1120 Caledonia Ave, Victoria, BC V8T1G1
1120 Caledonia Ave, Victoria, BC V8T1G1
1120 Caledonia Ave, Victoria, BC V8T1G1
1120 Caledonia Ave, Victoria, BC V8T1G1
1120 Caledonia Ave, Victoria, BC V8T1G1
1120 Caledonia Ave, Victoria, BC V8T1G1
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Cody Tritter

Cody Tritter

+1(403) 478-5587
$ 1,975,000
Est. payment | /mo

7 Beds

8 Baths

5,001 SqFt

Save
$ 1,975,000
Est. payment | /mo
Save

7 Beds

8 Baths

5,001 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5001

Square Footage 5,001 sqft

Price per Sqft $394

Subdivision Central Park

MLS® Listing ID 1037286

Bedrooms 7

Year Built 1903

Lot Size 6,440 Sqft

Acres 6440.0

Property Sub-Type Freehold

Property Description

Exceptional investment opportunity in the heart of Victoria. This immaculately maintained 7 suite revenue property offers strong cash flow, an exceptional 6.1% 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, exceptional physical condition, and no known deferred maintenance. Pride of ownership is evident throughout and the condition of this property must be seen to be appreciated. Exceptionally clean, updated, and meticulously maintained suites offer 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. Meticulously cared for over the years, this is a rare “plug and play” investment where the heavy lifting has already been done, allowing owners to step into a stable, income producing asset from day one. A rare and valuable feature, Suites 6 and 7 are detached from the main building, creating ideal flexibility for owner occupancy, caretaker accommodation, extended family, guest use, or premium rental opportunities. This unique configuration provides versatility rarely found in multi unit investment properties. Ideally located just minutes to Downtown Victoria, Fernwood, Hillside Shopping Centre, restaurants, parks, transit, schools, and major commuter routes, this central location continues to support strong tenant demand and long term rental stability. An exceptional opportunity to acquire a premium multi unit investment property in a prime Victoria location, offering strong existing income, exceptional condition, and compelling long term investment appeal. (id:24570)

Location

Province BC

Zoning Residential

Rooms

Kitchen 2.0

Extra Room 1 Second level 12'6 x 19'6 Bedroom

Extra Room 2 Second level 12'6 x 13'7 Bedroom

Extra Room 3 Second level 3-Piece Bathroom

Extra Room 4 Second level 11'10 x 11'6 Dining nook

Extra Room 5 Second level 12'0 x 13'6 Kitchen

Extra Room 6 Second level 3-Piece Bathroom

Interior

Heating Baseboard heaters

Cooling None

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Others

Ownership Freehold

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Listed by eXp Realty

NEARBY SCHOOLS & PROPERTIES

Cody Tritter
Cody Tritter

Calgary REALTOR®

+1(403) 478-5587 | info@repyyc.com

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1120 Caledonia Ave