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1115 Caledonia Ave
Vi Central Park Victoria V8T 1E9

$998,000
Residential beds: 0 baths: 0.0

Main Photo: 1115 Caledonia Ave in Victoria: Vi Central Park Land for sale : MLS®# 1043202
Photo 1: 1115 Caledonia Ave in Victoria: Vi Central Park Land for sale : MLS®# 1043202
Photo 2: 1115 Caledonia Ave in Victoria: Vi Central Park Land for sale : MLS®# 1043202
Photo 3: 1115 Caledonia Ave in Victoria: Vi Central Park Land for sale : MLS®# 1043202
Photo 4: 1115 Caledonia Ave in Victoria: Vi Central Park Land for sale : MLS®# 1043202
Photo 5: 1115 Caledonia Ave in Victoria: Vi Central Park Land for sale : MLS®# 1043202
Photo 6: 1115 Caledonia Ave in Victoria: Vi Central Park Land for sale : MLS®# 1043202
Status:
Active
Prop. Type:
Residential
MLS® Num:
1043202
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 Type:
Residential
Type:
Land
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Central Park, Victoria
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Size:
6,440 sq. ft.
Kitchens:
0
Taxes:
Ceiling Heights:
Commercial Area:
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
0
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
0
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Water supply:
To Lot
Sewer:
Sewer To Lot
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Victoria
Legal Description:
Zoning:
GRD-1 (PGA)
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Land Value Only
Lot Site Features:
Central Location, Cleared, Easy Access, Level, Recreation Nearby, Rectangular Lot, Shopping Nearby
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Total Parking Spaces:
4
Total Units:
Date Listed:
Jul 31, 2026
Original Price:
998000.0
  • Photo 1: 1115 Caledonia Ave in Victoria: Vi Central Park Land for sale : MLS®# 1043202
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  • Photo 2: 1115 Caledonia Ave in Victoria: Vi Central Park Land for sale : MLS®# 1043202
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  • Photo 3: 1115 Caledonia Ave in Victoria: Vi Central Park Land for sale : MLS®# 1043202
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  • Photo 4: 1115 Caledonia Ave in Victoria: Vi Central Park Land for sale : MLS®# 1043202
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  • Photo 5: 1115 Caledonia Ave in Victoria: Vi Central Park Land for sale : MLS®# 1043202
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  • Photo 6: 1115 Caledonia Ave in Victoria: Vi Central Park Land for sale : MLS®# 1043202
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Listed by Sotheby's International Realty Canada
Data was last updated July 31, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$565,000
Min list price:
$299,900
Max list price:
$1,850,000
Avg days on market:
67
Min days on market:
5
Max days on market:
192
Avg price per sq.ft.:
$511.9
These statistics are generated based on the current listing's property type and located in Vi Central Park. Average values are derived using median calculations. This data is not produced by the MLS® system.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.