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$998,000
1043202 MLS
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.

1115 Caledonia Ave, Victoria

Courtesy of Sotheby's International Realty Canada

$1,499,900
7 Beds ⋅ 5 Baths ⋅ 1040768 MLS
Welcome to 2329 Dowler Place, a rare Victoria offering with 6 self-contained suites and 4,422 sq. ft. of finished space. This well-maintained multi-family property offers strong rental income potential in a prime location near parks, shopping, transit, and downtown. The main floor has two units, including a bright 3-bedroom with spacious living areas, dining room, and private deck. Upstairs are three bachelor suites with open layouts, while the lower level features a large 3-bedroom with kitchen, living room, and laundry. A detached 1-bedroom suite adds flexibility. Units range from 1–3 bedrooms, attracting a diverse tenant mix. The building boasts ample natural light, efficient layouts, and outdoor spaces including decks and an enclosed balcony. Updated systems and well-planned common areas enhance appeal. Ideal for investors, multi-generational living, or those seeking a prime addition to their portfolio, this property delivers value in a highly accessible neighborhood.

2329 Dowler Pl, Victoria

Courtesy of eXp Realty

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