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1120 Caledonia Ave
Victoria, BC V8T 1G1

$2,100,000

Listing Details

  • $2,100,000
  • MLS# 1038439
  • Type Multi Unit - Multiple
  • Status Active
  • 0.140 acres
    Lot Size
  • 1903
    Year Built

Listed By

Agency Name: eXp Realty
Agency Phone: 833-817-6506

Shown By

Agency Title: DFH Real Estate LTD
Agency Phone: 250-477-7291

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Home Value Estimate


Description

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,...read more

Features

  • Property Type: Multi Unit - Multiple
  • Building Features: Bike Storage, Parking, Storage Room, Transit Nearby, Workshop
  • Days on Site: 6
  • Exterior: Frame Wood
  • Exterior Features: Balcony/Deck, Fencing: Partial, Low Maintenance Yard
  • Flooring: Mixed
  • Heating: Electric
  • Lot Size: 0.14 Acres
  • Parcel#: 001234455
  • Parking: On Site
  • Parking Notes: On Site
  • Road Surface: Paved
  • Sewer: Sewer Connected
  • Taxes: $6,073
  • Units: 7
  • Units in Community: 7
  • Water: Municipal
  • Year Built: 1903

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