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1120 Caledonia Ave
Victoria, BC V8T 1G1

$1,975,000

Listing Details

  • $1,975,000
  • 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 immaculately maintained 7 suite revenue property offers strong cash flow, an exceptional 6.1% 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...read more

Features

  • Property Type: Multi Unit - Multiple
  • Building Features: Bike Storage, Parking, Storage Room, Transit Nearby, Workshop
  • Days on Site: 54
  • 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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