For Sale: 1618 Richardson Street, Victoria, BC - REW
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$1,499,000
3 bd • 2 ba • 2030 sf • House
1618 Richardson Street
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$1,499,000
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1618 Richardson StreetVictoria, BC, V8S 1R5

Fairfield East
  • 3 Bed
  • 2 Bath
  • 2030 Sqft
  • House

About this home

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 $131 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.
Listed by: Marko Juras PREC*, Fair Realty

Home facts and features

Price details
List Price
$1,499,000
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Gross Taxes for 2025
$7,040
Home facts
Bedrooms
3
Full Bathrooms
2
Parking Spaces
2
Parking Details
Driveway
Property Type
House
Lot Size
11449 ft²
Frontage
70 feet
Year Built
Built in 1956 (70 yrs old)
Title
Freehold
Style
Main Level Entry with Lower Level(s)
Exterior Finish
Frame Wood,Stucco
Heating Type
Baseboard, Electric, Wood
Basement Details
Full,Partially Finished,With Windows
Features
Cleared, Fireplace: Living Room, Level, Rectangular Lot
Amenities
Dining/living Combo
Appliances
Dryer, Fridge/Stove/Washer/Dryer, Oven/range, Refrigerator, Washer
Community
Agent details
Primary Agent
Primary Broker
Fair Realty
Secondary Agent
Secondary Broker
Fair Realty
Listing details
Days on REW
134 Days
Property Views
336
MLS® Number
1024078
Source
Victoria and Vancouver Island MLS
Board
Victoria Real Estate Board
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Margaret Jenkins Elementary School
  • Public
  • K - 5
  • In Catchment
Oak Bay Secondary School
  • Public
  • 9 - 12
  • In Catchment
Glenlyon Norfolk School
  • Independent
  • K - 12
Central Middle School
  • Public
  • 6 - 8
St Michaels University School - Junior School Campus
  • Independent
  • K - 5
Christ Church Cathedral School
  • Independent
  • K - 8
St Patrick's School
  • Independent
  • K - 7
St Patrick's School
  • Catholic
  • JK - 8
South Park Family School
  • Public
  • K - 5
Pacific School of Innovation and Inquiry
  • Independent
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Marko Juras PREC*
Phone:
250-380-8297
Office:
250-480-3000
Fax:
1-866-232-1101
Rulon Schmidt
Phone:
250-891-7842
Office:
250-480-3000
Fax:
1-866-232-1101
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.