1618 Richardson St, Victoria, British Columbia V8S 1R5

Listed for:
$1,649,000
3 beds
2 baths
Listed 20 days ago
House for rent: 1618 Richardson St, Victoria, British Columbia V8S 1R5

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About

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:27476)

Property Highlights

MLS® Number
1024078
Type
Single Family
Ownership Type
Freehold
Land Size
11449 sqft
Parking Space Total
2

Building

Building Type
House
Square Footage
2374 sqft
Bathrooms Total
2
Bedrooms Total
3
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric, Wood
Building Cooling Type
None

Location

Learn more about this property
Listing provided by:
Fair Realty
MLS® number:
1024078
Agent:
Marko Juras
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Street Spotlight - For sale