1618 Richardson St | $1,349,900 | MLS® 1047844
Mike Pearce* Agent Photo
Mike
Pearce*
P. (778) 433-8885
 Phone Mike
ENGEL & VOLKERS VANCOUVER ISLAND
735 Humboldt St
 Victoria, BC
 Canada V8W 1B1
MLS® 1047844

Details

%
Years (35 year max)
Years



Address 1618 Richardson St
AreaVictoria
Sub AreaRockland
Postal CodeV8S 1R4
State/ProvinceBritish Columbia
CountryCanada
Price$1,349,900
Property TypeSingle Family
Bedrooms5
Bathrooms2
Floor Space2296 Square Feet
Lot Size11464.00 Square Feet
WaterfrontNo
Year Built1956
ParkingDriveway
Parking Spaces2
Taxes $7,935
Tax Year2026
MLS® #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

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About

Mike* has been in the top 1% of all Realtors in Greater Victoria from 2011 to 2016 in total number of condos and townhouses sold. He is also in the Victoria Real Estate Board’s MLS Awards’ Club as a multiple Gold Award winner, and in 2015, Mike was awarded the prestigious MLS Special Gold Award for his high standard of excellence throughout his career. 

Being born and raised in Victoria has given Mike a vast knowledge base to educate his clients on the historical market growth and on today’s current demographics. Mike’s experience in and knowledge of depreciation reports, strata bylaws, regulations, strata plans and fees, engineer’s reports, and remediation and special assessments comes from his extensive portfolio of business and in-depth studies of hundreds of strata buildings in the city. 

Mike and his family have a big love for the island and the outdoors, and, when Mike isn’t working, you can find them on the slopes, golfing, camping, or exploring the many amazing hiking trails. Mike is also a past professional golfer with over 60 wins worldwide and is a proud member of the Gorge Vale Golf Club and sponsor of the Island Professional Golf Tour. 

*Mike Pearce Personal Real Estate Corp.