Residential in Victoria

CA$1,850,000

1120 Caledonia, V8T 1G1, Victoria, BC

Residential for sale in Victoria, 1120 Caledonia, V8T 1G1, 5001 m²

1120 Caledonia, V8T 1G1, Victoria, BC

CA$1,850,000

7Bed
8Bath
5001
Type: Residential

Description

Exceptional investment opportunity in the heart of Victoria. This immaculately maintained 7 suite revenue property offers strong cash flow, an exceptional 6.48% 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.

Location

1120 Caledonia, V8T 1G1, Victoria, BC

Data

Object TypeResidential
Purchase PriceCA$1,850,000
Living Space5001 m²
Plot Size598.3 m²
Bathrooms8
Construction Year1903
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeBaseboard
Primary Energy SourceN/A
Construction Year1903
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent