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1618 Richardson St

$1,349,900

Fairfield West

Detached5 bd · 2 ba · 2,296 sqftBuilt 1956$588/sqft4 days on market

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About this home

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. (id:65179)

Property details

From the listing's public record.

Lot size

11,464 square feet

Year built

1956

Taxes

$7,935/yr

Zoning

Residential

View

City view

Appliances

WasherRefrigeratorRange - ElectricDryer

Heating

Baseboard heatersElectricWood

Parking

Stall

Lot

Level lotPartially cleared

Style

Character

Price history

8 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

Aug 26, 2026
Listed $1,349,900
Active4 days on marketMLS 1047844
Jan 26, 2026
Listed $1,499,000
Ddf_delisted212 days on marketMLS 1024078
Aug 19, 2024
Listed $1,735,000
Expired365 days on marketMLS 973523
Jun 19, 2023
Listed $1,649,000
Expired129 days on marketMLS 934851
Nov 15, 2021
Listed $1,850,000
Expired212 days on marketMLS 889996
Jul 11, 2017
Listed $1,300,000
Expired177 days on marketMLS 764677
Aug 27, 2015
$590,000
Sold35 days on marketMLS 699990
May 1, 2015
$595,000
Sold7 days on marketMLS 695122

How this listing compares

Based on 35 sales in Fairfield West

Median sold

$1,385,000

Avg days on market

28 days

Avg sale-to-list

97.9%

Avg $/sqft

$540

Price per square foot

This home: $588/sqft·Area average: $540/sqft

Above area average

Current market in Fairfield West

Active (same type)

Pending

All active listings

Months of supply

5.1

Balanced market — 5.1 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,393,000

Homes in Victoria sell at 102.3% of assessed value on average.

Based on 250 recent sales.

Local price trend

How Fairfield West has moved over the last decade.

Local price index (normalized) · 119 months

Recent nearby sales

12 sales

1255 Richardson St
$1,600,000
4 bd · 4 ba · 2,549 sqft · $628/sqft · 21 days on market
Sold Aug 24, 2026 · 100% of list
1315 Bond St
$1,860,000
4 bd · 2 ba · 4,273 sqft · $435/sqft · 9 days on market
Sold Aug 13, 2026 · 109.4% of list
15 Linden Ave
$1,565,000
4 bd · 2 ba · 2,855 sqft · $548/sqft · 44 days on market
Sold Aug 7, 2026 · 98.7% of list
548 Cornwall St
$1,280,000
3 bd · 3 ba · 1,711 sqft · $748/sqft · 19 days on market
Sold Aug 4, 2026 · 98.5% of list
111 Moss St
$2,445,000
5 bd · 4 ba · 3,998 sqft · $612/sqft · 9 days on market
Sold Jul 31, 2026 · 102.9% of list
198 Olive St
$1,850,000
5 bd · 4 ba · 2,614 sqft · $708/sqft · 9 days on market
Sold Jul 30, 2026 · 103.1% of list
1163 Chapman St
$1,365,000
3 bd · 2 ba · 2,674 sqft · $510/sqft · 16 days on market
Sold Jul 24, 2026 · 105.1% of list
522 Su'it St
$1,275,000
2 bd · 1 ba · 3,408 sqft · $374/sqft · 25 days on market
Sold Jul 8, 2026 · 94.5% of list
310 Windermere Pl
$1,800,000
5 bd · 4 ba · 2,913 sqft · $618/sqft · 57 days on market
Sold Jul 8, 2026 · 94.7% of list
636 Cornwall St
$1,210,000
5 bd · 2 ba · 2,303 sqft · $525/sqft · 42 days on market
Sold Jul 3, 2026 · 93.2% of list
529/531 Harbinger Ave
$2,074,500
5 bd · 4 ba · 3,897 sqft · $532/sqft · 4 days on market
Sold Jun 30, 2026 · 103.8% of list
25 Howe St
$2,850,000
4 bd · 4 ba · 3,749 sqft · $760/sqft · 35 days on market
Sold Jun 25, 2026 · 95.8% of list

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Purchase price

Down payment

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Amortization (years)

Newly built / new constructionAdds 5% GST. Eligible for the Newly Built PTT exemption (≤ $1.1M full, partial to $1.15M).First-time home buyerEligible for the First-Time PTT exemption (≤ $835K full, partial to $860K). Only one exemption can apply per purchase.

Estimate

Monthly mortgage

—

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Loan amount

$1,349,900 − $269,980

$1,079,920

Down payment

20.0%

$269,980

Property Transfer Tax

$24,998

Legal / closing (est.)

$1,500

Cash to close

$296,478

Down payment + PTT + GST + legal estimate.

Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.

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1618 Richardson St

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About this home

Property details

Price history

How this listing compares

Current market in Fairfield West

Assessment

Local price trend

Recent nearby sales

What would this home cost?

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