1618 Richardson St | $1,735,000
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Island Realm Real Estate
502a Pembroke St
Victoria, BC
Canada V8Z 4H7

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Address 1618 Richardson St
AreaVictoria
Sub AreaFairfield West
State/ProvinceBritish Columbia
CountryCanada
Price$1,735,000
Property TypeSingle Family
Bedrooms3
Bathrooms2
Floor Space2030 Square Feet
Lot Size11449.00 Square Feet
WaterfrontNo
Year Built1956
Taxes $5,893
Tax Year2023
MLS® #973523

Incredibly rare opportunity to acquire approximately 48,000 sq.feet of land with a frontage on Richardson St. of 292 ft. 4 separate parcels of land with 4 homes. Buy/hold as a long term investment or build Missing Middle housing now. The size and configuration lends itself to many possibilities include 6 Missing Middle House Plexes with 36 units. An achievable FSR of ALMOST 1:1. Build 45,000sqft on 4 lots $160/buildable foot. A subdivision of SFHs and Missing Middle Housing together. May also be the perfect time to consider a rental building on the site with the current push for purpose built rentals. Buyer to verify possible uses with COV staff. Located on one of Victoria’s quietest streets, on the newly completed AAA biking road. Minutes to the ocean, shopping and on a BC transit route. No showing without an accepted offer (only available as a package of four homes). Homes tenanted so please respect their privacy. Special Consideration for projects including a BC housing component.


Listed by FAIR REALTY


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