1618 Richardson St, Victoria BC V8S 1R4

1618 Richardson St, Victoria BC V8S 1R4 - Single Family for Sale in Victoria, BC

This 5 bedroom, 2 bathroom single family is listed for sale at $1,349,900 in Victoria, British Columbia. The property offers 2296.00 square feet of living space. Built in 1956. Lot size: 11,326 sq ft (0.26 acres).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 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.

Property features include: Dryer, Oven/Range Electric, Range Hood, Refrigerator, Washer.

Looking for homes for sale in Victoria? Browse Victoria real estate listings,residential properties, and Vancouver Island homes on IslandSold.com. Located in the Vi Rockland neighborhood. Part of the Victoria area.