3324 Lodmell Rd?
3332-3324 Lodmell Rd is listed for $2,950,000, in Victoria.
What type of home is 3332-3324 Lodmell Rd?
3332-3324 Lodmell Rd is a Multi-family, Multi-Family.
How large is 3332-3324 Lodmell Rd?
The home offers a lot measuring 1.12.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $13,796. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $11,414 per year.
What is the Victoria area like?
Victoria has a population of about 27,886, a median age of 41, a 77% home-ownership rate, with an average commute of about 26 minutes.
What is the average home value in Victoria?
The median dwelling value in this area is approximately $850,000, based on census data via Neighbourly.
What is the median household income in Victoria?
The median household income in this area is approximately $109,000.
Similar residences
Comparable Multi-Family near Victoria at a similar price.
Private viewings
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