1618 Richardson St | $1,349,900 | MLS® 1047844
Ian Brown Agent Photo
Ian
Brown*
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 Size11449.00 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 boarder. This versatile 5-bed, 2-bath home features a layout perfect as a high-yield investment or a flexible multi-generational property. Live comfortably upstairs while using the lower level as a powerful mortgage helper. Step outside to enjoy a stunning, park-like backyard that offers a peaceful outdoor oasis. Alternatively, take advantage of the steady rental stream while you finalize design concepts and development plans for this expansive parcel. The property is currently tenanted, generating immediate cash flow of $4,900 per month. Situated in a prime, central location just minutes from transit, bike corridors, and local amenities, this is an unmatched opportunity for long-term holding or future development.


Listed by FAIR REALTY


NOTE: MLS® property information is provided under copyright © by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. The website must only be used by consumers for the purpose of locating and purchasing real estate.

Location

Use two fingers to move the map
Street View Satellite
Use two fingers to scroll demographics
Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
(click to close)

About

While I was actually born in Alberta, I have spent virtually all of my life on Vancouver Island. I have been a Real Estate practitioner for almost 20 years now (wow how time flies!!). I have a wonderful wife and I am a proud father of 2 young girls. I strive to strike a balance between work and family. Year after year I have consistently placed in the top ranks of Victoria's best Realtors and received several achievement awards. I believe this is due to my work ethic, my approachable style, and my sincere passion for providing the best possible service to my very loyal clients. I live here because I love it here. I am in this business because I love this business. Thanks for visiting and I look forward to meeting you!