REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour

Listing by Lisa Williams Sotheby's International Realty Canada
$998,000
Est. payment /mo
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1043202
HOA Y/N No
Annual Tax Amount $4,635
Tax Year 2026
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Land
Property Description
1115 Caledonia Avenue is a prime redevelopment opportunity in Victoria, BC, on a 6,440 SF lot at the border of North Park and Fernwood. Zoned R-74, it allows for ground-oriented multi-unit dwellings, with potential for higher density under the Official Community Plan (up to 1.2:1 FSR or more with assembly). The property is listed at $998,000, reflecting its premium zoning and previous fourplex approval. The vibrant Fernwood neighborhood offers strong community assets, diverse demographics, and proximity to urban villages and downtown. Local cafes, restaurants, and services are just steps away, providing a lively and convenient lifestyle. Royal Athletic Park, home to the Victoria HarbourCats baseball team, is also nearby, adding to the area's recreational appeal. This property stands out for its flexible zoning, strong location, and significant potential for residential development.
Location
Province BC
County Capital Regional District
Community Vi Central Park
Area Victoria
Zoning GRD-1 (PGA)
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Garage Spaces 4.0
View Y/N false
Total Parking Spaces 4
Garage No
Building
Lot Description Central Location, Cleared, Easy Access, Level, Recreation Nearby, Rectangular Lot, Shopping Nearby
Sewer Sewer To Lot
Water To Lot
Others
Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Ownership Freehold
Special Listing Condition Land Value Only
Read Less Info





