1106 Balmoral Rd
Victoria, BC V8T1B1
$3,930,000
Property Details
Property & Lot
- Sub-type
- Multi-Family
- Lot size
- 3,600 square feet
- Zoning
- Unknown
Ownership & Fees
- Property type
- Other
- Ownership
- Freehold
- Annual property tax
- $18,465.8
Interior
- Heating
- Baseboard heaters, Electric
- Cooling / A/C
- None
- Fireplace
- None
Listing Information
- MLS®
- 1042904
- Listed
- July 14, 2026
- Time on market
- On the market for 48 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Generation · Data source: CREA DDF.
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:63159)
Location Insights
Weather
16°C
Mainly Clear
Humidity 73%
Wind S 6 km/h
Tonight
12°
Tuesday
19°
Tuesday night
13°
Wednesday
15°
Wednesday night
11°
Thursday
15°
Source: Environment and Climate Change Canada.
Population
91,867
(2021 Census)
+7.1% since 2016
Density: 4,723.2/km²
Dwellings: 53,070
Median household income: $67,500
After-tax: $60,000
Immigrant population: 20%
Top countries of origin (% of total population)
- United Kingdom3.8% · 3,505
- United States of America2.1% · 1,945
- Philippines2% · 1,845
- China1.2% · 1,110
- India0.7% · 650
- Germany0.6% · 590
- Korea, South0.4% · 400
- Netherlands0.3% · 315
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
59
7/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Victoria High | Elementary | 444 m |
| George Jay Elementary | Elementary | 520 m |
| Central Middle School | Elementary | 655 m |
| Christ Church Cathedral School(Independent) | Elementary/Middle | 852 m |
| Victor School | K-12 | 1.2 km |
| Pacific School of Innovation and Inquiry(Independent) | Secondary | 1.2 km |
| VI School of Innovation and Inquiry(Independent) | Elementary/Middle | 1.2 km |
| Oak and Orca Bioregional School(Independent) | K-12 | 1.5 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Restaurants (5+)
- Sun Wah119 m
- Standard Pizza126 m
- Quesadas Burritos & Tacos · 1545 Vancouver Street245 m
- Chicken World · 924 Pandora Avenue378 m
- Moxie's409 m
Cafes (5+)
- Fern Cafe and Bakery · 1-1115 North Park Street94 m
- WAIRUA · 1040 North Park Street142 m
- The Parsonage Cafe · 1105 Caledonia Avenue192 m
- Fika · 1329 Cook Street313 m
- The Loft & Ladder412 m
Grocery (4)
- Save-On-Foods · 1010 Pandora Avenue237 m
- Daily Fresh · 1627 Quadra Street428 m
- Market on Yates · 903 Yates Street567 m
- Fernwood General Store · 1308 Gladstone Avenue649 m
Parks (5+)
- Mason Street Park · 1045 Mason Street129 m
- Harris Green212 m
- Haegert Park · 1202 Yukon Street242 m
- Kings Park · 1150 Caledonia Avenue277 m
- Pandora Green284 m
Shopping (1)
- London Drugs532 m
Gyms (5+)
- Forge Gym397 m
- Victoria Fitness · 1029 View Street530 m
- Peterec's Kombat Centre · 851 Johnson Street551 m
- Tropos Fitness Club · 1601 Blanshard Street644 m
- Anytime Fitness · 815 Yates Street698 m
Pharmacies (4)
- Cridge Pharmacy286 m
- Rexall383 m
- Victoria Compounding Pharmacy · 1089 Fort Street603 m
- View Street Pharmacy · 867 View Street687 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($786,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.