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$998,000
1115 Caledonia Ave
Victoria, BC V8T 1E9
Victoria, BC V8T 1E9
Land
Property Description
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.
Property Details
MLS #:
1043202
ID #:
31768558
Type:
Residential
Sub-Type:
Land
Area:
Victoria
Sub-Area:
Vi Central Park
Status:
Active
Lot Size:
0.14 acres
Property Tax:
$4,635 (2026)
Days on Market:
26 days
Listing provided by Sotheby's International Realty Canada
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Contact Information
Julien Prevost
Personal Real Estate Corporation
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Location
1115 Caledonia Ave , Victoria, BC V8T 1E9