Arun Rahul Group

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1618 Richardson Street, Victoria
1618 Richardson Street, Victoria
1618 Richardson Street, Victoria
1618 Richardson Street, Victoria
1618 Richardson Street, Victoria
+5 more

1618 Richardson Street, Victoria, British Columbia

$1,349,900
5
Beds
2.0
Baths
2,296
Square feet
0.2632
Acres

About 1618 Richardson Street

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:66920)

Key Features

  • Washer
  • Refrigerator
  • Range - Electric
  • Dryer
  • Level lot
  • Partially cleared
  • Other
  • Character
  • City view
  • Baseboard heaters
  • Electric
  • Wood
  • None
  • House
Arun Verma
Arun Verma
Real Estate Associate, Founder & Lead Partner
Cell: +1 403-831-7931 VIEW REALTOR® PROFILE

Payment Calculator

Estimated monthly payment
$6,313
/month · principal + interest

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Listing courtesy of Victoria Real Estate Board.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by CREA.
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