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$4,320,000
British Columbia,Victoria
For Sale Active
1106 Balmoral Rd, Victoria, British Columbia V8T1B1
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Basic Details
Description

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. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 1042904
  • Price: $4,320,000
  • Year Built: 1912
  • Status: Active
  • Office Name: RE/MAX Generation
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 291734
Features & Appliances
Features
  • Heating System: Baseboard heaters, Electric
  • Cooling System: None
Address Map
  • Location: CA, British Columbia, Victoria, V8T1B1
  • Street: Balmoral
  • Street Number: 1106
  • Street Suffix: Road
  • Longitude: W124° 38' 49.6''
  • Latitude: N48° 25' 43.1''
  • Zoning: Unknown
Additional Information
  • Lot Features:
  • Lot Size Dimensions: 3600
  • Number Of Units Total: 19
Financial
  • Tax Annual Amount: 18465.8
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Listing updated: 2026-08-07 11:23:48
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Listing Information
  • List Agent Key: 2002239
  • List Office Key: 291734
  • Modification Timestamp: 2026-07-14T17:35:25Z
  • Originating System Name: Victoria Real Estate Board
  • Status Change Timestamp: 2026-07-14T17:26:17Z
Powered by REALTOR.ca
Listing updated: 2026-08-07 11:23:49
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