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!