FlatKey Realty Ltd. · Licensed B.C. real estate brokerage · Tom Majek Personal Real Estate Corporation, Managing Broker
$3,930,000

1106 Balmoral Road, Victoria V8T1B1

Built 1912
Detached
Listed by: RE/MAX Generation.
Data provided by CREA's Data Distribution Facility.
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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:66934)

Location

Approximate location supplied by the listing data provider.

Features

Structure: Multi-Family
Annual Taxes: $18,466
Lot Size: 3600.0

Property Details

Property Type Detached
Sub Type Multi-family
Lot Size 3,600 sq ft
Year Built 1912
Days on Market 38
Listing ID 1042904

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