$3,930,000
 $21,097 est/mo Sourced by Back At You

1106 Balmoral Rd,Victoria, BC V8T1B1

Victoria, BC V8T1B1

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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. Contact listing agent for the complete offering package. (id:13843)

Details

MLS #1042904
Listing TypeFor Sale
StatusActive
Year1912
Days On Site106
Listing Provided ByRE/MAX Generation | Dallas King

Features

SQ Feet10,000
Units19
ZoningUnknown
Acreage0.08

Interior

CoolingNone
HeatingBaseboard heaters, Electric
Fireplace Yes / NoNo

Exterior

Security FeaturesSprinkler System-Fire, Fire alarm system
Lot FeaturesCentral location, Corner Site, Other, Rectangular

Taxes

Tax Annual Amount18465.8
Tax Lot5

Area Information

ProvinceBC
CityVictoria
Postal CodeV8T1B1
Listing VS Median (in V8T1B1)
Price:
$3,930,000
low | high
Med:
$3,930,000
50% of Average
sqft:
10,000
low | high
Med:
10,000
50% of Average
$ / sqft:
$393
low | high
Med:
$393
50% of Average
On site:
106
low | high
Med:
106
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceBC
CityVictoria
Postal CodeV8T1B1
Listing VS Median (in V8T1B1)
Price:
$3,930,000
low | high
Med:
$3,930,000
50% of Average
sqft:
10,000
low | high
Med:
10,000
50% of Average
$ / sqft:
$393
low | high
Med:
$393
50% of Average
On site:
106
low | high
Med:
106
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 5:43:34 AM PDT