1106 Balmoral Rd, Victoria BC V8T 1B1
$4,320,000
00
1106 Balmoral Rd, Victoria BC V8T 1B1 - Multi Family for Sale in Victoria, BC
This 0 bedroom, 0 bathroom multi family is listed for sale at $4,320,000 in Victoria, British Columbia. Built in 1912. Lot size: 3,485 sq ft (0.08 acres).MLS® #1042904.
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.
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$4,320,000
For Sale
1 / 38
1106 Balmoral Rd, Victoria BC V8T 1B1
Victoria, BC V8T 1B1
MLS® #1042904
RE/MAX Generation
0beds
0baths
1912
Property Details
Balmoral Rd Market Report
View comprehensive market analysis for Balmoral Rd including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Balmoral Rd Market ReportDescription
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.
Listing History
Members Only
Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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Location & Community
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Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$23,100
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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