$1,790,000

1120 Caledonia Ave, Victoria BC, V8T 1G1

Price per sqftC$357.93

Built in1903

Property size5,001 sqft

Property typeMulti-family

Courtesy of eXp Realty

Overview

Active

Listed Jul 26, 2026

Updated 6 days ago

Exceptional investment opportunity in the heart of Victoria. This immaculately maintained 7 suite revenue property offers strong cash flow, an exceptional 6.7% cap rate, and outstanding long term holding potential in one of Victoria’s most consistently high demand rental markets. Investor alert, this is a rare opportunity to acquire a true turnkey multi unit asset with strong in place income and no known deferred maintenance. Pride of ownership is evident throughout, with exceptionally clean, updated, and meticulously maintained suites, irrigated yard space, shared bike storage, coin operated laundry, and owner/caretaker utility and storage areas. Suites 6 and 7 are detached, creating flexibility for owner occupancy, caretaker use, or premium rental opportunities. Minutes to Downtown Victoria, Fernwood, Hillside Shopping Centre, restaurants, parks, transit, and major commuter routes. Rare turnkey investment in exceptional condition.

Additional information

MLS^® ID: 1043765

Interior Features

Bedrooms: 7
Bathrooms: 8
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.15 Acres

Other Property Details

Taxes: $6,592
Tax Frequency: Annually
Pets Allowed: Yes

Courtesy of eXp Realty, Mike Giordano

Listing Contact: 250-884-0885

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