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
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
Looking for a home for your university student? Bright, spacious, and centrally located on the Oak Bay Junction in Fernwood, welcome to this 1 bedroom, 1 bathroom home. With over 856 finished square feet and a large balcony, this thoughtfully designed home offers an open-concept layout with large windows that fill the space with natural light. The living area allows you to host friends and family in the dining room and versatile living room. Ample amenities include a recreational facility complete with pool, hot tub, sauna, gym, landscaped courtyard, library and workshop. Tennis courts across the way. You are just steps to cafés, restaurants, parks, groceries, and all downtown amenities while still enjoying a quiet residential feel. This professionally managed building offers secure entry, parking, and the convenience of urban living, making it an excellent opportunity for first-time buyers, investors, or those seeking a low-maintenance lifestyle in the heart of Victoria.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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Location, Location, Location!! Welcome to Victoria's Friendly Fernwood neighbourhood, just steps from the character and charm the Fernwood village offers including the recently refurbished Victoria High School, George Jay elementary, The Belfry theater, The Fernwood Inn Pub/restaurant, Ferwood pizza, Shops and a daycare++ only a 10 minute walk to everything downtown Victoria offers. With 3 beds, 3 baths, plus a finished outbuilding with office, greenhouse and guest bedroom or storage this home presents excellent utility and potential for families at a reasonable price point. This home has been lovingly updated and maintained with hard surface kitchen counters and fresh backsplash, new flooring and a generous back patio perfect for summer entertaining. This home is move in ready and being a 1/2 duplex there are no strata fees. Call now!More details
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
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