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Home > Properties > Property Details

Commercial Sale

$4,320,000
1106 Balmoral Rd, Victoria, BC

Address

1106 Balmoral Rd, Victoria, BC

Price

$4,320,000

Property 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.

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Interested in this property?

Contact Scott Parker Personal Real Estate Corporation for more information

(250) 751-1223
scott@scottparker.ca
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Property Details

MLS® Number: 1042904
Property Type: Commercial Sale
Property Subtype: Multi Family
Status: Active
Lot Size: 0.08 acres
Area: Victoria - Vi Fernwood
Annual Tax: $18,466 (2025)
Days on Market: 4 days

Additional Property Details

Building Type: Multi-Family
Construction Date: 1912
Cooling: None

Property Features & Amenities

Features: Central location, Corner Site, Other, Rectangular

Parking & Land Details

Land Size: 3600 sqft
Acreage: false

Landscape & Property Information

Irregular Land Size: 3600
Ownership Type: Freehold
Transaction Type: For sale

MLS® Number

1042904

Property Photos

Property Landing Page Open shareable magazine-style page

Property Location

1106 Balmoral Rd, Victoria, BC

Listed by RE/MAX Generation

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