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:63400)
| MLS® Number | 1047844 |
| Property Type | Single Family |
| Neigbourhood | Rockland |
| Features | Level Lot, Partially Cleared, Other |
| Parking Space Total | 2 |
| Plan | Vip10250 |
| View Type | City View |
| Bathroom Total | 2 |
| Bedrooms Total | 5 |
| Appliances | Dryer, Range - Electric, Refrigerator, Washer |
| Architectural Style | Character |
| Constructed Date | 1956 |
| Cooling Type | None |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Heating Fuel | Electric, Wood |
| Heating Type | Baseboard Heaters |
| Size Interior | 2,296 Sqft |
| Type | House |
| Stall |
| Acreage | No |
| Size Irregular | 11464 |
| Size Total | 11464 Sqft |
| Size Total Text | 11464 Sqft |
| Zoning Type | Residential |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Bedroom | 15' x 12' | ||
| Lower Level | Bedroom | 14' x 11' | ||
| Lower Level | Recreation Room | 11' x 11' | ||
| Lower Level | Bathroom | 3-Piece | ||
| Main Level | Bedroom | 11' x 9' | ||
| Main Level | Bedroom | 10' x 10' | ||
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Primary Bedroom | 13' x 11' | ||
| Main Level | Kitchen | 13' x 10' | ||
| Main Level | Dining Room | 13' x 9' | ||
| Main Level | Living Room | 18' x 11' | ||
| Main Level | Entrance | 7' x 5' | ||
| Additional Accommodation | Kitchen | 10 ft | 10 ft | 10 ft x 10 ft |
https://www.realtor.ca/real-estate/30200721/1618-richardson-st-victoria-rockland
Marko Juras
Personal Real Estate Corporation
(250) 480-3000
1 (866) 232-1101
www.fairrealty.com/
Rulon Schmidt
(250) 480-3000
1 (866) 232-1101
www.fairrealty.com/