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
$5,894.00
Tax Year
2023
Features
Baseboard, Dining/Living Combo, Electric, F/S/W/D, Tile, Wood, Wood
Amenities
Balcony/Patio, Cleared, Level, Rectangular Lot
