1618 Richardson St | $1,349,900 | MLS® 1047844
Marlon Murr Agent Photo
Marlon
Murr
C. (778) 679-7755
P. (778) 433-8885
Phone Marlon ListedVictoria.ca
ENGEL & VOLKERS VANCOUVER ISLAND
2249 Oak Bay Ave
Victoria, BC
Canada V8R 1G4
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

As a real estate professional, I have a passion for helping clients achieve their dreams of buying or selling real estate. With years of experience in the industry, I bring a wealth of knowledge, skills, and expertise to the table. I understand that real estate transactions can be complex and often involve significant financial investments, which is why I work closely with my clients to ensure they have a smooth and stress-free, bespoke experience. My goal is to provide top-notch client service and to help my clients make informed decisions that align with their goals and aspirations. If you are in the market for a new home or are looking to sell your property, I would love the opportunity to work with you and make your real estate dreams a reality.