Description
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.
Property Details
| Property Type | Residential |
| Property Sub Type | Single Family Detached |
| Listing ID | 1047844 |
| Status | Active |
| City | Victoria |
| Area | Victoria |
| Sub-Area | Vi Rockland |
| Postal Code | V8S 1R4 |
| Property Taxes | $7,935.20 (2026) |
| Parking Total | 2 |
| Facing | South |
| Water | Municipal |
| Sewer | Sewer To Lot |
| Heating | Baseboard,Electric,Wood |
| Fireplaces | 1 |
| Fireplace Type | Living Room |
| Appliances | Dryer,Oven/Range Electric,Range Hood,Refrigerator,Washer |
| Interior Features | Dining/Living Combo |
| Exterior Features | Balcony/Patio,Fencing: Partial |
| Construction | Frame Wood,Stucco |
| Roof | Asphalt Shingle |
| Foundation | Poured Concrete |
| Basement | Full,Walk-Out Access,With Windows |
| Laundry | In House |
| Listed Date | Aug 26, 2026 |
| Ownership | Freehold |
| Lot Size | 0.26 acres |
Rooms
| Room | Level | Dimensions | Description |
|---|---|---|---|
| Bathroom | Main level | 4-Piece | |
| Bedroom | Main level | 11\' x 9\' | |
| Bedroom | Main level | 10\' x 10\' | |
| Dining room | Main level | 13\' x 9\' | |
| Entrance | Main level | 7\' x 5\' | |
| Kitchen | Main level | 13\' x 10\' | |
| Living room | Main level | 18\' x 11\' | |
| Primary Bedroom | Main level | 13\' x 11\' |
Building Details
| Architectural Style | Character |
| Heating | Baseboard heaters |
| Heating Fuel | Electric, Wood |
| Stories | -1 |
| Appliances | Dryer, Range - Electric, Refrigerator, Washer |
Parking
| Type | Spaces |
|---|---|
| Stall |
Additional Information
| Features | Level lot, Partially cleared, Other |
| View | City view |
| Land Size | 11464 sqft |
| Building Type | House |
| Interior Size | 2296 sqft |
| Transaction | For sale |