1618 Richardson Street, Victoria, V8S 1R5

Investors and Developers Alert! Exceptional holding property with immediate revenue or prime development potential on a rare 70-foot wide frontage lot in Rockland. This versatile 5-bed, 2-bath home features a layout perfect as a high-yield investment or a flexible multi-generational property. Live comfortably upstairs while using the lower level as a powerful mortgage helper. Step outside to enjoy a stunning, park-like backyard that offers a peaceful outdoor oasis. Alternatively, take advantage of the steady rental stream while you finalize design concepts and development plans for this expansive parcel. The property is currently tenanted by university students until May 1st, generating immediate cash flow of $4,900 per month. Situated in a prime, central location just minutes from transit, bike corridors, and local amenities, this is an unmatched opportunity for long-term holding or future development.
808-634-5187

Property Details