1249 Rockland Ave, Victoria, BC V8V 3X3
1249 Rockland Ave, Victoria, BC V8V 3X3
1249 Rockland Ave, Victoria, BC V8V 3X3
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Alex Burns

Alex Burns

+1(250) 882-3335
Listed by Kane Ryan Pemberton Holmes Ltd.
$5,975,000
Est. payment /mo
14,797 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,797 sqft

Price per Sqft $403

MLS Listing ID 1050878

HOA Y/N No

Annual Tax Amount $24,705

Tax Year 2026

Lot Size 0.750 Acres

Acres 0.75

Property Sub-Type Multi Family

Property Description

The Laurels offers a rare opportunity to acquire one of Rockland's distinctive landmark properties, a 16-suite heritage apartment building on an approximately 32,746 sq. ft. corner site. Built circa 1889–90 as a residence for Robert and Mary Ward, the Queen Anne mansion later served as two schools before being converted to apartments. The property includes five bachelor, seven one-bedroom and four two-bedroom suites, with shared laundry, storage and on-site parking. High ceilings, decorative millwork and a grand central staircase preserve much of the home's original character. The expansive lawn fronting Rockland Avenue also offers potential future upside, with a subdivision application submitted exploring one or two smaller building lots while retaining The Laurels and substantial parking. Historically enjoying near-full occupancy, this is a unique opportunity to own an income-producing Rockland landmark with stable rental demand, long-term upside and an unbeatable location.

Location

Province BC

County Capital Regional District

Community Vi Rockland

Area Victoria

Interior

Fireplace No

Exterior

Parking Features On Site

Garage Spaces 25.0

View Y/N No

Total Parking Spaces 25

Garage No

Others

Ownership Freehold

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Alex Burns

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+1(250) 882-3335

info@victoriahomes.com

202-3440 Douglas St, Victoria, V8Z 3L5, Canada

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