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2509 Florence Lake Rd

$1,149,900

Florence Lake

Detached4 bd · 3 ba · 2,100 sqftBuilt 1975$548/sqft174 days on market

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About this home

An exceptional opportunity to acquire a highly desirable development site in the sought-after Florence Lake area of Langford. Ability to purchase as a package with the neighbouring property 2511 Florence Lake, on its own as a great income property or for individual development. On its own, the property covers 0.53 acres (23,000+sqft). As a package, the two lots have a combined land size of approximately 1.5 acres, offering strong redevelopment potential in a rapidly growing residential corridor. Preliminary lot layout has explored a proposed density of up to 29 townhomes (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:65179)

Property details

From the listing's public record.

Lot size

0.53 acres

Year built

1975

Taxes

$4,274/yr

Strata / HOA

$0/month

Zoning

Residential

Heating

Forced air

Cooling

Central air conditioningFully air conditionedAir Conditioned

Lot

Private settingWooded areaIrregular lot sizeRockySloping

Price history

9 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Jan 6, 2026

    Listed $1,149,900

    Active174 days on marketMLS 1022111
  2. Jan 6, 2026

    Listed $1,149,900

    Active174 days on marketMLS 1022579
  3. Mar 18, 2025

    Listed $1,300,000

    Expired196 days on marketMLS 992376
  4. Sep 16, 2024

    Listed $1,000,000

    Expired182 days on marketMLS 976079
  5. Mar 11, 2024

    Listed $1,400,000

    Expired184 days on marketMLS 954968
  6. Aug 30, 2022

    Listed $1,750,000

    Expired182 days on marketMLS 913143
  7. May 1, 2013

    $430,000

    Sold167 days on marketMLS 618911
  8. May 1, 2012

    Listed $464,900

    Expired123 days on marketMLS 604645
  9. Nov 22, 2011

    Listed $499,000

    Expired160 days on marketMLS 590127

How this listing compares

Based on 18 sales in Florence Lake

Median sold

$1,047,500

Avg days on market

29 days

Avg sale-to-list

97.6%

Avg $/sqft

$373

Price per square foot

This home: $548/sqftArea average: $373/sqft

Above area average

Current market in Florence Lake

Active (same type)

5

Pending

0

All active listings

20

Months of supply

3.3

Seller's market3.3 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$870,000

Land

$600,000

Improvements

$270,000

Homes in Langford sell at 104.7% of assessed value on average.

Based on 381 recent sales.

Local price trend

How Florence Lake has moved over the last decade.

5982104Jul 2016Jun 2021May 2026

Local price index (normalized) · 119 months

Recent nearby sales

9 sales
  • 897 Cavalcade Terr

    $855,000

    5 bd · 3 ba · 2,826 sqft · $303/sqft · 19 days on market

    Sold May 28, 2026 · 98.3% of list

  • 913 Gade Rd

    $749,000

    5 bd · 3 ba · 3,598 sqft · $208/sqft · 22 days on market

    Sold May 1, 2026 · 93.6% of list

  • 2570 Buckler Ave

    $1,045,000

    4 bd · 3 ba · 2,586 sqft · $404/sqft · 20 days on market

    Sold Apr 23, 2026 · 96.3% of list

  • 204 Misty Rise

    $1,201,000

    5 bd · 3 ba · 3,532 sqft · $340/sqft · 11 days on market

    Sold Apr 15, 2026 · 100.2% of list

  • 2589 Buckler Ave

    $938,000

    3 bd · 3 ba · 1,732 sqft · $542/sqft · 10 days on market

    Sold Feb 27, 2026 · 98.7% of list

  • 2350 Setchfield Ave

    $1,050,000

    3 bd · 3 ba · 3,247 sqft · $323/sqft · 107 days on market

    Sold Feb 26, 2026 · 100% of list

  • 2606 Midnight Pl

    $1,270,000

    4 bd · 4 ba · 3,791 sqft · $335/sqft · 41 days on market

    Sold Jan 30, 2026 · 100% of list

  • 909 Cavalcade Terr

    $787,500

    6 bd · 3 ba · 2,463 sqft · $320/sqft · 14 days on market

    Sold Jan 15, 2026 · 98.4% of list

  • 2449 Earls Crt

    $920,000

    3 bd · 3 ba · 2,401 sqft · $383/sqft · 17 days on market

    Sold Jan 14, 2026 · 92% of list

More on this listing

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