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1618 Richardson St, Victoria
2026-08-27
Quick Summary
- Location
- 1618 Richardson St, Victoria, British Columbia V8S1R4
- Price
- $1,349,900
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 2296 sqft
- Bedrooms:
- 5
- Bathrooms:
- 2
- Garages:
- 2
- Year of Construction:
- 1956
MLS®#1047844
Property Description
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. (id:32467)
Property Features
Building
- Appliances: Dryer, Range - Electric, Refrigerator, Washer
- Architectural Style: Character
- Cooling Type: None
- Fireplace: Yes
- Interior Size: 2296 sqft
- Building Type: House
Features
- Feature: Level lot, Partially cleared, Other
Land
- Land Size: 11449 sqft
Ownership
- Type: Freehold
Information entered by Fair Realty
Listing information last updated on: 2026-08-26 21:04:00
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.
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Valentino Prundaru REALTOR®, Licensed Real Estate Agent
- Phone:
- (250) 686-2242
- Email:
- prundaru@gmail.com
- Support Area:
- Victoria, Saanich, Oak Bay, Esquimalt, Langford, Colwood, Central Saanich, North Saanich, Sidney, View Royal, Metchosin, Highlands, Sooke, Saanich East, Saanich West, James Bay, Fairfield, Shawnigan Lake, Mill Bay, Cobble Hill, Cowichan Bay, Duncan
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- Phone:
- (250) 881-3754
- Email:
- furtado.maria@hotmail.com
- Support Area:
- Victoria, saanicheast, saanichwest, oakbay, fernwood, fairfield, langford, millhill, happyvalley, gordonhead, cedarhill, mttolmie, arbutus, 10milepoint, sooke, sidney, northsaanich, colwood, metchosin, jamesbay, victoriawest, esquimalt, viewroyal, royalbay, bearmountain, rockland
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Full ProfileRay Kong - P.Eng REALTOR®
- Phone:
- (250) 590-7011
- Mobile:
- (250) 858-0099
- Email:
- raykong2020@gmail.com
- Support Area:
- Victoria, Sidney, Sooke, Langford, Colwood, Saanish east, Saanich West, View royal, Metchosin, Saanich Peninsula
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