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BC's Historic Capital City
On the southern tip of Vancouver Island, you’ll find beautiful downtown Victoria, the oldest city in western Canada.
Nestled in a picturesque and popular inner harbour, it is home to the provincial legislature and is the capital of British Columbia.
Panoramic waterfront views and mountain vistas make Victoria rich in natural beauty, as does the exceptionally mild climate. You can find the warmest weather in Canada in the fair city of Victoria!
Postcard-perfect and highly recognizable, Victoria’s historic Inner Harbour is the heart of the city. Known as the “Gateway to the City of Gardens,” the Harbour is bordered by the iconic Fairmont Empress hotel, the world-renowned Royal British Columbia Museum and the monumental BC Parliament Buildings – all of which contribute to Victoria’s vibrant tourism industry.
Discover Victoria, British Columbia, and find cultural, economic, and recreational opportunities in abundance!
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1043202
- Photos (8)
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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
- Listing General Location:
- Vi Central Park, Victoria
- Bedrooms:
- 0
- Bathrooms:
- 0.0 (Full:-/Half:-)
- Lot Size:
- 6,440 sq. ft.
- Kitchens:
- 0
- # 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
- Main Level
- 0
- Yes
- No
- Unrestricted
- Jurisdiction name:
- City of Victoria
- Zoning:
- GRD-1 (PGA)
- 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
- Date Listed:
- Jul 31, 2026
- Original Price:
- 998000.0
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Listed by Sotheby's International Realty Canada
Data was last updated August 1, 2026 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 21
- Avg list price:
- $639,900
- Min list price:
- $299,900
- Max list price:
- $1,850,000
- Avg days on market:
- 65
- Min days on market:
- 1
- Max days on market:
- 193
- Avg price per sq.ft.:
- $515.29
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.
- NEIL BOSDET
- ROYAL LEPAGE COAST CAPITAL REALTY
- 250.580.6780
- Contact by Email
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