Commercial Sale in Victoria

CA$1,850,000

1120 Caledonia, V8T 1G1, Victoria, BC

Commercial Sale for sale in Victoria, 1120 Caledonia, V8T 1G1

1120 Caledonia, V8T 1G1, Victoria, BC

CA$1,850,000

Type: Commercial Sale

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 TypeCommercial Sale
Purchase PriceCA$1,850,000
Living Space0 m²
Plot SizeN/A
BathroomsN/A
Construction YearN/A
ConditionNot specified
RoomsN/A

Energy Information

No energy information available

Contact Agent

Listing Agent