$2,100,000
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1120 Caledonia Ave, Victoria, BC V8T1G1

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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 Victorias 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, common coin operated laundry for tenants, and owner/caretaker utility and storage areas. Meticulously maintained over the years, this is a true turnkey investment property with no known deferred maintenance, excellent overall condition, and strong in place tenancy. A rare and valuable feature, Suites 6 and 7 are detached from the main building, creating ideal flexibility for owner occupancy, caretaker accommodation, extended family, guest use, or premium rental opportunities. This unique configuration provides versatility rarely found in multi unit investment properties. Ideally located just minutes to Downtown Victoria, Fernwood, Hillside Shopping Centre, restaurants, parks, transit, schools, and major commuter routes, this central location continues to support strong tenant demand and long term rental stability. An exceptional opportunity to acquire a quality multi unit investment property in a prime Victoria location, offering strong existing income, excellent condition, and long term investment appeal. (id:58753)

Listing By: Mike Giordano - eXp Realty cncrea2 Realty.com
  • MLS® 1038439
  • Date Listed05/28/2026
  • Days on Realty 10 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 6,440 sq. ft
  • Year Built 1903

Interior Features

  • Cooling None
  • Heating Electric

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 6,440.00
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for V8T1G1

Discover key demographics, population statistics, and environmental insights for the Victoria, BC area.

Walkability in BC / V8T1G1

Source: Walk Score

96/100

Walker's Paradise

Walk Score ®

83/100

Excellent Transit

Transit Score ®

90/100

Biker's Paradise

Bike Score ®

Overview

Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

Transit Summary

63 nearby routes: 63 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 62/100, Transit Score: 46/100, Bike Score: 71/100.

Points of Interest near 1120 Caledonia Ave, Victoria, BC V8T1G1

Frequently Asked Questions for 1120 Caledonia Ave

Source: Realty.com

1120 Caledonia Ave, Victoria, BC V8T1G1 in Victoria, BC V8T1G1 is a multi family listed at $2,100,000. Highlights include built in 1903. Realty.ca has 58 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 58 photos of 1120 Caledonia Ave.

Our records indicate that 1120 Caledonia Ave was built in 1903.

The full address for this home is 1120 Caledonia Ave, Victoria, BC V8T1G1.

1120 Caledonia Ave has been listed on Realty.com since Thu May 28, 2026

Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 62/100, Transit Score: 46/100, Bike Score: 71/100.

Listing provided courtesy of: eXp Realty
Listing agent: Mike Giordano

This content last refreshed on 2026-06-07 06:07:00. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.