$998,000
 $5,357 est/mo Sourced by Back At You

1115 Caledonia Ave,Victoria, BC V8T1E9

Victoria, BC V8T1E9

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Description

1115 Caledonia Avenue is a prime redevelopment opportunity in Victoria, BC, on a 6,440 SF lot at the border of North Park and Fernwood. Zoned R-74, it allows for ground-oriented multi-unit dwellings, with potential for higher density under the Official Community Plan (up to 1.2:1 FSR or more with assembly). The property is listed at $998,000, reflecting its premium zoning and previous fourplex approval. The vibrant Fernwood neighborhood offers strong community assets, diverse demographics, and proximity to urban villages and downtown. Local cafes, restaurants, and services are just steps away, providing a lively and convenient lifestyle. Royal Athletic Park, home to the Victoria HarbourCats baseball team, is also nearby, adding to the area's recreational appeal. This property stands out for its flexible zoning, strong location, and significant potential for residential development. (id:13843)

Details

MLS #1043202
Listing TypeFor Sale
StatusActive
Days On Site91
Listing Provided BySotheby's International Realty Canada | Lisa Williams

Features

ZoningMulti-Family
Acreage0.15

Interior

Fireplace Yes / NoNo

Exterior

Lot FeaturesCentral location, Level lot, Partially cleared, Other, Rectangular

Parking

Parking Total4

Taxes

Tax Annual Amount4635.39
Tax Lot21

Area Information

ProvinceBC
CityVictoria
Postal CodeV8T1E9
Listing VS Median (in V8T1E9)
Price:
$998,000
low | high
Med:
$789,500
70.891783567134% of Average
On site:
91
low | high
Med:
38
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceBC
CityVictoria
Postal CodeV8T1E9
Listing VS Median (in V8T1E9)
Price:
$998,000
low | high
Med:
$789,500
70.891783567134% of Average
On site:
91
low | high
Med:
38
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $748K - $1.247M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1111 Caledonia Ave Property Photo 1
$789,500
1111 Caledonia Ave
Victoria, BC V8T1E9
1109 Caledonia Ave Property Photo 1
$789,500
1109 Caledonia Ave
Victoria, BC V8T1E9
1122 North Park St Property Photo 1
$789,000
1122 North Park St
Victoria, BC V8T1C8
Listing Updated: September 28, 2026 at 7:31:55 PM PDT