Listing Details

1618 RichardsonSt
Victoria | MLS® #973523
$1,735,000
32

Description

Incredibly rare opportunity to acquire approximately 48,000 sq.feet of land with a frontage on Richardson St. of 292 ft. 4 separate parcels of land with 4 homes. Buy/hold as a long term investment or build Missing Middle housing now. The size and configuration lends itself to many possibilities include 6 Missing Middle House Plexes with 36 units. An achievable FSR of ALMOST 1:1. Build 45,000sqft on 4 lots $160/buildable foot. A subdivision of SFHs and Missing Middle Housing together. May also be the perfect time to consider a rental building on the site with the current push for purpose built rentals. Buyer to verify possible uses with COV staff. Located on one of Victoria’s quietest streets, on the newly completed AAA biking road. Minutes to the ocean, shopping and on a BC transit route. No showing without an accepted offer (only available as a package of four homes). Homes tenanted so please respect their privacy. Special Consideration for projects including a BC housing component.

General

Title:Freehold
Subtype:Single Family Residence
Status:Active
Zoning:Residential
Annual Taxes:5,894
Year Built:1956

Interior

Bedrooms:3
Bathrooms:2
Finished Sqft:2,030
Unfinished Sqft:0
Interior Features:Dining/Living Combo

Exterior

Sub area:Victoria
Lot Size:11,449 ft
Exterior Features:Balcony/Patio

Listing Agent

Listing Agent:Marko Juras
Listing Firm:Fair Realty
Second Listing Agent:Rulon Schmidt
Second Listing Firm:Fair Realty