1106 BALMORAL ROAD
Victoria · V8T1B1
$4,320,000
About this residence
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 5.0% 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:61366)
Property details
- Property type
- Multi-family
- Style
- Multi-Family
- Ownership
- Freehold
- Lot size
- 3600
- Year built
- 1912
- Annual tax
- $18,466
- MLS®
- 1042904
- Board
- Victoria
- Status
- Active
- Listed
- Jul 14, 2026
- Updated
- Jul 14, 2026
Features & finishes
Heating
- Baseboard heaters
- Electric
Lot
- Central location
- Other
- Corner Site
- Rectangular
Financing
Estimated monthly payment
$20,203/mo
Loan amount
$3,456,000
Down payment
$864,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Victoria
Nearby
About the area
Census · V8T- 21,343
- Population
- 38
- Median age
- $62,800
- Median income
- $680,000
- Median home value
- 36%
- Home ownership
- 20 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 1106 BALMORAL ROAD?
1106 BALMORAL ROAD is listed for $4,320,000, in Victoria.
What type of home is 1106 BALMORAL ROAD?
1106 BALMORAL ROAD is a Multi-family, Multi-Family, built in 1912.
How large is 1106 BALMORAL ROAD?
The home offers a lot measuring 3600.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $20,203. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $18,466 per year.
What is the Victoria area like?
Victoria has a population of about 21,343, a median age of 38, a 36% home-ownership rate, with an average commute of about 20 minutes.
What is the average home value in Victoria?
The median dwelling value in this area is approximately $680,000, based on census data via Neighbourly.
What is the median household income in Victoria?
The median household income in this area is approximately $62,800.
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