
7 947 Caledonia Ave
$699,000
Central Park
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About this home
Updated 3-bedroom, 2-bathroom townhome in Victoria’s centrally located Central Park neighbourhood, offering almost 1,400 sq ft of flexible living space across three levels. The generous entry-level bedroom works equally well as a rec room, home office or gym, while two additional bedrooms are located upstairs. The bright and open main floor includes comfortable living and dining areas, a gas fireplace with gas included in the strata fee, a full bathroom, and a well-designed kitchen with a large skylight that fills the space with natural light. Outdoor space is available on every level, with a private patio below and decks off both upper floors. Secure garage parking provides added storage and convenience. The home has been thoughtfully updated with luxury vinyl plank flooring, newer carpet, new laundry machines, custom closet organizers and window blinds, vinyl windows, and triple-glazed patio doors. Airconditioning on the main and upper levels provide efficient heating and cooling, and the hot water tank was replaced in 2023. Despite its central location, the home is surprisingly quiet and is part of a welcoming, well-managed strata with neighbours the current owners speak very highly of. Pets are welcome, making this a great option for buyers looking for more space without giving up a walkable lifestyle. Downtown, Cook Street Village, Quadra Village and Fernwood are all within easy reach, along with Save-On-Foods, Royal Athletic Park and neighbourhood favourites including Wairua, Parsonage Café and Patisserie Daniel. (id:65179)
Property details
From the listing's public record.
Lot size
1,742 square feet
Year built
1989
Taxes
$3,617/yr
Strata / HOA
$490/month
Zoning
Residential
Heating
Cooling
Lot
Community
Price history
3 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 17, 2026
Listed $699,000
Active3 days on marketMLS 1042778Jan 13, 2025
$678,000
Sold46 days on marketMLS 978353Dec 1, 2014
$332,888
Sold30 days on marketMLS 684103
How this listing compares
Based on 9 sales in Central ParkMedian sold
$703,000
Avg days on market
33 days
Avg sale-to-list
97.8%
Avg $/sqft
$574
Price per square foot
Below area average
Current market in Central Park
Active (same type)
2
Pending
1
All active listings
13
Months of supply
2.7
Seller's market — 2.7 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$726,800
Homes in Victoria sell at 96.4% of assessed value on average.
Based on 98 recent sales.
Local price trend
How Central Park has moved over the last decade.
Local price index (normalized) · 109 months
Recent nearby sales
8 sales2214 Cook St
$765,000
2 bd · 3 ba · 1,061 sqft · $721/sqft · 13 days on market
Sold Jun 10, 2026 · 99.4% of list
3-1870 Cook St
$725,000
3 bd · 2 ba · 1,204 sqft · $602/sqft · 25 days on market
Sold Jun 1, 2026 · 96.7% of list
10-930 North Park St
$580,000
2 bd · 2 ba · 1,115 sqft · $520/sqft · 14 days on market
Sold May 31, 2026 · 96.8% of list
20-1019 North Park St
$685,000
3 bd · 2 ba · 1,289 sqft · $531/sqft · 64 days on market
Sold May 8, 2026 · 99.4% of list
4-930 North Park St
$700,000
3 bd · 2 ba · 1,472 sqft · $476/sqft · 28 days on market
Sold Apr 29, 2026 · 96.6% of list
3-945 Pembroke St
$782,000
2 bd · 2 ba · 957 sqft · $817/sqft · 15 days on market
Sold Mar 30, 2026 · 94.4% of list
21-1019 North Park St
$680,000
3 bd · 2 ba · 1,310 sqft · $519/sqft · 59 days on market
Sold Feb 13, 2026 · 97.5% of list
4-947 Caledonia Ave
$703,000
3 bd · 2 ba · 1,403 sqft · $501/sqft · 14 days on market
Sold Feb 11, 2026 · 99% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$699,000 − $139,800
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$153,280
Down payment + PTT + GST + legal estimate.
Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.
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Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.