1120 Caledonia Ave, Victoria
Central Park · Mixed Use · MLS® 1043768 · Listed Jul 26, 2026
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 | Mixed Use |
| Exterior | Frame Wood, Wood |
| Foundation | Concrete Perimeter |
| Taxes | $6,592.33 (2026) |
| MLS® # | 1043768 |
| Brokerage | eXp Realty |
Similar properties sold within 6 months
Central Park single-family averages, updated daily. See Central Park market stats or Victoria market stats.
It is listed at $1,850,000.
Victoria is currently a seller's market: median sold price $999,444, 1.5 months of inventory, homes typically selling in about 32 days.
MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Jul 28, 2026.
