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. The layout allows for an achievable FSR of 1:1. Only $166/ 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.
Please call Sean for more details
808-634-5187
Property Details
Address: 1618 Richardson Street
Municipality: Victoria
Bedrooms: 3
Bathrooms: 2
Lot Size SqFt: 11,449
Year Built: 1956
Heating: Baseboard, Electric
MLS #: 973523
Additional Features:
Development Opportunity