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.
Lot/land
C$998,000
1115 Caledonia Ave, Victoria, BC V8T 1E9
0beds
0baths
6,098Square Feet
Unimproved Land
Built in ----
6,098 Square Feet Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
- 7 hours |
- 6 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Lisa Williams Personal Real Estate Corporation,
Sotheby's International Realty Canada
Source: VIVA,MLS®#: 1043202
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Features
- Has basement: No
- Has fireplace: No
Property
Parking
- Total spaces: 4
Features
- Entry location: Main Level
Lot
- Size: 6,098 Square Feet
- Features: Central Location, Cleared, Easy Access, Level, Recreation Nearby, Rectangular Lot, Shopping Nearby
Details
- Parcel number: 004594606
- Zoning: GRD-1 (PGA)
- Zoning description: Multi-Family
Utilities & green energy
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Location
- Region: Victoria
Financial & listing details
- Tax assessed value: C$813,000
- Annual tax amount: C$4,635
- Date on market: 7/31/2026
- Ownership: Freehold
Lisa Williams Personal Real Estate Corporation
Lisa Williams Personal Real Estate Corporation
(250) 514-1966
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Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Listed for sale | C$998,000 |
Source: VIVA #1043202 Report a problem | ||
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Fernwood
Nearby schools
GreatSchools rating
- NAGriffin Bay SchoolGrades: K-12Distance: 16.8 mi
- 9/10Friday Harbor High SchoolGrades: 9-12Distance: 16.8 mi
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