1120 Caledonia Ave Victoria, BC V8T 1G1
Listing Courtesy of: VIVA / Listed By: eXp Realty

  1120 Caledonia Ave Victoria, BC V8T 1G1

Active (33 Days)
$1,850,000 (CAD)
7
BED
8
BATH
5,001
SQFT

Description

Exceptional investment opportunity in the heart of Victoria. This immaculately maintained 7 suite revenue property offers strong cash flow, an exceptional 6.48% 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.

MLS®:
1043765
Taxes
$6,592(2026)
Lot Size
6,440 SQFT
Type
Multifamily
Year Built
1903
County
Capital Regional District

Listed By

Mike Giordano, eXp Realty
Source
VIVA
Last checked Aug 28 2026 at 9:06 AM EDT
Bathroom Details
Interior Features
  • Laundry: Common Area
Property Features
  • Fireplace: 0
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Baseboard
  • None
Basement Information
  • Other
Flooring
  • Mixed
Exterior Features
  • Roof: Asphalt Shingle
  • Roof: Asphalt Torch on
Utility Information
  • Sewer: Sewer Connected
Parking
  • Driveway
  • On Street
  • Total: 4
Living Area
  • 5,001 sqft
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Disclaimer: Copyright 2026 Victoria Real Estate Board. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/28/26 02:06