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1618 Richardson St

Richardson StRocklandVictoriaBC, V8S 1R4

3
Beds
2
Baths
2,374
Sq. Ft.
$1,900,000
List Price
1618 Richardson St, Victoria, BC
32 days on market

Quick Summary

  • Expansive 48,000 sq. ft. land parcel with 292 ft. frontage
  • Flexible zoning allows for 'Missing Middle' housing development
  • Achievable 1:1 floor space ratio for high-density project
  • Competitively priced at $166 per buildable square foot
  • Opportunity for mixed single-family and 'Missing Middle' homes
  • Potential for purpose-built rental building on site
  • Quiet residential street with access to transit and amenities
  • Special consideration for projects including affordable housing

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... Show More

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. The layout allows for an achievable FSR of 1:1. Only $166/ 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. (id:54626)

Property Details

Size

2,374 sq. ft.
13 total rooms
3 Beds
2 Baths
2 Full

Parking

2 Parking Spaces
Stall

Build

Year Built
1956
Model Name
-
Basement
-
Exterior
-
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
None
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Rooms

Other

10′0″ x 17′0″

Other

12′0″ x 15′0″

Other

11′0″ x 14′0″

Recreation room

11′0″ x 11′0″

Bathroom

Bathroom

Bedroom

9′0″ x 11′0″

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Ownership Details

Ownership

Title
Freehold
Zoning
Residential

Source

Listing Brokerage

MLS® Listing
973523
Last Updated
August 20, 2024
Brokerage
Fair Realty
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