1120 Caledonia Ave, Victoria BC V8T 1G1

1120 Caledonia Ave, Victoria BC V8T 1G1 - Single Family for Sale in Victoria, BC

This 7 bedroom, 8 bathroom single family is listed for sale at $2,100,000 in Victoria, British Columbia. The property offers 5001.00 square feet of living space. Built in 1903. Lot size: 6,098 sq ft (0.14 acres).MLS® #1037286.

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 Victoria’s 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.

A rare and valuable bonus, Suites 6 and 7 are detached from the main building, creating ideal flexibility for owner occupancy, caretaker accommodation, or premium rental opportunities. Ideally located just minutes to Downtown Victoria, Fernwood, Hillside Shopping Centre, restaurants, parks, transit, and major commuter routes. An exceptional turnkey meticulously maintained investment in a prime Victoria location.

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