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502a Pembroke St
Victoria, BC
Canada V8T 1H4
Details
| Address | 1618 Richardson St |
| Area | Victoria |
| Sub Area | Fairfield West |
| State/Province | British Columbia |
| Country | Canada |
| Price | $1,649,000 |
| Property Type | Single Family |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Floor Space | 2030 Square Feet |
| Lot Size | 11449.00 Square Feet |
| Waterfront | No |
| Year Built | 1956 |
| Taxes | $7,039 |
| Tax Year | 2025 |
| MLS® # | 1024078 |
This is an incredibly rare opportunity to acquire over 47,000 square feet of land with 292 feet of frontage on Richardson Street. The site consists of four separate parcels, each currently featuring a home. With a land price of $144 per square foot there is no better place to build. Located in Rockland, Victoria's most prestigious neighborhood, this site is completely flat, ensuring an easy and affordable build. It is situated on the newly completed AAA biking road, minutes from the ocean and shopping, and located on a BC Transit route. The property size and configuration offer numerous possibilities under the new OCP, including four-story buildings, townhouses, or SFHs. The 1.6 FSR allows for up to 75,000 buildable square feet without rezoning. This is also an ideal location for a rental building with significant return given the higher rental rates for the area. The buyer is responsible for verifying any proposed subdivisions and possible uses with City of Victoria staff.
Listed by FAIR REALTY
NOTE: MLS® property information is provided under copyright © by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. The website must only be used by consumers for the purpose of locating and purchasing real estate.
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