Fernwood, Victoria · MLS® 1053150
211
1,152 sq ft · 3,360 sq ft lot · House · Single Family · built 1912 · 3 days on market
listed by Blake Moreau, RE/MAX Camosun
Step into the warmth and character of this charming 1912 home, offering 2–3 bedrooms and 1 bathroom in a highly central location. Original details include solid wood floors, coved ceilings and a cozy wood-burning fireplace. The bright, inviting art room provides the perfect space for creativity, hobbies or a home office. Spacious kitchen and Dining room for entertaining. The lower level offers excellent future development potential, along with a newer furnace and hot water tank. Outside, enjoy a private, south-facing backyard complete with grapevines, plum and apple trees, and a sunny patio—perfect for relaxing or entertaining. Just a short commute to Downtown Victoria and close to an abundance of shopping and amenities. A wonderful opportunity and great value! There is a bonus detached 1 bedroom garden suite.
found among the listing photos.
20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing.
Costs: mortgage $3,164 · tax $316 · insurance ~$175 · vacancy 3% · upkeep 5%.
Suite rent is today's market rent for a 1-bedroom in Victoria: CMHC's average there ($1,644) raised by what new tenants pay against everyone in the Victoria area, then down 1% with Victoria's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Catchment schools, Greater Victoria School District 61
1.1 km away · 1623 Bank St, Victoria · 250-598-5012
2.6 km away · 851 Monterey Ave, Victoria · 250-598-4589
1.7 km away · 2121 Cadboro Bay Rd, Victoria · 250-598-3361
From the Greater Victoria School District 61's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.
| year | assessed | est. tax |
|---|---|---|
| 2026 | $707,000 | $3,999 |
The listing shows $3,797 a year in property tax.
Estimate: the BC Assessment value times Victoria's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.
Development permit for a 5 storey building
200 m away · 2025 · under review · 1545 and 1551 Bay Street
The City is reviewing a Delegated Development Permit application to construct a five-storey rental apartment. <br><br>Under the site’s existing zoning, the application may be permitted; however, it requires staff review against city policy/guidelines and a decision of the Director of Planning. This information is being shared to keep the community informed.
Development permit for a 3 storey building
230 m away · 2025 · under review · 1574 Bay Street
The City is reviewing a Delegated Development Permit application to construct two three-storey residential buildings. <br><br>Under the site’s existing zoning, the application may be permitted; however, it requires staff review against city policy/guidelines and a decision of the Director of Planning. This information is being shared to keep the community informed.
Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: City of Victoria development tracker.
Houses in Victoria, registered sales in the last 6 months (BC Assessment) against each home's last asking price on the MLS®. Sale prices register 1 to 3 months after a sale closes.
lot outline: 312 m² (3,358 sq ft) · PID 007-701-608. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.
Walkability 81/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 4 places to eat or drink, 2 cafes, 14 parks and playgrounds, 1 school, 20 transit stops.
mihom score from OpenStreetMap places, by straight line distance.