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. (id:44056)

Property Details

Full Address:
1618 Richardson St, Victoria, British Columbia
Price:
$ 1,735,000
MLS Number:
973523
List Date:
August 20th, 2024
Lot Size:
11449 sq.ft.
Year Built:
1956
Taxes:
$ 5,894

Interior Features

Bedrooms:
3
Bathrooms:
2
Appliances:
Washer, Refrigerator, Stove, Dryer
Air Conditioning:
None
Heating:
Baseboard heaters, Electric, Wood

Building Features

Architectural Style:
Character
Zoning:
Residential
Garage:
Stall
Garage Spaces:
2
Ownership Type:
Freehold
Taxes:
$ 5,894

Floors

Finished Area:
2374 sq.ft.
Main Floor:
2030 sq.ft.

Land

Lot Size:
11449 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Marko Juras
Fair Realty
Co-Listing: Rulon Schmidt
Fair Realty

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