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.
| Address |
1618 Richardson St |
| List Price |
$1,735,000 |
| Property Type |
Residential |
| Type of Dwelling |
Single Family Residence |
| Style of Home |
Character |
| Area |
Victoria |
| Sub-Area |
Vi Fairfield West |
| Bedrooms |
3 |
| Bathrooms |
2 |
| Floor Area |
2,030 Sq. Ft. |
| Lot Size |
11449 Sq. Ft. |
| Lot Size Acres |
0.26 Ac. |
| Year Built |
1956 |
| MLS® Number |
973523 |
| Listing Brokerage |
Fair Realty
|
| Basement Area |
Full, Partially Finished, With Windows |
| Postal Code |
V8S 1R5 |
| Tax Amount |
$5,894 |
| Tax Year |
2023 |
| Features |
Baseboard, Dining/Living Combo, Electric, F/S/W/D, Tile, Wood, Wood |
| Amenities |
Balcony/Patio, Cleared, Level, Rectangular Lot |
