1418 Fernwood Rd

1418 Fernwood Rd · Victoria, Fernwood · Multi-Family · $1,689,980 · MLS 1027261

Victoria, British Columbia · Neighbourhood: Fernwood

C$1,689,980

For sale

1418 Fernwood Rd is located in Victoria (Fernwood). Property snapshot: Multi-Family, listed at $1,689,980, MLS 1027261. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 78. Latest recorded list price 1689980.00.

List Price: $1,689,980

MLS: 1027261

Days on Site: 78

Price History: Latest recorded list price 1689980.00

Local Decision Guide

How should buyers evaluate 1418 Fernwood Rd?

Start by reading this listing in its Victoria Fernwood context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?

Recent comparable sales, competing active listings, days on market, price changes and current market pace.
Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.

How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 1418 Fernwood Rd?

This page shows a list price of $1,689,980 with MLS 1027261.

What type of home is this Victoria, Fernwood listing?

The page shows Multi-Family at 1418 Fernwood Rd. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 78 days on market/site. Latest recorded list price 1689980.00.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

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Remarks

This exceptional 1905 heritage-designated residence is a rare architectural jewel, thoughtfully restored and legally configured as a multi-plex. The property features five kitchens and six 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 have been carefully completed throughout the home, 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 cottage on the rear lot (Unit #6), providing an excellent opportunity for expansion into a larger, standalone revenue-generating residence. Additional 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. (id:56153)