1120 Caledonia Ave | $2,100,000 | MLS® 1037286
The Zieglers Agent Photo
The Zieglers
Michael Ziegler
C. (250) 881-0055
P. (250) 385-2033
Phone Michael mziegler@telus.net www.thezieglers.ca
Tristan Ziegler PREC* P. C. (250) 727-8260 Phone Tristan tristan@thezieglers.ca
Newport Realty Ltd.
1144 Fort St
Victoria, BC
Canada V8V 3K8
MLS® 1037286

Details

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Years (35 year max)
Years



Address 1120 Caledonia Ave
AreaVictoria
Sub AreaCentral Park
State/ProvinceBritish Columbia
CountryCanada
Price$2,100,000
Property TypeSingle Family
Bedrooms7
Bathrooms8
Floor Space5001 Square Feet
Lot Size6440.00 Square Feet
WaterfrontNo
Year Built1903
Taxes $6,073
Tax Year2025
MLS® #1037286

Exceptional investment opportunity in the heart of Victoria. This well maintained 7 suite revenue property offers strong cash flow, an impressive 5.7% cap rate, and outstanding long term holding potential in one of Victoria’s most consistently high demand rental markets. Pride of ownership is evident throughout, with clean, updated, and exceptionally well maintained suites offering bright living spaces, well kept kitchens and baths, irrigated yard space, shared bike storage, common coin operated laundry for tenants, and owner/caretaker utility and storage areas. A rare and valuable bonus, Suites 6 and 7 are detached from the main building, creating ideal flexibility for owner occupancy, caretaker accommodation, or premium rental opportunities. Ideally located just minutes to Downtown Victoria, Fernwood, Hillside Shopping Centre, restaurants, parks, transit, and major commuter routes. An exceptional turnkey meticulously maintained investment in a prime Victoria location.


Listed by EXP REALTY


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Location

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About


After I graduated from Uvic in 1975 I didn’t have a job – so my parents asked if I’d work for ” The Ziegler” real estate team for the summer. How was I to know that I would work with them for 25 years – and then when they retired continue on my own and end up working with my son!
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I grew up in a real estate family where my grand mother, Lorraine, would take me to open houses when I was a kid, and point out all the wonderful houses she had sold to happy families. No wonder it feels natural to follow in the family real estate tradition. Read More » 



The Company

Newport Realty was formed in 1979 by a group of highly-motivated real estate professionals. We believe that superior service encourages customers to return willingly for that service, and to share their experience with others. .. Read More »