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1106 Balmoral Rd in Victoria: Vi Fernwood Multi Family for sale : MLS®# 1042904
NEW PRICE! 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 5.5% cap rate. Full financials, rent roll, and capital improvement records available to qualified buyers under NDA.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
Gorgeous Fernwood area 2012 built custom home offering over 3200 square feet of living space on 3 levels. Formal living room with fireplace, oversized gourmet kitchen with dining area, office and garage on all on main. Large bedrooms up including spacious primary with fireplace and luxury 6 piece ensuite with immense shower along with soaker tub. Basement with family room plus separate self contained suite for teens, inlaws and extended family. Private garden oasis at back with covered patio. Solar panels and energy system for maximum efficiency. Fantastic location close to town, schools, parks, shopping and more. This home is move-in ready, with swift occupancy possible.More details
BC Assessment: $1,579,000. A rare investment opportunity in the heart of Fernwood! This well-maintained 4-unit character conversion offers a unique blend of historic charm, generous living spaces, and excellent income potential. Each of the four 1-bedroom suites features hardwood floors, spacious kitchens and impressive ceiling heights—approximately 10 feet on the main level and 9 feet upstairs. Original character details throughout add warmth and appeal, while a non-legal bachelor suite in the basement provides additional income potential. Ideally located in one of Victoria’s most desirable and vibrant neighbourhoods, just steps from transit, schools, shopping, parks and everyday amenities. With four established suites, timeless character and a prime Fernwood location, this is a compelling opportunity for investors looking to add a distinctive multi-unit property to their portfolio.More details
Outstanding value for this move in ready gem! Artistic Mid-Century home with west facing treetop views in Fernwood. This stylish 1954 bungalow is beautifully maintained with 1,922 sq ft & radiates a curated mid-century vibe. Find oak hard wood floors & L/R with gas F/P, beautiful D/R & Kitchen with concrete counters, gas stove, teak shelving. French doors lead to the balcony overlooking private views. Lovely & large primary BRDM. BTHRM with walk in shower & heated floors. Lower level offers incredible light filled space that serves as the ultimate studio/flex space with custom LED lighting. The sliding partition door provides extra privacy. 2nd BDRM & BTHRM + office & laundry room. Walk out from the basement to the yard with patios, raised beds, apple trees. Handy storage shed. Perfectly located so you can walk / bike downtown. Incredible local amenities & Oak Bay Ave all of which are walkable. This is a special opportunity for discerning buyers looking for a home with a soul.More details