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This 0 bedroom, 0 bathroom land is listed for sale at $998,000 in Victoria, British Columbia. Lot size: 6,098 sq ft (0.14 acres).MLS® #1043202.
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.
Looking for homes for sale in Victoria? Browse Victoria real estate listings,residential properties, and Vancouver Island homes on IslandSold.com. Located in the Vi Central Park neighborhood. Part of the Victoria area.
Property Type
Land
Lot Size
6,098 sq ft(0.14 acres)
Bedrooms
0
Bathrooms
0
Area
Victoria
Neighborhood
Central Park
Listed
Jul 31, 2026
MLS® Number
#1043202
View comprehensive market analysis for Caledonia Ave including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Caledonia Ave Market Report1115 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.

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Victoria community, including the Central Park neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$6,490
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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