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1106 Balmoral Rd in Victoria: Vi Fernwood Multi Family for sale : MLS®# 1042904
Rare 19-suite character walk-up in Victoria's tightly-held Fernwood/North Park pocket. Built in 1912, "The Normandie" offers a diversified mix of 12 bachelor, 6 one-bedroom, and 1 two-bedroom suites, ideal for steady, staggered turnover. Building has been fully rewired and has separately metered electrical for every suite; Upgraded to central gas-fired domestic hot water. Original period detailing throughout, including a stained-glass stairwell and classic bay-window facade. Unbeatable walkability — steps to Fernwood Village, ~650m to downtown core, ~1.7km to Royal Jubilee Hospital, on a strong transit corridor. A stable, well-maintained long-term hold priced to reflect a 5.0% cap rate. Full financials, rent roll, and capital improvement records available to qualified buyers under NDA. Contact listing agent for the complete offering package.More details
Own a piece of history. Tucked into a vibrant, character-rich neighborhood, this iconic 1901 heritage building blends timeless charm with strong income potential. With ornate woodwork, tall windows, oversized columns, and a wrap-around veranda, its presence is both elegant and enduring.
Inside are 10 unique rental units featuring high ceilings (up to 11 ft), original hardwood floors, decorative moldings, and antique gas fireplaces—details that tell a story you simply won’t find in modern construction. Thoughtfully maintained, the property includes updated plumbing, electrical, and heating systems, along with functional kitchens and bathrooms.
Ten units generating high rental income, attracting tenants drawn to both character and location.
Surrounded by mature trees and just steps to shops, cafés, and parks, this is a rare opportunity to invest in something truly special—where history, lifestyle, and income come together beautifully.More details
Situated in a vibrant, character-rich neighbourhood, this distinguished heritage property offers a rare investment opportunity combining timeless architecture with strong income potential. The stately exterior showcases ornate woodwork, expansive windows, grand columns, and a welcoming wrap-around veranda, creating exceptional curb appeal and a lasting first impression. Inside, the property has been legally configured into ten unique rental suites. Units feature impressive ceiling heights along with restored hardwood flooring, classic moldings, and charming fireplaces. These elements create an elevated living experience that continues to attract quality tenants seeking both character and comfort.
The property delivers strong, reliable performance, generating approximately $18,000 per month in rental income.
Ideally located with a walk score of 73 and transit at your doorstep!More details
This exceptional 1905 heritage-designated residence is a rare architectural jewel, thoughtfully restored and legally configured as a multi-plex. Features 5 kitchens and 6 bathrooms, offering several well-appointed two-bedroom suites. The top floor presents the potential for a spacious four-bedroom, two-bathroom, two-level owner’s suite, complete with multiple private deck areas. Extensive upgrades, seamlessly blending modern convenience with preserved period character. The entire structure was comprehensively rebuilt and restored—inside and out—in the early 2000s, earning award recognition for its craftsmanship and dedication to heritage integrity. Situated on two legal lots, the property also includes a detached non-residential cottage (Unit #6) on the rear lot. Highlights include ample off-street parking and a beautifully landscaped front garden adorned with mature fruit trees, enhancing the home’s timeless charm and curb appeal.More details
This exceptional 1905 heritage-designated residence is a rare architectural jewel, thoughtfully restored and legally configured as a multi-plex. Features 5 kitchens and 6 bathrooms, offering several well-appointed two-bedroom suites. The top floor presents the potential for a spacious four-bedroom, two-bathroom, two-level owner’s suite, complete with multiple private deck areas. Extensive upgrades, seamlessly blending modern convenience with preserved period character. The entire structure was comprehensively rebuilt and restored—inside and out—in the early 2000s, earning award recognition for its craftsmanship and dedication to heritage integrity. Situated on two legal lots, the property also includes a detached non-residential cottage (Unit #6) on the rear lot. Highlights include ample off-street parking and a beautifully landscaped front garden adorned with mature fruit trees, enhancing the home’s timeless charm and curb appeal.More details
Discover a rare investment gem in the heart of Fernwood—a well-maintained 4-unit character conversion that blends historic charm with modern comfort. Original architectural details shine throughout, paired with inviting living spaces that tenants love.
Each of the four 1-bedroom suites features hardwood floors, spacious kitchens, and impressive ceiling heights—10 feet on the main level and 9 feet upstairs. A non-legal bachelor suite in the basement adds valuable income potential.
With high demand for unique, character-filled rentals, this property is a strong performer. Located steps from bus routes, schools, shopping, and all Victoria amenities, convenience is built in.
Opportunities like this in Fernwood are rare—secure a standout income property in a sought-after neighbourhood.More details