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1618 Richardson St, Victoria

MLS® #1024078
About this Property

This is an incredibly rare opportunity to acquire over 47,000 square feet of land with 292 feet of frontage on Richardson Street. The site consists of four separate parcels, each currently featuring a home. With a land price of $144 per square foot there is no better place to build. Located in Rockland, Victoria's most prestigious neighborhood, this site is completely flat, ensuring an easy and affordable build. It is situated on the newly completed AAA biking road, minutes from the ocean and shopping, and located on a BC Transit route. The property size and configuration offer numerous possibilities under the new OCP, including four-story buildings, townhouses, or SFHs. The 1.6 FSR allows for up to 75,000 buildable square feet without rezoning. This is also an ideal location for a rental building with significant return given the higher rental rates for the area. The buyer is responsible for verifying any proposed subdivisions and possible uses with City of Victoria staff. (id:62865)

Property Information

Status

Active

Year Built

1956

Property Type

House

Ownership

Freehold

Parking Spaces

2

Annual Tax

$7,040

Zoning

Residential

Parcel Number

005-183-880

Data Source

Victoria Real Estate Board

Interior Details

Bedrooms

3

Bathrooms

2

Living Area

2030 square feet

Architectural Style

Character

Appliances

WasherRefrigeratorStoveDryer
Exterior & Lot

Lot Size

11449.0 sqft

Lot Features

Level lotPartially clearedRectangular
Building & Utilities

Heating

Baseboard heaters, Electric, Wood

Cooling

None

$1,649,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
3Beds
2Baths
2030sqft
Listing Courtesy of

Office

Fair Realty

Mortgage Calculator
$329,800

Loan Amount:

$1,319,200

Estimated Monthly Payment:

$6,429

This is an estimate for informational purposes only. Consult with a financial advisor.