For sale

C$1,850,000

1120 Caledonia Ave, Victoria, BC V8T 1G1

7beds

8baths

5,001sqft

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Quadruplex, Multi Family

Built in 1903

-- sqft lot

$-- Zestimate^®

C$370/sqft

C$-- HOA

What's special

Irrigated yard spaceCoin operated laundry

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.

11 days

73

2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 8
Main level bathrooms: 4
Main level bedrooms: 3

Kitchen

Level: Main,Lower,Second

Heating

Baseboard

Cooling

None

Appliances

Laundry: Common Area, Other

Features

Flooring: Mixed
Basement: Other
Has fireplace: No

Interior area

Total structure area: 5,105
Total interior livable area: 5,001 sqft

Property

Parking

Total spaces: 4
Parking features: Driveway, On Street
Has uncovered spaces: Yes

Features

Entry location: Main Level

Lot

Size: 6,098 Square Feet
Dimensions: 46x140

Details

Parcel number: 001234455
Zoning description: Residential

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family
Attached to another structure: Yes

Materials

Frame Wood, Wood Siding
Foundation: Concrete Perimeter
Roof: Asphalt Shingle,Asphalt Torch On

Condition

Resale
New construction: No
Year built: 1903

Utilities & green energy

Water: Municipal

Community & HOA

Location

Region: Victoria

Financial & listing details

Price per square foot: C$370/sqft
Tax assessed value: C$1,159,000
Annual tax amount: C$6,592
Date on market: 7/26/2026
Ownership: Freehold

Mike Giordano

(250) 884-0885

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