1618 Richardson St, Victoria, BC V8S 1R4
- $1,349,900
- 5
- BD
- 2
- BA
- 2,296
- SqFt
Courtesy of Fair Realty
- List Price
- $1,349,900
- Status
- ACTIVE
- MLS®
- 1047844
- Property Type
- Single Family Residential
- Year Built
- 1956
- Style
- Character
- Bedrooms
- 5
- Total baths
- 2
- Living Area
- 2,296
- Acres
- 0.26
- Lot Size
- 11,464
- District
- Victoria
- Neighbourhood
- Vi Rockland
Property Description
Investors and Developers Alert! Exceptional holding property with immediate revenue or prime development potential under Missing Middle on a rare 70-foot-wide frontage lot on the Rockland/Fairfield border. This versatile 5-bed, 2-bath home is ideal as a high-yield investment or flexible multi-generational property. Live upstairs while using the lower level as a mortgage helper. Enjoy a stunning, park-like backyard offering a peaceful outdoor oasis. Alternatively, take advantage of steady rental income while finalizing development plans for this expansive parcel. Currently tenanted, generating $4,900 per month. The adjacent property at 1622 Richardson is also available. Together, the two properties offer approximately 145 feet of combined frontage and 23,584 sq.ft. of land. Situated in a prime central location minutes from transit, bike corridors, and local amenities, this is an unmatched opportunity for holding, land assembly, or future development.
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Additional Information
- Layout
- Main Level Entry with Lower Level(s)
- Lot Features
- Cleared, Level, Serviced, Shopping Nearby, Sidewalk
- Heating
- Baseboard, Electric, Wood
- Flooring
- Tile, Wood
- Roof
- Asphalt Shingle
- Parking Spaces
- 2
- Exterior Features
- Balcony/Patio, Fencing: Partial
- Interior Features
- Dining/Living Combo
- Parking Type
- Driveway
- Kitchens
- 2
- Laundry Feature
- In House
- Fireplace Description
- Living Room
- Taxes
- $7,935
- Rentals Allowed
- Unrestricted
- Pets Allowed
- Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Mortgage Calculator
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