1618 Richardson Street, Victoria, British Columbia V8S 1R4
$1,349,900
- 5 bedrooms
- 2 bathrooms
- 2,296 Square Feet
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 ... read more
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. (id:39198)
- Listing ID: 1047844
- Property Type: Single Family
- Year Built: 1956
| Property | |
|---|---|
| Style: | Character |
| Ownership: | Freehold |
| Lot Size: | 11449 Sqft |
| Parking: | Stall 2 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Range - Electric, Refrigerator, Washer and Dryer |
| HVAC: | Baseboard Heaters and Fireplace Electric, Wood |
| Location | |
|---|---|
| Town: | Victoria |
| Province: | British Columbia |
| Rooms | Level | Dimensions |
|---|---|---|
| Kitchen | Additional Accommodation | 10 x 10 |
| Bedroom | Lower level | 15' x 12' |
| Bedroom | Lower level | 14' x 11' |
| Recreation room | Lower level | 11' x 11' |
| Bedroom | Main level | 11' x 9' |
| Bedroom | Main level | 10' x 10' |
| Bathroom | Main level | 4-piece |
| Bathroom | Lower level | 3-piece |
| Primary Bedroom | Main level | 13' x 11' |
| Kitchen | Main level | 13' x 10' |
| Dining room | Main level | 13' x 9' |
| Living room | Main level | 18' x 11' |
| Entrance | Main level | 7' x 5' |
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