1618 Richardson St | $1,349,900 | MLS® 1047844
Dirk VanderWal Agent Photo
Dirk
VanderWal
C. (250) 888-7049
P. (250) 385-2033
Phone Dirk dirkvanderwal.com
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


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About

Dirk's wealth of experience, extensive education, and 360° range of expertise make him uniquely qualified to give his clients the highest level of service. Specialized training in the purchase and sale of detached residences, strata homes, new construction / presales, and luxury properties, as well as digital marketing, media production, market dynamics, negotiation, and communications make Dirk his clients' secret weapon in real estate success. As researcher and co-author of The Q Report, Victoria's most in-depth real estate market intelligence, he brings a deeper understanding of the trends and forces influencing buyers and sellers by area, housing type, and price point, to maximize your success.