Victoria Real Estate
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7 947 Caledonia Ave

$699,000

Central Park

Townhouse3 bd · 2 ba · 1,395 sqftBuilt 1989$501/sqft3 days on market

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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

Heat PumpBaseboard heatersElectricNatural gas

Cooling

Air Conditioned

Lot

Rectangular

Community

Family OrientedPets Allowed With Restrictions

Price history

3 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Jul 17, 2026

    Listed $699,000

    Active3 days on marketMLS 1042778
  2. Jan 13, 2025

    $678,000

    Sold46 days on marketMLS 978353
  3. Dec 1, 2014

    $332,888

    Sold30 days on marketMLS 684103

How this listing compares

Based on 9 sales in Central Park

Median sold

$703,000

Avg days on market

33 days

Avg sale-to-list

97.8%

Avg $/sqft

$574

Price per square foot

This home: $501/sqftArea average: $574/sqft

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 market2.7 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.

334447560Aug 2016Jun 2021Jun 2026

Local price index (normalized) · 109 months

Recent nearby sales

8 sales
  • 2214 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

$559,200

Down payment

20.0%

$139,800

Property Transfer Tax

$11,980

Legal / closing (est.)

$1,500

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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More on this listing

Interested in this home?

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