C$998,000

1115 Caledonia Ave, Victoria BC, V8T 1E9

Price per sqftC$154.97

Lot size0.15 Acres

Property typeLand

Courtesy of Sotheby's International Realty Canada

Overview

Active

Listed Jul 31, 2026

Updated Aug 13

1115 Caledonia Avenue is a prime redevelopment opportunity in Victoria, BC, on a 6,440 SF lot at the border of North Park and Fernwood. Zoned R-74, it allows for ground-oriented multi-unit dwellings, with potential for higher density under the Official Community Plan (up to 1.2:1 FSR or more with assembly). The property is listed at $998,000, reflecting its premium zoning and previous fourplex approval. The vibrant Fernwood neighborhood offers strong community assets, diverse demographics, and proximity to urban villages and downtown. Local cafes, restaurants, and services are just steps away, providing a lively and convenient lifestyle. Royal Athletic Park, home to the Victoria HarbourCats baseball team, is also nearby, adding to the area's recreational appeal. This property stands out for its flexible zoning, strong location, and significant potential for residential development.

Additional information

MLS^® ID: 1043202

Exterior Features

Lot Size: 0.15 Acres

Other Property Details

Taxes: $4,635
Tax Frequency: Annually
Pets Allowed: Yes

Courtesy of Sotheby's International Realty Canada, Lisa Williams

Listing Contact: 250-514-1966

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