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1115 Caledonia Ave Victoria, British Columbia V8T 1E9

$998,000

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. (id:44393)

Property Details

MLS® Number 1043202
Property Type Vacant Land
Neigbourhood Central Park
Features Central Location, Level Lot, Partially Cleared, Other, Rectangular
Parking Space Total 4
Plan Vip153

Building

Land

Acreage No
Size Irregular 6440
Size Total 6440 Sqft
Size Total Text 6440 Sqft
Zoning Description Grd-1 (pga)
Zoning Type Multi-family

https://www.realtor.ca/real-estate/30101726/1115-caledonia-ave-victoria-central-park

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Contact us for more information

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Lisa Williams
Personal Real Estate Corporation

(250) 514-1966
www.lisawilliams.ca/

Sotheby's International Realty Canada
752 Douglas St
Victoria, British Columbia V8W 3M6

(250) 380-3933
(250) 380-3939

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