40
See all 40 photos
Listed by Kane Ryan Pemberton Holmes Ltd.
$5,975,000
Est. payment /mo
14,797 SqFt
New
1249 Rockland Ave Victoria, BC V8V 3X3
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
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
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.
Nearby Locations
GET IN TOUCH TO SAVE YOUR TIME