None
Baseboard Heaters
$3,930,000
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:37253)
Property Details
|
MLS® Number
|
1042904 |
|
Property Type
|
Multi-family |
|
Neigbourhood
|
Fernwood |
|
Features
|
Central Location, Corner Site, Other, Rectangular |
|
Plan
|
Vip2535 |
Building
|
Constructed Date
|
1912 |
|
Cooling Type
|
None |
|
Fire Protection
|
Fire Alarm System, Sprinkler System-fire |
|
Heating Fuel
|
Electric |
|
Heating Type
|
Baseboard Heaters |
|
Size Exterior
|
10000 Sqft |
|
Type
|
Multi-family |
Land
|
Acreage
|
No |
|
Size Irregular
|
3600 |
|
Size Total
|
3600 Sqft |
|
Size Total Text
|
3600 Sqft |
|
Zoning Type
|
Unknown |
https://www.realtor.ca/real-estate/30031319/1106-balmoral-rd-victoria-fernwood