Vi Fernwood Homes with Multi Family Subtype

Welcome to Vi Fernwood, a charming subdivision nestled in the heart of Victoria, British Columbia. Known for its vibrant community spirit and lush greenery, Vi Fernwood offers an idyllic setting for families, young professionals, and retirees alike. This picturesque neighborhood is characterized by its tree-lined streets, historic architecture, and a strong sense of belonging that invites residents to create lasting memories.

One of the standout features of Vi Fernwood is its diverse selection of homes, particularly those with a multi-family subtype. These residences are designed to accommodate various lifestyles, making them an excellent choice for investors, families seeking additional rental income, or those looking to live in close-knit arrangements with loved ones. With spacious layouts and modern amenities, these homes provide the perfect balance of comfort and functionality.

Residents of Vi Fernwood enjoy easy access to a plethora of local amenities, including parks, schools, and trendy cafes. The nearby Fernwood Village is a hub of activity, featuring art galleries, boutique shops, and community events that foster a vibrant social scene. For outdoor enthusiasts, the stunning landscapes of Beacon Hill Park and the waterfront are just a short drive away, offering endless opportunities for recreation and relaxation.

With its unique blend of community charm and modern living, Vi Fernwood is more than just a place to call home—it's a lifestyle. Discover your perfect multi-family residence in this delightful neighborhood and experience the warmth and vibrancy that Victoria has to offer!

Newest Vi Fernwood Homes with Multi Family Subtype

$4,320,000

1042904 MLS

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.

1106 Balmoral Rd, Victoria

Courtesy of RE/MAX Generation

$2,599,999

1028840 MLS

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!

1270 Yates St, Victoria

Courtesy of Oakwyn Realty Ltd.

$1,689,980

1027261 MLS

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.

1418 Fernwood Rd, Victoria

Courtesy of Sutton Group West Coast Realty

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