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1618 Richardson St, Victoria BC V8S 1R4
1 / 22

$1,349,900

1618 Richardson St, Victoria BC V8S 1R4, Victoria

5 bd · 2 ba · 2,296 sqft

Bedrooms
5
Bathrooms
2
Size
2,296 sqft
Type
Single Family Residence
MLS® Number
1047844

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.

Listed by Fair Realty

Listing data via VIVA, the MLS® System of the Victoria and Vancouver Island Real Estate Boards; courtesy of Fair Realty.

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. VREB IDX Reciprocity Program

Allie Hampton

Allie Hampton · Realtor® | BRIX Real Estate Group | Real Broker BC Ltd. · License #191385

(236) 969-2366 · allie@alliehampton.com