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.
Address
1618 Richardson St
List Price
$1,649,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Character
Transaction Type
Sale
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
1024078
Listing Brokerage
Fair Realty
Basement Area
Full, Partially Finished, With Windows
Postal Code
V8S 1R5
Tax Amount
$7,039.52
Tax Year
2025
Features
Baseboard, Dining/Living Combo, Electric, F/S/W/D, Tile, Wood, Wood
Amenities
Balcony/Patio, Cleared, Level, Rectangular Lot