1618 Richardson St | $1,349,900 | MLS® 1047844
Matt Eide Agent Photo
Matt
Eide
P. (250) 385-2033
Phone Matt
Newport Realty Ltd.
1144 Fort St
Victoria, BC
Canada V8V 3K8
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

About Matt Eide

A Pure Real Estate Enthusiast

As a third generation BC REALTOR®, Matt has made property development and the real estate industry his life's focus. Matt personally has over 10 years of property development and income property experience which to assist clients in making the perfect real estate decision.

Matt’s clients will tell you that it’s his enthusiasm for real estate, professionalism and industry knowledge that allows him to provide outstanding service to his clients. Matt understands not only that buying and selling real estate is the single largest financial decision an individual will make, but that there are other aspects beyond just the look and feel of the property, that can put a client years ahead financially. Understanding that real estate is one of the best self-made retirement plans, Matt can help you develop a plan that works for you in the short term and shapes your financial future for the long term.

Matt was born and raised on Salt Spring Island, completed a Bachelor of Commerce degree at Royal Roads University and stayed in Victoria for the perfect blend of west coast urban living and picturesque natural beauty that it offers. Matt's history with Victoria, combined with his property development and income property management in the city give him a unique perspective with which to help a client find the ideal property in one of Victoria's many fantastic neighborhoods.

Matt takes professional and personal pride in keeping his clients abreast of market trends, news and the many in-depth subtleties of purchasing and selling real estate in Victoria. Specializing in single family homes and revenue properties, Matt will use his broad experience to help you reach your real estate goals.