Property Type: FourplexOwnership: Freehold

1418 Fernwood Rd

Victoria, BC V8V4P7

$1,689,980

7 bed6 bath6 parking3,927 sqftBuilt 1905
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Property Details

Property & Lot

Sub-type
Fourplex
Lot size
6,612 square feet
Zoning
Residential

GRD-1

Ownership & Fees

Property type
Fourplex
Ownership
Freehold
Annual property tax
$8,196.19

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
None

Exterior & Lot

Lot features
Central location, Curb & gutter, Level lot, Southern exposure, Other

Building

Parcel ID (PID)
009-307-168

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
BathroomLower level2-Piece
BathroomThird level4-Piece
Primary BedroomThird level
BedroomThird level
KitchenThird level
Dining roomThird level
Living roomThird level
BathroomSecond level4-Piece
Primary BedroomSecond level
Living roomSecond level
KitchenSecond level
KitchenSecond level
Living roomSecond level
BathroomSecond level4-Piece
Primary BedroomSecond level
SunroomSecond level
BathroomMain level4-Piece
Primary BedroomMain level
Living roomMain level
KitchenMain level
BathroomMain level4-Piece
Primary BedroomMain level
BedroomMain level
KitchenMain level
Living roomMain level
EntranceMain level
PorchMain level
PatioLower level
StorageLower level
StorageLower level
Laundry roomLower level
StorageLower level
StorageLower level
StorageLower level
StudioOther

Listing Information

MLS®
1027176
Listed
February 28, 2026
Time on market
On the market for 185 days
Data last synced
August 29, 2026

Listing provided by: Sutton Group West Coast Realty · Data source: CREA DDF.

Description

This exceptional 1905 heritage-designated residence is a rare architectural jewel, thoughtfully restored and legally configured as a multi-plex. The property features five kitchens and six bathrooms, offering several well-appointed two-bedroom suites. The top floor presents the potential for a spacious four-bedroom, two-bathroom, two-level owner’s suite, complete with multiple private deck areas. Extensive upgrades have been carefully completed throughout the home, seamlessly blending modern convenience with preserved period character. The entire structure was comprehensively rebuilt and restored—inside and out—in the early 2000s, earning award recognition for its craftsmanship and dedication to heritage integrity. Situated on two legal lots, the property also includes a detached non-residential cottage (Unit #6) on the rear lot, providing an excellent opportunity for expansion into a larger, standalone revenue-generating residence. Additional highlights include ample off-street parking and a beautifully landscaped front garden adorned with mature fruit trees, enhancing the home’s timeless charm and curb appeal. (id:63159)

Values & Trends

This listing

$430/sqft

Building average

No other active listings in this building

Fernwood average

$404/sqft

6 active listing(s)

Parking: 6 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Mainly Clear

14°C

Mainly Clear

Humidity 86%

Wind WSW 7 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

37

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

SchoolTypeDistance
Central Middle SchoolElementary245 m
Victoria HighElementary445 m
George Jay ElementaryElementary890 m
Victor SchoolK-12927 m
Christ Church Cathedral School(Independent)Elementary/Middle1.1 km
Sir James Douglas ElementaryElementary1.1 km
Sundance-Bank ElementaryElementary1.3 km
Glenlyon Norfolk School(Independent)K-121.3 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+)

  • Tartan Toque · 1507 Pandora Avenue463 m
  • Stage · 1307 Gladstone Avenue514 m
  • Standard Pizza558 m
  • Fernwood Pizza Company569 m
  • Sun Wah575 m

Cafes (5+)

  • Shine Cafe · 1548 Fort Street512 m
  • Little June · 1301 Gladstone Avenue513 m
  • Fika · 1329 Cook Street550 m
  • Fern Cafe and Bakery · 1-1115 North Park Street648 m
  • The Parsonage Cafe · 1105 Caledonia Avenue725 m

Grocery (3)

  • Fernwood General Store · 1308 Gladstone Avenue541 m
  • Save-On-Foods · 1010 Pandora Avenue757 m
  • Urban Grocer773 m

Parks (5+)

  • Johnson Street Green162 m
  • Joan Crescent Green · 1059 Craigdarroch Road283 m
  • Haegert Park · 1202 Yukon Street458 m
  • Harris Green470 m
  • Stadacona Park · 1490 Pandora Avenue491 m

Gyms (1)

  • Victoria Fitness · 1029 View Street772 m

Pharmacies (3)

  • Rexall521 m
  • Cridge Pharmacy549 m
  • Victoria Compounding Pharmacy · 1089 Fort Street710 m

Banks & ATMs (1)

  • Localcoin Bitcoin ATM616 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($337,996) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,351,984.00
Periodic payment — Principal & Interest (monthly)$8,722.54
Additional monthly expenses (strata, tax, utilities, etc.)$879.02
Total monthly cost$9,601.56
Interest paid over 5-yr term$387,482.50
Balance at end of term$1,216,113.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$337,996
Stress test qualifying rate8.09%
Payment you must qualify for$10,396.28

Cash Needed at Closing

Minimum down payment$337,996
Estimated BC PTT$31,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$371,296

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.

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