Address
1120 Caledonia Ave, Victoria, BC
Price
$ 1,790,000
Property Attributes
- MLS#1043765
- TypeSingle Family
- Listing Status Active
- CityVictoria
- AreaVictoria
- NeighbourhoodVi Central Park
- Postal CodeV8T 1G1
- StyleQuadruplex
- Year Built1903
- Taxes$ 6592
- Price$ 1,790,000
- Bedrooms7
- Full Bathrooms8
- Half Bathrooms0
- Sqr Footage5001
- Lot Size0.14 Acres
Data Source:
Victoria Real Estate Board (VREB)
Property Description
Exceptional investment opportunity in the heart of Victoria. This immaculately maintained 7 suite revenue property offers strong cash flow, an exceptional 6.7% 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.
General Features
| Living Area | 5001.00 |
|---|---|
| Sewer | Sewer Connected |
| Heating | Baseboard |
| Cooling | None |
| Roof | Asphalt Shingle,Asphalt Torch On |
| Pets Allowed | Aquariums,Birds,Caged Mammals,Cats,Dogs |
| Property Subtype | Quadruplex |
| Property Type | Residential |
| Parking Total | 4 |
| Construction Materials | Frame Wood,Wood |
| Zoning Type | Residential |
| Bathrooms Count Main Level | 4 |
Interior Features
| Basement | Other |
|---|---|
| Flooring | Mixed |
| Basement Y/N | Yes |
| Total Units | 7 |
| Total Kitchens | 7 |
| Laundry Features | Common Area,Other |
| Living Area Third | 0.00 |
| Living Area Second | 1350.00 |
| Living Area Other | 0.00 |
| Living Area Main Bldg | 3600.00 |
| Living Area Main | 3651.00 |
| Living Area Lower | 1420.00 |
| Kitchens Count Second Level | 2 |
| Kitchens Count Main Level | 4 |
| Kitchens Count Lower Level | 1 |
| Building Area Unfinished | 104.00 |
| Bedrooms Or Dens Total | 7 |
| Bedrooms Count Second Level | 3 |
| Bedrooms Count Main Level | 3 |
| Bedrooms Count Lower Level | 1 |
| Bathrooms Count Lower Level | 2 |
| Bathrooms Count Second Level | 2 |
| Bath 4 Piece Total | 1 |
| Bath 3 Piece Total | 7 |
Exterior Features
| Water Source | Municipal |
|---|---|
| Parking Features | Driveway,On Street |
| Foundation | Poured Concrete |
| Lot Size Dimensions | 46x140 |
| Building Area Total | 5105.00 |
| Lot Size Square Feet | 6440.00 |
| Lot Size Acres | 0.14 |
| Driveway YN | Yes |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in V8T 1G1
Price
Taxes
Year Built
Visits
In The Neighbourhood
Just Listed
Victoria
$ 1,199,900
- Type
- Single Family
- Size
- 2,529 SqFt
- Rooms
- 4 Beds + 2 Baths
RE/MAX Camosun
Primary On Main
Victoria
$ 799,999
- Type
- Single Family
- Size
- 1,370 SqFt
- Rooms
- 2 Beds + 1 Baths
RE/MAX Camosun
Data provided by: Victoria Real Estate Board 3035 Nanaimo Street, Victoria, British Columbia V8T 4W2
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The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services