Giordano*
Phone Mike
301-3450 Uptown Boulevard
Victoria, BC
Canada V8Z 0B9
Details
| Address | 1120 Caledonia Ave |
| Area | Victoria |
| Sub Area | Central Park |
| State/Province | British Columbia |
| Country | Canada |
| Price | $1,975,000 |
| Property Type | Fourplex |
| Bedrooms | 7 |
| Bathrooms | 8 |
| Floor Space | 5001 Square Feet |
| Lot Size | 6440.00 Square Feet |
| Waterfront | No |
| Year Built | 1903 |
| Taxes | $6,073 |
| Tax Year | 2025 |
| MLS® # | 1037286 |
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 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.
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