1618 Richardson St
Victoria, British Columbia
MLS® 1047844
$1,349,900
- Status
- Active
- Property type
- House
- MLS® number
- 1047844
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1956
1 / 22Listing 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.
Property summary
- MLS® number
- 1047844
- Property type
- Single Family
- Building type
- House
- Square footage
- 2,296 sq ft
- Title
- Freehold
- Land size
- 11464 square feet
- Built in
- 1956
- Annual property taxes
- $7,935.20
- Parking
- 2 spaces
- Days on market
- 67 days
Features & details
- Heating
- Baseboard heaters, Electric, Wood
- Cooling
- None
- Appliances
- Washer, Refrigerator, Range - Electric, Dryer
- Lot features
- Level lot, Partially cleared, Other
- View
- City view
- Architectural style
- Character
What would this home cost you?
Based on the $1,349,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Fair Realty, Victoria.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.