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  • 1106 Balmoral Rd in Victoria: Vi Fernwood Multi Family for sale : MLS®# 1042904

    1106 Balmoral Rd Vi Fernwood Victoria V8T 1B1
    Main Photo: 1106 Balmoral Rd in Victoria: Vi Fernwood Multi Family for sale : MLS®# 1042904

    1106 Balmoral Rd Victoria V8T 1B1 Vi Fernwood

    $3,930,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    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
    Listed by RE/MAX Generation
    LISTING DETAILS
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Data was last updated August 25, 2026 at 12:05 AM (UTC)
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.