For Sale: 1618 Richardson Street, Victoria, BC - REW
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$1,349,900
5 bd • 2 ba • 2296 sf • House
1618 Richardson Street
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$1,349,900
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1618 Richardson StreetVictoria, BC, V8S 1R4

Fairfield East
  • 5 Bed
  • 2 Bath
  • 2296 Sqft
  • House

About this home

Investors and Developers Alert! Exceptional holding property with immediate revenue or prime development potential under Missing Middle on a rare 70-foot-wide frontage lot on the Rockland/Fairfield border. This versatile 5-bed, 2-bath home is ideal as a high-yield investment or flexible multi-generational property. Live upstairs while using the lower level as a mortgage helper. Enjoy a stunning, park-like backyard offering a peaceful outdoor oasis. Alternatively, take advantage of steady rental income while finalizing development plans for this expansive parcel. Currently tenanted, generating $4,900 per month. The adjacent property at 1622 Richardson is also available. Together, the two properties offer approximately 145 feet of combined frontage and 23,584 sq.ft. of land. Situated in a prime central location minutes from transit, bike corridors, and local amenities, this is an unmatched opportunity for holding, land assembly, or future development.
Listed by: Marko Juras PREC*, Fair Realty

Home facts and features

Price details
List Price
$1,349,900
Get Pre-Approved
Gross Taxes for 2026
$7,935
Home facts
Bedrooms
5
Full Bathrooms
2
Parking Spaces
2
Parking Details
Driveway
Property Type
House
Lot Size
11464 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,Walk-Out Access,With Windows
Features
Cleared, Fireplace: Living Room, Level, Serviced, Sidewalk
Amenities
Dining/living Combo, Shopping Nearby
Appliances
Dryer, Oven/range Electric, Range Hood, Refrigerator, Washer
Community
Agent details
Primary Agent
Primary Broker
Fair Realty
Secondary Agent
Secondary Broker
Fair Realty
Listing details
Days on REW
14 Days
Property Views
550
MLS® Number
1047844
Source
Victoria and Vancouver Island MLS
Board
Victoria Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

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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