Property Information:

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.

Property Features:

Annual Tax Amount: $18,465
Building Features: Basement, Fire Alarm, Fire Sprinklers, Laundry Room, Storage Room, Transit Nearby
Built in: 1912
Construction Materials: Brick, Concrete
Cooling: None
Floor Space (approx): 10000 Square Feet
Flooring: Mixed
Foundation Details: Concrete Perimeter
Heating: Baseboard, Electric
Lot Features: Central Location, Corner Lot, Recreation Nearby, Rectangular Lot, Serviced, Sidewalk
Lot Frontage: 3600 Square Feet
Lot Size: 3600.00 Square Feet
Ownership: Freehold
Property Sub Type: Multi Family
Water Source: Municipal
Sewer:

Courtesy of: RE/MAX Generation

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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Demographic Information of 1106 Balmoral Rd, Victoria, BC, V8T 1B1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$99,906.14

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.37 %

High school certificate or equivalent

31.89 %

Apprenticeship trade certificate/diploma

6.55 %

College/non-university certificate

17.19 %

University certificate (below bachelor)

1.91 %

University Degree

32.08 %

Commuter

Travel To Work

By Car

50.14 %

By Public Transit

9.28 %

By Walking

25.04 %

By Bicycle

11.82 %

By Other Methods

3.72 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

63.89 %

Houses

36.11 %

1106 Balmoral Rd, Victoria, BC, V8T 1B1