1115 Caledonia Ave - Main photo, Victoria, British Columbia

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$998,000

1115 Caledonia Ave — Victoria, British Columbia

V8T1E9

Sotheby's International Realty Canada

0Beds

4Parking

6,440Lot Sq Ft

About This Property

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:63357)

Sotheby's International Realty Canada

Property Location

Map

Property Details

Property Type: Detached
Bedrooms: 0
Bathrooms: 0
Status: Active

Location & Neighborhood

What's nearby 1115 Caledonia Ave

Nearby Schools

George Jay Elementary
Elementary School • Public • K–7 • French Immersion
0.3 km
Victoria High
Secondary School • Public • 8–12 • French Immersion
0.4 km
Central Middle School
Middle School • Public • 6–8 • French Immersion
0.8 km
VI School of Innovation and Inquiry
K-12 School • Independent • K–10
1.0 km
Christ Church Cathedral School
K-12 School • Independent • K–10
1.1 km

Parks & Recreation

Kings Park
park
0.1 km
Royal Athletic Park
park
0.2 km
Spring Ridge Common
park
0.2 km

Transit Access

Cook at Caledonia
Bus Stop
56m
Cook at Balmoral
Bus Stop
0.2 km
Cook at Princess
Bus Stop
0.2 km
Cook at Pandora
Bus Stop
0.3 km
Pandora at Chambers
Bus Stop
0.4 km

Local Amenities

Coffee & Cafes

The Parsonage Cafe44m
Fern Cafe and Bakery0.1 km

Dining

Sun Wah0.3 km
Standard Pizza0.3 km

Grocery

Save-On-Foods0.4 km
Daily Fresh0.5 km

POI data updated 8/1/2026

Victoria Market Snapshot

616

Active Listings

$890K

MLS® HPI Benchmark

Source: Victoria Real Estate Board, June 2026.

Last updated: Aug 1, 2026

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