Ask Maxine AI
Featured exterior photo of 1120 Caledonia Ave, Victoria, BC
46 days on market
Commercial Sale
1120 Caledonia Ave, Victoria, BC
$1,975,000
Built 1903
1120 Caledonia Ave, Victoria, BC
Commercial Sale · Multi Family · Victoria, BC
$1,975,000 MLS® 1038439
1903Built
0.14Acres

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.

Photo Gallery  · 58 photos
Property Location
1120 Caledonia Ave, Victoria, BC
Listed by eXp Realty

Recent Sales in Victoria

Loading market statistics…

Latest Market Updates

View all
Loading latest posts…
More Ways to Work With Us

Choose Your Next Step

Whether you are buying, selling, evaluating your home, or just exploring — we have a tailored path ready for you.