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1232 Richardson St

$1,299,900

Downtown

Detached4 bd · 4 ba · 2,810 sqftBuilt 1912$463/sqft1 day on market

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About this home

Now offered at over $300,000 below the 2026 assessed value! A rare opportunity in the heart of Rockland for homeowners, renovators, developers and investors alike. Set on a 13,338 sqft lot (BC Assessment), this unique panhandle property features a 1912 home with numerous additions over the years, plus a separate 2 bedroom, 1 bathroom cottage/inlaw suite. Move in and enjoy, renovate to suit your vision or explore the future development potential. The adjoining property at 1230 Richardson is also available, offering a combined site of approximately 18,000 sqft with exciting possibilities. The neighbouring development, on a similarly sized parcel, created 24 strata units (buyer to verify with the City of Victoria). Ideally located just steps to Cook Street Village, Moss Street Market, Dallas Road and Victoria's beautiful beaches. Exceptional value and endless possibilities in one of Victoria's most desirable neighbourhoods! (id:65179)

Property details

From the listing's public record.

Lot size

13,338 square feet

Year built

1912

Taxes

$8,202/yr

Zoning

Residential

Heating

Baseboard heatersForced airOilHot Water

Parking

Street

Lot

Central locationSouthern exposure

Price history

2 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

Nov 5, 2026
Listed $1,299,900
Active1 days on marketMLS 1053857
Jul 8, 2026
Listed $1,349,900
Ddf_delisted120 days on marketMLS 1042634

How this listing compares

Based on 271 sales in Victoria

Median sold

$1,223,400

Avg days on market

34 days

Avg sale-to-list

98%

Avg $/sqft

$546

Price per square foot

This home: $463/sqft·Area average: $546/sqft

Below area average

Current market in Victoria

Active (same type)

Pending

All active listings

569

Months of supply

4.2

Balanced market — 4.2 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,614,000

Homes in Victoria sell at 119.8% of assessed value on average.

Based on 261 recent sales.

Local price trend

How Downtown has moved over the last decade.

Local price index (normalized) · 119 months

Recent nearby sales

12 sales

1320 Bond St
$1,495,000
7 bd · 2 ba · 2,955 sqft · $506/sqft · 21 days on market
Sold Nov 5, 2026 · 100% of list
2630 Victor St
$1,035,000
8 bd · 4 ba · 3,645 sqft · $284/sqft · 74 days on market
Sold Nov 3, 2026 · 96.4% of list
1415 Gladstone Ave
$1,349,000
3 bd · 3 ba · 3,964 sqft · $340/sqft · 21 days on market
Sold Nov 2, 2026 · 98.5% of list
2654 Fernwood Rd
$1,875,000
3 bd · 2 ba · 2,850 sqft · $658/sqft · 24 days on market
Sold Nov 2, 2026 · 98.7% of list
2517 Asquith St
$1,750,000
4 bd · 4 ba · 3,276 sqft · $534/sqft · 11 days on market
Sold Nov 2, 2026 · 100% of list
1556 Gladstone Ave
$1,085,000
3 bd · 2 ba · 2,507 sqft · $433/sqft · 18 days on market
Sold Nov 2, 2026 · 98.7% of list
1731 Denman St
$848,000
2 bd · 1 ba · 1,143 sqft · $742/sqft · 51 days on market
Sold Nov 1, 2026 · 99.9% of list
1195 Kings Rd
$1,225,000
4 bd · 3 ba · 2,674 sqft · $458/sqft · 28 days on market
Sold Nov 1, 2026 · 94.2% of list
244 Moss St
$1,350,000
4 bd · 3 ba · 2,478 sqft · $545/sqft · 15 days on market
Sold Oct 30, 2026 · 103.9% of list
3033 Carroll St
$705,000
3 bd · 1 ba · 2,080 sqft · $339/sqft · 45 days on market
Sold Oct 30, 2026 · 88.2% of list
1569 Pembroke St
$1,270,000
3 bd · 2 ba · 2,570 sqft · $494/sqft · 24 days on market
Sold Oct 29, 2026 · 93% of list
63 Howe St
$1,100,000
2 bd · 1 ba · 3,144 sqft · $350/sqft · 3 days on market
Sold Oct 29, 2026 · 92.1% of list

What would this home cost?

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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

$1,299,900 − $259,980

$1,039,920

Down payment

20.0%

$259,980

Property Transfer Tax

$23,998

Legal / closing (est.)

$1,500

Cash to close

$285,478

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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1232 Richardson St

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About this home

Property details

Price history

How this listing compares

Current market in Victoria

Assessment

Local price trend

Recent nearby sales

What would this home cost?

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