All Victoria BC Homes with Suite for Sale
1422 Fernwood Rd
Victoria
V8V 4P7
$1,089,000
Residential
beds: 5
baths: 3.0
2,295 sq. ft.
built: 1907
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1006845
- Bedrooms:
- 5
- Bathrooms:
- 3
- Year Built:
- 1907
- Photos (48)
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Award winning character revenue property located on the eastern slope of Downtown at the Fernwood neighbourhood border. This Queen Anne style home was carefully restored in 2003 under duplex zoning, and later modified into two 1-bedroom ground floor suites and a large 3-bedroom suite on the upper floor. Each suite is individually metered, there is a common laundry area on the main floor and a full basement for storage. If you're looking for an affordable place to call home, then why not occupy 1 suite and earn revenue from the other 2 suites? Walking distance to downtown, Fernwood Village and Oak Bay Avenue with transit service outside your door! Ample on-site parking (6 spaces) off Fernwood Road and Rudlin Street. Need more revenue, then rent out the basement storage area or surplus parking spaces. Competitively priced for todays' market.
- Property Type:
- Residential
- Type:
- Triplex
- Year built:
- 1907 (Age: 118)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 2,295 sq. ft.
- Listing General Location:
- Vi Downtown, Victoria
- Bedrooms:
- 5
- Bathrooms:
- 3.0 (Full:-/Half:-)
- Lot Size:
- 4,760 sq. ft.
- Lot Details:
- 57 x 83.5
- Kitchens:
- 3
- Home Style:
- Character
- Taxes:
- Signup
- Building Features:
- Basement, Bike Storage, Transit Nearby
- Construction:
- Brick, Frame Wood, Insulation All, Shingle-Wood, Wood
- New Construction:
- No
- Basement:
- Full, Unfinished, Walk-Out Access, With Windows
- Foundation:
- Concrete Perimeter, Stone
- Electricity:
- Yes
- Roof:
- Fibreglass Shingle
- Ceiling Heights:
- Signup
- Floor finish:
- Basement Slab, Carpet, Linoleum, Softwood
- Total Building Area:
- 3,351 sq. ft.
- Total Unfinished Area:
- 1,056 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 5
- # Main Level Bedrooms:
- 2
- # Second Level Bedrooms:
- 3
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 2
- # Second Level Bathrooms:
- 1
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 2
- # Second Level Kitchens:
- 1
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 1,056 sq. ft.
- Living Area Main Floor:
- 1,238 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 1,057 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 0
- Laundry Features:
- Common Area
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Additional Accommodations:
- Exists
- Cooling:
- None
- Heating:
- Baseboard, Electric
- Fireplace:
- No
- Pending Date:
- Signup
- Dryer, Oven/Range Electric, Oven/Range Gas, Range Hood, Refrigerator, Washer
- Controlled Entry
- Bay Window(s), Blinds, Stained/Leaded Glass, Wood Frames
- Balcony/Deck, Low Maintenance Yard
- There is 1 on-site visitor space off Fernwood Road and 2 visitor spaces off Rudlin Street.
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- City of Victoria
- Legal Description:
- Signup
- Zoning:
- R1-B
- Accessibility:
- Ground Level Main Floor
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 3
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Other Equipment:
- Sump Pump
- Occupancy:
- Tenant
- Property Condition:
- Resale
- Utilities:
- Cable Connected, Compost, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected, Recycling
- Exposure / Faces:
- East
- Layout:
- Main Level Entry with Upper Level(s)
- Lot Site Features:
- Central Location, Corner Lot, Shopping Nearby, Sidewalk
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Driveway
- Total Parking Spaces:
- 6
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Jul 09, 2025
- Original Price:
- 1089000.0
-
Welcome to 1422 Fernwood Road, an award winning character house conversion. -
Located at the corner of Fernwood Road & Rudlin Street.
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Beautiful character features and colour scheme carefully preserved.
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View from Rudlin Street.
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Front door common entry on Fernwood Road.
