Outstanding investment opportunity in the popular Richmond/Lansdowne area! This side-by-side duplex generates approx. $7,000/month plus utilities from long-term leases, with excellent development potential. Each unit features 3 bedrooms (1 on the main, 2 up), bright living/dining areas, modern kitchens, and efficient gas furnaces. Spacious lower levels include garage/basement areas with suite potential—one side already improved with new flooring and a framed-in laundry room. Renovated in 2017 with thermal-pane windows, kitchens & baths, plus recent upgrades including new blinds and washer/dryers. Parking for up to 3 vehicles per side via quiet Frechette St cul-de-sac. Ideally located near Hillside Mall, schools, Camosun & UVIC for strong rental demand. With opportunities to add basement suites and explore a rear accessory building (subject to approval), this is a turn-key income property with growth upside—a rare offering not to be missed!
Address
3104-3106 Richmond Rd
List Price
$1,599,900
Property Type
Residential
Type of Dwelling
Full Duplex
Transaction Type
Sale
Area
Saanich East
Sub-Area
SE Camosun
Bedrooms
6
Bathrooms
2
Floor Area
2,454 Sq. Ft.
Lot Size
6160 Sq. Ft.
Lot Size (Acres)
0.14 Ac.
Year Built
1940
MLS® Number
1014328
Listing Brokerage
eXp Realty
Basement Area
Partial
Postal Code
V8P 4P1
Tax Amount
$5,787.71
Tax Year
2025
Features
Dining Room, Forced Air, Natural Gas