Multi-Family for sale in Victoria, British Columbia. Listed at $3,930,000.
Built in 1912
MLS® 30031319
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:27495)
Listing courtesy of RE/MAX Generation · Dallas King
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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