1106 Balmoral Rd, Victoria
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:1945)
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Property details for 1106 Balmoral Rd, Victoria
- Type
- Multi-family
- Lot Size
- 3600
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Ownership
- Freehold
- Annual Taxes
- $18,466
Nearby Listings Stat
Estimated price and comparable properties near 1106 Balmoral Rd
Active Listings
504
Min Price
$30,000
Max Price
$5,975,000
Avg Price
$893,143
Days on Market
73
days
Sold Listings
159
Min Sold Price
$54,999
Max Sold Price
$3,495,000
Avg Sold Price
$839,684
Days until Sold
76
days
Neighbourhood Census Data
Victoria, British Columbia / Colombie-Britannique
Population
453
Median Age
34.5
Median Income
$28,480
Dwelling Value
$500,204
Housing Tenure
Owners 15%
Renters 88%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.7
Pop. Density: 9,912.5/km²
Avg Shelter Cost: $1,777/mo
Owners with Mortgage: 71.4%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 51.2%
English only: 83.5%
English and French: 13.2%
Neither: 2.2%
Median Household Income: $40,896
Median Employment Income: $27,200
Price History
Listed
July 14, 2026
by RE/MAX Generation
Current Price
$3,930,000
-9% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $3,930,000 | $390,000 (-9%) |
| Aug 21, 2026 | $4,320,000 | Listed |
