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.More details
Situated in a vibrant, character-rich neighbourhood, this distinguished heritage property offers a rare investment opportunity combining timeless architecture with strong income potential. The stately exterior showcases ornate woodwork, expansive windows, grand columns, and a welcoming wrap-around veranda, creating exceptional curb appeal and a lasting first impression. Inside, the property has been legally configured into ten unique rental suites. Units feature impressive ceiling heights along with restored hardwood flooring, classic moldings, and charming fireplaces. These elements create an elevated living experience that continues to attract quality tenants seeking both character and comfort.
The property delivers strong, reliable performance, generating approximately $18,000 per month in rental income.
Ideally located with a walk score of 73 and transit at your doorstep!More details
Own a piece of history. Tucked into a vibrant, character-rich neighborhood, this iconic 1901 heritage building blends timeless charm with strong income potential. With ornate woodwork, tall windows, oversized columns, and a wrap-around veranda, its presence is both elegant and enduring.
Inside are 10 unique rental units featuring high ceilings (up to 11 ft), original hardwood floors, decorative moldings, and antique gas fireplaces—details that tell a story you simply won’t find in modern construction. Thoughtfully maintained, the property includes updated plumbing, electrical, and heating systems, along with functional kitchens and bathrooms.
Ten units generating high rental income, attracting tenants drawn to both character and location.
Surrounded by mature trees and just steps to shops, cafés, and parks, this is a rare opportunity to invest in something truly special—where history, lifestyle, and income come together beautifully.More details
This exceptional 1905 heritage-designated residence is a rare architectural jewel, thoughtfully restored and legally configured as a multi-plex. Features 5 kitchens and 6 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, 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. 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.More details
This exceptional 1905 heritage-designated residence is a rare architectural jewel, thoughtfully restored and legally configured as a multi-plex. Features 5 kitchens and 6 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, 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. 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.More details
Discover a rare investment gem in the heart of Fernwood—a well-maintained 4-unit character conversion that blends historic charm with modern comfort. Original architectural details shine throughout, paired with inviting living spaces that tenants love.
Each of the four 1-bedroom suites features hardwood floors, spacious kitchens, and impressive ceiling heights—10 feet on the main level and 9 feet upstairs. A non-legal bachelor suite in the basement adds valuable income potential.
With high demand for unique, character-filled rentals, this property is a strong performer. Located steps from bus routes, schools, shopping, and all Victoria amenities, convenience is built in.
Opportunities like this in Fernwood are rare—secure a standout income property in a sought-after neighbourhood.More details
Welcome to this well-maintained, character triplex in the heart of popular Fernwood. A unique property in versatility, ideal for owner occupancy with supplemental rental income, multi generational living or investors. Approximately $92,000 gross annual revenue, Currently configured as 6 self contained suites with the ability to easily combine the lower with upper levels to create 3 spacious family sized residences: suites 1&5, 2&6, 3&4. The main residence -Suite 1 & 5 are both vacant and ready for immediate occupancy. There is common coin-op laundry & rare driveway parking for 3 vehicles with additional street parking. Situated on a sunny, level 7000 ft.² lot, both front and backyards provide excellent exposure for gardening, entertaining or future landscaping. Prime urban location on a tree-lined street half a block from Vic High School, walking distance to Fernwood Square, local cafés and shops, Crystal Pool and Fitness Centre, Summit Park, Downtown Victoria, close to transit
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1602 & 1608 Fort Street represent a rare opportunity to acquire two adjacent commercial properties in one of Victoria’s most established and highly trafficked urban corridors. Located on the corner along Fort Street and Oak Bay Avenue, a key arterial connecting Downtown Victoria with the Oak Bay community, the properties offer stable income today with future repositioning and redevelopment upside.
The asset is currently improved with two income-producing buildings and benefits from strong frontage, excellent visibility, and a diverse surrounding mix of retail, service, and residential uses. 1602 Fort Street benefits from a sale-leaseback structure to provide immediate income with short-term flexibility along with the established tenancy of Sound Hounds located on 1608 Fort Street.More details
Open House Sat August 22 11:00-1:00. This is the Fernwood character home you’ve been waiting for! Five bedrooms, updated kitchen and baths, original charm throughout. Gleaming hardwood floors, stained glass windows, and bright living and dining spaces welcome you in. The kitchen shines with stainless steel appliances, granite counters, cork flooring, and triple pane windows. Two bedrooms and a spa like bath with tile floors and shower complete the main level, with two more bedrooms, including primary, and a second bath upstairs. A fifth bedroom, workshop, and laundry downstairs offer development potential and room to grow. Enjoy front and back decks for morning coffee, a stone patio for easy entertaining, and the back yard bursting with garden beds including espaliered pear and apple trees, fully fenced for pets and kids. Across from Alexander Park and walking distance to Fernwood Village, Hillside Mall, and Jubilee Hospital. Come see why Fernwood living means never wanting to leave!More details
An exceptional opportunity to acquire a centrally located, ready-to-develop townhouse site in the heart of Victoria. This 5,940 SF property has been successfully rezoned to the R-114 Zone (1326 Pandora Street District) with a Development Permit (DP) in place, allowing for the construction of four (4) townhomes. With approvals secured, this is a rare chance for developers or builders to bring a missing middle housing project to life in the vibrant Fernwood neighbourhood (buyer to verify all info deemed important).More details
Attention investors & developers. Corner lot in sought after Fernwood, this charming two bedroom home offers exceptional redevelopment potential in one of Victoria's most desirable growth areas. Current R1B zoning allows subdivision, strata development, or a mixed commercial & residential project (buyers to verify w/ City of Victoria). Main level features a bright layout w/ two spacious bedrooms, generous kitchen, & cozy living room w/ gas fireplace and decommissioned wood fireplace. Large deck overlooks landscaped backyard w/ private hot tub, mature trees & flower gardens.
Full height unfinished basement w/ laundry offers storage or future development potential. Updates include hot water on demand, efficient heat pump, updated perimeter drains, upgraded copper plumbing, improved wall insulation, & LED pot lighting. Solid walnut, mahogany & red oak hardwood flooring, plus quality pine & oak cabinetry. A rare opportunity in one of Victoria's most vibrant, evolving neighborhoods.More details
Listed by RE/MAX Generation - The Neal Estate Group
Move straight into vacant Suite A while the other two suites generate $4,100/month; an exceptional way to own in Fernwood. This 1910 character home is configured as a non-conforming triplex with nearly 3,100 finished sq ft and no shared interior space. Each suite has its own entrance, laundry and private outdoor space, giving everyone genuine privacy. The front 2-bed/1-bath is the period showpiece, with soaring ceilings and sunny bay windows. The rear-and-upper 2-bed/1-bath features vaulted ceilings, skylights, an open kitchen and private deck. The bright lower-level 3-bed/1-bath offers an island kitchen and large deck. Live in one with substantial income already in place, or hold all three as a flexible long-term rental. A 92 Walk Score, 93 Bike Score and 82 Transit Score put schools, Downtown, Fairfield and Oak Bay within easy reach. Pre-inspection and 3D tour available!More details