1120 Caledonia Ave, Victoria, BC V8T 1G1
- $1,850,000
- 7
- BD
- 8
- BA
- 5,001
- SqFt
Courtesy of eXp Realty
- List Price
- $1,850,000
- Status
- ACTIVE
- MLS®
- 1043765
- Property Type
- Multifamily
- Year Built
- 1903
- Style
- Other
- Bedrooms
- 7
- Total baths
- 8
- Living Area
- 5,001
- Acres
- 0.14
- Lot Size
- 6,440
- District
- Victoria
- Neighbourhood
- Vi Central Park
Property Description
Exceptional investment opportunity in the heart of Victoria. This immaculately maintained 7 suite revenue property offers strong cash flow, an exceptional 6.55% 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.
/u.realgeeks.media/robinscrimger1/logo-blue.png){kind=logo}
Additional Information
- Layout
- Other
- Heating
- Baseboard
- Flooring
- Mixed
- Roof
- Asphalt Shingle, Asphalt Torch On
- Parking Spaces
- 4
- Parking Type
- Driveway, On Street
- Kitchens
- 7
- Laundry Feature
- Common Area, Other
- Taxes
- $6,592
- Rentals Allowed
- Unrestricted
- Pets Allowed
- Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Mortgage Calculator
NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website may only be used by consumers for the purpose of locating and purchasing real estate. By registering on this website I/We consent to the collection, use and disclosure of personal information as described in our privacy policy.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.