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Entry foyer on main floor, Suite 3 door (left), Suite 2 door (right) and stairs to Suite 1.
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Suite 3 living room viewed from entry foyer.
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Suite 3 living room with high ceilings and tall windows.
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Suite 3 view from living room toward kitchen.
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Suite 3 kitchen with eating area.
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Suite 3 kitchen with fridge, stove and range hood.
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Suite 3 view from kitchen toward dining area.
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Suite 3 bedroom with ensuite bathroom door (left).
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Suite 3, 4-piece ensuite bathroom.
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Suite 3, 2nd entrance and deck on south side.
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Suite 2 living room with entry door from foyer (right).
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Suite 2 living room looking toward kitchen.
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Suite 2 kitchen looking toward living room.
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Suite 2 kitchen has fridge, gas oven/range and range hood.
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Suite 2 kitchen island with bright dining area on window side.
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Suite 2 dining area below north facing windows.
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Suite 2 dining area looking toward kitchen.
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Suite 2 bedroom on west side of suite.
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Suite 2, 4-piece bathroom.
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Suite 2 balcony on north side overlooking Rudlin Street.
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Suite 1 galley kitchen with window overlooking entry stairwell (left).
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Suite 1 kitchen with pass through to dining room. Kitchen has fridge, electric range and range hood.
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Suite 1 dining room with kitchen pass through (right) and living room (left).
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Formal dining room with north facing window.
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Suite 1 living room with east facing window.
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Suite 1 view from living room toward dining room, hall to kitchen at left.
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Suite 1 living room looking toward 3rd bedroom.
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Suite 1, 3rd bedroom on south side of suite.
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Suite 1, 2nd bedroom on south side of suite.
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Suite 1 primary bedroom located on west side of suite.
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Suite 1 primary bedroom.
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Suite 1, 4-piece bathroom.
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Coin operated laundry located off main floor entry foyer.
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Near full height basement houses hot water tanks for each unit.
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Plenty of room for tenant storage, or rent it out to others.
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Basement access on west side of house off Rudlin Street.
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Four parallel parking spaces located on south side of property off Fernwood Road.
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Two additional parking spaces located off Rudlin Street.
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Aerial view of property.
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Main floor (Suites 2 & 3) plan.
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Upper floor (Suite 3) plan.
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Basement floor plan.
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Floor plan for all levels.
Listed by Sutton Group West Coast Realty
Data was last updated July 10, 2025 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 260
- Avg list price:
- $547,000
- Min list price:
- $55,000
- Max list price:
- $3,650,000
- Avg days on market:
- 51
- Min days on market:
- 1
- Max days on market:
- 401
- Avg price per sq.ft.:
- $806.51
These statistics are generated based on the current listing's property type
and located in
Vi Downtown. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
When looking to buy Real Estate in Victoria BC, most home buyers are looking for a mortgage helper. Especially a home with a suite. The beauty of having a suite in the home is that you have reliable rent coming in, while it pays off your mortgage and the value of your property increases.
Victoria Real Estate has proven to be very strong. Home prices continue to increase as we have limited land supply and as a lot of Canadians wish to retire on this beautiful island. We are seeing high demand for homes, townhouses and condos on Vancouver Island, however the issue that we are facing now is the limited, land and housing supply. This is what is fueling an increase in home prices. As the market here expands, we are finding that home buyers, especially first time home buyers are starting to look for housing and real estate in the outskirts of the city, as prices are lower, as you move out of the inner city of downtown Victoria.
When home buyers or home sellers, are looking to invest, they always ask me, what makes this market so attractive to invest in for real estate. Well let us be honest, it is one of the most beautiful cities, safest cities, it is quiet, people are friendly, no traffic, and distances are not far. People love living on Vancouver Island, especially beautiful Victria. So there you go! My top reasons for buying real estate in beautiful Victoria BC.
If you are looking to get into the Real Estate Market in Victoria BC, please contact us and we will give you an honest, straight forward answer as to whether this is a market you should invest in or not, based on your circumstanes. Chat soon!