1120 Caledonia Ave, Victoria, BC V8T 1G1
1120 Caledonia Ave, Victoria, BC V8T 1G1
1120 Caledonia Ave, Victoria, BC V8T 1G1
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Jason Anson

Jason Anson

+1(250) 252-7653
Listing by Mike Giordano eXp Realty
$2,100,000
Est. payment /mo
5,001 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,001 sqft

Price per Sqft $419

MLS Listing ID 1038439

HOA Y/N No

Year Built 1903

Annual Tax Amount $6,073

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Multi Family

Property Description

Exceptional investment opportunity in the heart of Victoria. This well maintained 7 suite revenue property offers strong cash flow, an impressive 5.7% cap rate, and outstanding long term holding potential in one of Victoria's most consistently high demand rental markets. Pride of ownership is evident throughout, with clean, updated, and exceptionally well maintained suites offering bright living spaces, well kept kitchens and baths, irrigated yard space, shared bike storage, and owner/caretaker utility and storage areas. A rare and valuable bonus, Suites 6 and 7 are detached from the main building, creating ideal flexibility for owner occupancy, caretaker accommodation, or premium rental opportunities. Ideally located just minutes to Downtown Victoria, Fernwood, Hillside Shopping Centre, restaurants, parks, transit, and major commuter routes. An exceptional turnkey investment in a prime Victoria location. Meticulously maintained with no known deferred maintenance.

Location

Province BC

County Capital Regional District

Community Vi Central Park

Area Victoria

Interior

Heating Electric

Cooling None

Flooring Mixed

Fireplace No

Exterior

Exterior Feature Balcony/Deck, Fencing: Partial, Low Maintenance Yard

Parking Features On Site

Garage Spaces 4.0

View Y/N false

Street Surface Paved

Total Parking Spaces 4

Garage No

Building

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Municipal

Others

Ownership Freehold

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Jason Anson
Jason Anson

Agent | License ID: 188385

+1(250) 252-7653 | sold@jasonanson.ca

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1120 Caledonia Ave

This page highlights a For Sale Listing, giving you a closer look at property details while also connecting you to the broader real estate market on Vancouver Island. Every listing is part of a larger story shaped by neighbourhood activity and regional demand. I have lived on Vancouver Island for more than 30 years and know how communities change over time. In my professional work I focus on proving actual market value with market movement data, helping both buyers and sellers see where a property fits in today’s market. Use these guides to explore regional areas and compare this listing with the wider housing story of the island at Living on Vancouver Island.