1120 Caledonia Ave
Vi Central Park
Victoria
V8T 1G1
$1,850,000
Residential
beds: 7
baths: 8.0
5,001 sq. ft.
built: 1903
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1043765
- Bedrooms:
- 7
- Bathrooms:
- 8
- Year Built:
- 1903
- Photos (57)
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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.
- Property Type:
- Residential
- Type:
- Quadruplex
- Year built:
- 1903 (Age: 123)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 5,001 sq. ft.465 m2
- Main Building Living Area:
- 3,600 sq. ft.334 m2
- Listing General Location:
- Vi Central Park, Victoria
- Bedrooms:
- 7
- Bathrooms:
- 8.0 (Full:-/Half:-)
- Lot Size:
- 6,440 sq. ft.598 m2
- Lot Details:
- 46x140
- Kitchens:
- 7
- Taxes:
- Signup
- Construction:
- Frame Wood, Wood
- New Construction:
- No
- Basement:
- Other
- Foundation:
- Concrete Perimeter
- Roof:
- Asphalt Shingle, Asphalt Torch On
- Ceiling Heights:
- Signup
- Floor finish:
- Mixed
- Total Building Area:
- 5,105 sq. ft.474 m2
- Total Unfinished Area:
- 104 sq. ft.9.66 m2
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 7
- # Main Level Bedrooms:
- 3
- # Second Level Bedrooms:
- 3
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 1
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 4
- # Second Level Bathrooms:
- 2
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 2
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 4
- # Second Level Kitchens:
- 2
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 1
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 1,420 sq. ft.132 m2
- Living Area Main Floor:
- 3,651 sq. ft.339 m2
- Living Area Other Floor:
- 0 sq. ft.0 m2
- Living Area 2nd Floor:
- 1,350 sq. ft.125 m2
- Living Area 3rd Floor:
- 0 sq. ft.0 m2
- Fireplaces:
- 0
- Laundry Features:
- Common Area, Other
- Water supply:
- Municipal
- Sewer:
- Septic System
- Cooling:
- None
- Heating:
- Baseboard
- Fireplace:
- No
- Pending Date:
- Signup
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- City of Victoria
- Legal Description:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 7
- Number of 4 piece baths:
- 1
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Property Condition:
- Resale
- Exposure / Faces:
- South
- Layout:
- Other
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Driveway, On Street
- Total Parking Spaces:
- 4
- Total Units:
- Signup
- Date Listed:
- Jul 26, 2026
- Original Price:
- 1850000.0
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Front Exterior Twilight
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Front Exterior Twilight
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Suite 1 - Floor Plan
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Unit 1 - Kitchen
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Unit 1 - Kitchen
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Unit 1 - Living Room/Bedroom
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Unit 1 - Bathroom
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Suite 2 - Floor Plan
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Unit 2 - Living Room
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Unit 2 - Kitchen
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Unit 2 - Bedroom
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Unit 2 - Bathroom
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Suite 3 - Floor Plan
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Unit 3 - Dining/Kitchen
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Unit 3 - Kitchen
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Unit 3 - Bedroom/Living
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Unit 3 - Closet
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Unit 3 - Bathroom
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Suite 4 - Floor Plan
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Unit 4 - Office
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Unit 4 - Kitchen
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Unit 4 - Kitchen/Dining
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Unit 4 - Bedroom
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Unit 4 - Bathroom
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Suite 5 - Floor Plan
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Unit 5 - Living Room
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Unit 5 - Kitchen
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Unit 5 - Bedroom
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Unit 5 - Bathroom
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Unit 5 - Bathroom
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Detached Units 6 & 7
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Suite 6 - Floor Plan
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Unit 6 - Living Room
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Unit 6 - Living Room
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Unit 6 - Kitchen
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Unit 6 - Bathroom
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Unit 6 - Bedroom
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Unit 6 - Patio
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Suite 7 - Floor Plan
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Unit 7 - Living Room
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Unit 7 - Kitchen
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Unit 7 - Kitchen/Dining Area
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Unit 7 - Bathroom
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Unit 7 - Sitting Area/Office
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Unit 7 - Patio
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Unit 7 - Garage
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Unit 7 - Bedroom
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Unit 7 - 2nd Bathroom
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Unit 7 - 2nd Bathroom
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Bike Storage / Recycle Room
-
Utility room
-
Birdseye - Site Layout
-
Centrally Located!
-
Centrally Located!
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Floor Plan - Site Layout
-
Floor Plan Units 1-5
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Floor Plan Units 6 & 7
Larger map options:
Listed by eXp Realty
Data was last updated July 27, 2026 at 04:05 AM (UTC)
Area Statistics
- Listings on market:
- 21
- Avg list price:
- $494,900
- Min list price:
- $299,900
- Max list price:
- $1,499,900
- Avg days on market:
- 62
- Min days on market:
- 5
- Max days on market:
- 187
- Avg price per sq.ft.:
- $525.5
These statistics are generated based on the current listing's property type
and located in
Vi Central Park. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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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.


