$1,349,900
1618 Richardson Street, Victoria V8S1R4
5 Beds
2.0 Bath
2,296 Sq Ft
Built 1956
Detached
Listed by: Fair Realty.
Data provided by CREA's Data Distribution Facility.
Data provided by CREA's Data Distribution Facility.
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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 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:66934)
Location
Approximate location supplied by the listing data provider.
Features
View: City view
Parking: Stall
Parking Spaces: 2
Structure: House
Annual Taxes: $7,935
Lot Size: 11464.0
Property Details
| Property Type | Detached |
|---|---|
| Sub Type | Single Family |
| Bedrooms | 5 |
| Bathrooms | 2.0 |
| Living Area | 2,296 sq ft |
| Lot Size | 11,464 sq ft |
| Year Built | 1956 |
| Parking | 2 spaces |
| Listing ID | 1047844 |
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