1618 Richardson St, Victoria
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:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property details for 1618 Richardson St, Victoria
- Type
- Residential
- Style
- Character
- Bedrooms
- 5
- Bathrooms
- 2
- Living Area
- 2,296 square feet
- Lot Size
- 11464
- Heating
- Baseboard heaters, Electric, Wood
- Cooling
- None
- Ownership
- Freehold
- Annual Taxes
- $7,935
Nearby Listings Stat
Estimated price and comparable properties near 1618 Richardson St
Active Listings
1
Min Price
$1,349,900
Max Price
$1,349,900
Avg Price
$1,349,900
Days on Market
35
days
Sold Listings
1
Min Sold Price
$1,250,000
Max Sold Price
$1,250,000
Avg Sold Price
$1,250,000
Days until Sold
178
days
Neighbourhood Census Data
Victoria, British Columbia / Colombie-Britannique
Population
486
Median Age
54.9
Median Income
$38,272
Dwelling Value
$801,303
Housing Tenure
Owners 50%
Renters 46%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.5
Pop. Density: 4,003.3/km²
Avg Shelter Cost: $1,453/mo
Owners with Mortgage: 42.9%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 50%
English only: 80.9%
English and French: 19.1%
Median Household Income: $77,312
Median Employment Income: $33,536
Price History
Listed
August 26, 2026
by Fair Realty
Current Price
$1,349,900
Type
Residential
For Sale
