1120 Caledonia Ave | $2,100,000 | MLS® 1037286
James Fehr Agent Photo
James
Fehr*
P. (250) 385-2033
 Phone James
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

NOTE: MLS® property information is provided under copyright © by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. The website must only be used by consumers for the purpose of locating and purchasing real estate.

Location

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About

Meet James

I grew up, and live in Victoria. I live and breathe this gorgeous city and the quality of life it provides.

I have over 16 years of experience in marketing and sales industries, with many of those being successful in the Victoria real estate market. As a local real estate agent I’m able to capitalize on getting the most out of your investment and time. I use my diverse knowledge of marketing trends in Victoria's unique neighbourhoods and effective strategies in negotiation to succeed in a challenging market.

From condos, to family homes and investment properties, I am dedicated to getting the best for my clients.


Local expertise

My knowledge and understanding of how houses are constructed, maintained and how to evaluate their condition has naturally led me to specializing in residential housing in Victoria, BC. In the last 7 years I have also been immersed in the sales of new and previously owned condo and townhouse developments.

In Victoria, it is very important to be able to understand and fully evaluate the financial reports and the newly legislated depreciation reports. There are many hidden details in purchasing a house or a strata property. Working with a specialist like myself can be the key difference in making a great investment.


Leverage my local expertise and relations

The goal with all of my clients is to find their perfect property. Victoria is my home, and I want it to be yours as well.