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1106 Balmoral Rd Victoria, British Columbia V8T 1B1

None Baseboard Heaters

$4,320,000

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:65196)

Property Details

MLS® Number 1042904
Property Type Multi-family
Neigbourhood Fernwood
Features Central Location, Corner Site, Other, Rectangular
Plan Vip2535

Building

Constructed Date 1912
Cooling Type None
Fire Protection Fire Alarm System, Sprinkler System-fire
Heating Fuel Electric
Heating Type Baseboard Heaters
Size Exterior 10000 Sqft
Type Multi-family

Land

Acreage No
Size Irregular 3600
Size Total 3600 Sqft
Size Total Text 3600 Sqft
Zoning Type Unknown

https://www.realtor.ca/real-estate/30031319/1106-balmoral-rd-victoria-fernwood

Contact Us

Contact us for more information

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Dallas King
Personal Real Estate Corporation

(250) 858-5465
islandsold.com/
www.facebook.com/islandsold
www.instagram.com/islandsold

RE/MAX Generation
202-3440 Douglas St
Victoria, British Columbia V8Z 3L5

(250) 386-8875

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