1618 Richardson St, Victoria

2026-08-27

1618 Richardson St, Victoria, British Columbia

5 Bed 2 Bath 2296 ft² 2 Garage
For Sale Single Family
$1,349,900

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 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:32467)

Building Single Family
Rooms
Bedrooms 5
Bathrooms 2
Square Footage 2296 ft²
Built in 1956
Parking Type 2
Neighbourhood Victoria

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Your One Percent Realty
Commission savings†

$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 2.5% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950

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Valentino
Valentino ‎ Prundaru

REALTOR®, Licensed Real Estate Agent

prundaru@gmail.com

(250) 686-2242

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
Full MLS Real Estate Services at Low Commission for Sellers! Cash Back for Buyers! Meet Valentino: Integrity, Professionalism, Honesty "My Commitment to You: Outstanding Service, Unbeatable Savings!"With a career spanning nearly two decades in the Greater Victoria real estate market, Valentino Prundaru has been a trusted name since 2005. Renowned for his integrity, honesty, and...
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