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)
| MLS # | 1043202 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 91 |
| Listing Provided By | Sotheby's International Realty Canada | Lisa Williams |
| Zoning | Multi-Family |
|---|---|
| Acreage | 0.15 |
| Fireplace Yes / No | No |
|---|
| Lot Features | Central location, Level lot, Partially cleared, Other, Rectangular |
|---|
| Parking Total | 4 |
|---|
| Tax Annual Amount | 4635.39 |
|---|---|
| Tax Lot | 21 |
| Province | BC |
|---|---|
| City | Victoria |
| Postal Code | V8T1E9 |
| Listing VS Median (in V8T1E9) | |
Price: $998,000 low | high Med: $789,500 On site: 91 low | high Med: 38 | |
| Province | BC |
|---|---|
| City | Victoria |
| Postal Code | V8T1E9 |
| Listing VS Median (in V8T1E9) | |
Price: $998,000 low | high Med: $789,500 On site: 91 low | high Med: 38 | |