1618 Richardson St, Victoria, BC V8S1R4
1618 Richardson St, Victoria, BC V8S1R4
1618 Richardson St, Victoria, BC V8S1R4
1618 Richardson St, Victoria, BC V8S1R4
1618 Richardson St, Victoria, BC V8S1R4
1618 Richardson St, Victoria, BC V8S1R4
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$ 1,349,900
Est. payment | /mo

5 Beds

2 Baths

2,296 SqFt


Save
$ 1,349,900
Est. payment | /mo
Save

5 Beds

2 Baths

2,296 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2296

Square Footage 2,296 sqft

Price per Sqft $587

Subdivision Rockland

MLS® Listing ID 1047844

Style Character

Bedrooms 5

Year Built 1956

Lot Size 0.263 Acres

Acres 11449.0

Property Sub-Type Freehold

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:24570)

Location

Province BC

Zoning Residential

Rooms

Kitchen 2.0

Extra Room 1 Lower level 15' x 12' Bedroom

Extra Room 2 Lower level 14' x 11' Bedroom

Extra Room 3 Lower level 11' x 11' Recreation room

Extra Room 4 Lower level 3-Piece Bathroom

Extra Room 5 Main level 11' x 9' Bedroom

Extra Room 6 Main level 10' x 10' Bedroom

Interior

Heating Baseboard heaters, ,

Cooling None

Fireplaces Number 1

Exterior

Parking Features No

View Y/N Yes

View City view

Attached Garage No

Total Parking Spaces 2

Garage No

Private Pool No

Building

Architectural Style Character

Others

Ownership Freehold

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Listed by Fair Realty
Nearby Locations

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Mehrsa Maali
Mehrsa Maali

Agent License ID: 188684

+1(778) 928-7044

# 1100 1631 Dickson Ave, Kelowna, Columbia V1Y0B5, Canada

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1618 Richardson St