1618 Richardson Street, Victoria, British Columbia, V8S1R4

Detached House for sale in Victoria, British Columbia. Listed at $1,349,900.

5 bedrooms · 2 bathrooms · 2296 sq ft · Built in 1956

Photos of 1618 Richardson Street, Victoria, British Columbia, V8S1R4

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1618 Richardson Street, Victoria, British Columbia, V8S1R4, Victoria, British Columbia — photo 1 of 5
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1618 Richardson Street, Victoria, British Columbia, V8S1R4, Victoria, British Columbia — photo 5 of 5

MLS® 30200721

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. (id:27495)

Listing courtesy of Fair Realty · Marko Juras

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