C$1,349,900

1618 Richardson St, Victoria BC, V8S 1R4

Price per sqftC$587.94

Built in1956

Property size2,296 sqft

Property typeResidential

Courtesy of Fair Realty

Overview

Active

Listed Aug 26, 2026

Updated Sep 1

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.

Additional information

MLS^® ID: 1047844

Interior Features

Bedrooms: 5
Bathrooms: 2
Fireplace: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.26 Acres

Other Property Details

Taxes: $7,935
Tax Frequency: Annually
View: Yes
Pets Allowed: Yes

Courtesy of Fair Realty, Marko Juras

Listing Contact: 250-380-8297

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