Property Type: OtherOwnership: Freehold

1418 Fernwood Rd

Victoria, BC V8V4P7

$1,689,980

6 parking
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Property Details

Property & Lot

Sub-type
Multi-Family
Lot size
6,612 square feet
Zoning
Unknown

GRD-1

Ownership & Fees

Property type
Other
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, Level lot, Southern exposure, Other

Building

Parcel ID (PID)
009-307-168

Parking

Total spaces
6

Listing Information

MLS®
1027261
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 cottage on the rear lot (Unit #6), 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)

Location Insights

Weather

Mainly Clear

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

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 SchoolElementary250 m
Victoria HighElementary448 m
George Jay ElementaryElementary895 m
Victor SchoolK-12922 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 Avenue454 m
  • Stage · 1307 Gladstone Avenue514 m
  • Standard Pizza568 m
  • Fernwood Pizza Company569 m
  • Sun Wah584 m

Cafes (5+)

  • Shine Cafe · 1548 Fort Street502 m
  • Little June · 1301 Gladstone Avenue513 m
  • Fika · 1329 Cook Street560 m
  • Fern Cafe and Bakery · 1-1115 North Park Street656 m
  • The Parsonage Cafe · 1105 Caledonia Avenue733 m

Grocery (3)

  • Fernwood General Store · 1308 Gladstone Avenue541 m
  • Urban Grocer763 m
  • Save-On-Foods · 1010 Pandora Avenue767 m

Parks (5+)

  • Johnson Street Green152 m
  • Joan Crescent Green · 1059 Craigdarroch Road279 m
  • Haegert Park · 1202 Yukon Street465 m
  • Harris Green479 m
  • Stadacona Park · 1490 Pandora Avenue482 m

Gyms (1)

  • Victoria Fitness · 1029 View Street781 m

Pharmacies (4)

  • Rexall531 m
  • Cridge Pharmacy559 m
  • Victoria Compounding Pharmacy · 1089 Fort Street719 m
  • Shoppers Drug Mart797 m

Banks & ATMs (1)

  • Localcoin Bitcoin ATM606 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.)$683.02
Total monthly cost$9,405.56
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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