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 boarder. 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, 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.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1956
(Age: 70)
Living Area:
2,296 sq. ft.213 m2
Listing General Location:
Vi Rockland, Victoria
Bedrooms:
5
Bathrooms:
2.0
(Full:-/Half:-)
Lot Size:
11,449 sq. ft.1,064 m2
Lot Details:
70 ft wide x 175 ft deep
Kitchens:
2
Home Style:
Character
Construction:
Frame Wood, Stucco
New Construction:
No
Basement:
Full, Walk-Out Access, With Windows
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Levels:
2
Floor finish:
Tile, Wood
Total Building Area:
2,296 sq. ft.213 m2
Total Unfinished Area:
0 sq. ft.0 m2
# Bedrooms or Dens Total:
5
# Main Level Bedrooms:
3
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
2
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
1
# Other Level Kitchens:
0
Living Area Lower Floor:
1,168 sq. ft.109 m2
Living Area Main Floor:
1,168 sq. ft.109 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
0 sq. ft.0 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
1
Fireplace Details:
Living Room
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer To Lot
Cooling:
None
Heating:
Baseboard, Electric, Wood
Fireplace:
Yes
Warranty:
No
Dryer, Oven/Range Electric, Range Hood, Refrigerator, Washer
Data was last updated August 27, 2026 at 04:05 AM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$1,819,000
Min list price:
$674,900
Max list price:
$4,880,000
Avg days on market:
99
Min days on market:
4
Max days on market:
414
Avg price per sq.ft.:
$731.25
These statistics are generated based on the current listing's property type
and located in
Vi Rockland. Average values are
derived using median calculations. This data is not produced by
the MLS® system.