875 Richmond Ave

Victoria, British Columbia · Neighbourhood: Fairfield
C$2,250,000

Local Decision Guide

How should buyers evaluate 875 Richmond Ave?

Start by reading this listing in its Victoria Fairfield context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

For sale
875 Richmond Ave

Remarks

Welcome home to one of Fairfield's finest - a grand 1912 character home meticulously transformed into a spectacular 4,300+ sq ft residence on a generous 7,700 sqft lot. Offering 5 beds & 4 bath, this stunning home beautifully balances century-old craftsmanship with modern comfort. Largely undertaken by Zebra Construction, who in 2001 raised the home as part of a top-to-bottom renovation: all-new plumbing, electrical, drainage, & to accommodate a full height walk-out basement with ~ 1,500sf legal 2-bed suite. Currently being enjoyed as one whole single-family home, the opportunity to capitalize on the secondary suite remains…perfect for extended family or strong rental income. Rich period details, 9ft+ ceilings on the main, & quality finishes flow throughout every level, including a rejuvenated gourmet kitchen with high-end appliances, a brand new deck off the living room & timelessly styled updated bathrooms & an outstanding family layout. All of this only a short stroll to Oak Bay Ave & some of the city's best schools! Come see for yourself. Centrally located, private and waiting for you! (id:56153)

Property Details

House
Building Type
5
Bedrooms
4
Bathrooms
1912
Year Built
114 years
Age
2
Days on Site
7,841 sf
Lot Area
4,358 sqft
Interior Size
C$516
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29857451 (1039473)

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Site Context

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Property Summary

Price: C$2,250,000

Lot Area: 7,841 sf

PID: 025-047-027

Days on Site: 2 days

Added to BurnabyHouse: 2026-06-04

Updated on: 2026-06-04 05:02 PM PDT

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Lot info

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Schools

Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
Red Barn Market
About 608.7 m away
1929 Oak Bay Avenue
Urban Grocer
About 675.6 m away
Shopping Centres
Fairfield Village
About 1.2 km away
Oak Bay Gate
About 1.3 km away
Parks / Green Space
TRIAL ISLANDS ECOLOGICAL RESERVE
About 2.5 km away
3132 · 00
OAK BAY ISLANDS ECOLOGICAL RESERVE
About 3.6 km away
3094 · 00

Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Thu, 04 Jun 2026 04:01:07 PM PDT

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