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$1,349,900

1618 Richardson St — Victoria, British Columbia

V8S1R4

Fair Realty

5Beds

2Baths

2,296Sq Ft

2Parking

1956Built

11,449Lot Sq Ft

About This Property

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. (id:63357)

Fair Realty

Property Location

Map

Property Details

Property Type: Detached
Bedrooms: 5
Bathrooms: 2
Living Area: 2,296 sqft
Year Built: 1956
Status: Active

Location & Neighborhood

What's nearby 1618 Richardson St

Nearby Schools

Margaret Jenkins Elementary
Elementary School • Public • K–7 • French Immersion
0.5 km
Glenlyon Norfolk School
K-12 School • Independent • K–12
0.6 km
Sir James Douglas Elementary
Elementary School • Public • K–7 • French Immersion
0.9 km
Central Middle School
Middle School • Public • 6–8 • French Immersion
1.2 km
Sundance-Bank Elementary
Elementary School • Public • K–7
1.4 km

Parks & Recreation

Hollywood Park
park
0.3 km
St. Charles Green
park
0.5 km
Brooke Street Park
park
0.6 km

Transit Access

Fairfield at Robertson
Bus Stop
0.3 km
Fairfield at Lillian
Bus Stop
0.4 km
Fairfield at Richmond
Bus Stop
0.4 km
Fairfield at St Charles
Bus Stop
0.4 km
Fairfield at Stannard
Bus Stop
0.5 km

Local Amenities

Grocery

Thrifty Foods0.4 km

Dining

Sushi Field0.4 km

Coffee & Cafes

Gonzales Coffee0.4 km

Pharmacy

Heart Pharmacy IDA0.4 km

POI data updated 8/26/2026

Victoria Market Snapshot

601

Active Listings

$997K

MLS® HPI Benchmark

Source: British Columbia Real Estate Association (BCREA), July 2026.

Last updated: Aug 26, 2026

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