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Dylon Paul

dylon@dylonpaul.ca +1(250) 650-9019

Listed by Dallas King RE/MAX Generation

$ 3,930,000

Est. payment -/mo

Save

Active

1106 Balmoral Rd Victoria, BC V8T 1B1

10,000 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $393

MLS Listing ID 1042904

HOA Y/N No

Year Built 1912

Annual Tax Amount $18,465

Tax Year 2025

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Multi Family

Property Description

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.

Location

Province BC

County Capital Regional District

Community Vi Fernwood

Area Victoria

Interior

Heating Baseboard, Electric

Cooling None

Flooring Mixed

Fireplace No

Exterior

View Y/N No

Garage No

Building

Lot Description Central Location, Corner Lot, Recreation Nearby, Rectangular Lot, Serviced, Sidewalk

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Municipal

Others

Ownership Freehold

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.

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