1618 Richardson St$1,349,900
- Bed 5
- Bath 2
- SQ.FT 2296.00
- Garage 2
$ 587.94 / sq ft
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.
Property Details
- Property ID:32040954
- Price:$1,349,900
- Property Type:Residential
- Bedrooms:5
- Bathrooms:2
- Lot Size:11464.00 sq ft
- Living Area:2296.00 sq ft
- Year Built:1956
- Parking:2 spaces
- Status:Active
- City:Victoria
- State/Province:BC
- Postal Code:V8S 1R4
- Listing Agent:Marko Juras
- Office:Fair Realty
Condition
- 3 Bedrooms
- 2 Bathroom
- 1 Garage
- 1 Balcony
- 4800 sq ft
- TV
Features
- Air conditioning
- Wifi
- Swimming Pool
- Double Bed
- Balcony
- Telephone
- Garage
- Parking
- TV
- Home Theater
- Alarm
- Garage
- Gym
- Electric Range
- Private space
Floor Plans
| Size | Rooms | Bathrooms |
| 1600 | 3 | 2 |
Property Vedio
Property Location
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