Victoria Canada Houses For Sale
1249 Rockland Ave
Vi Rockland
Victoria
V8V 3X3
$5,975,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1050878
- Photos (40)
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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.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building
- Lease Type:
- Sale of Assets
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Vi Rockland, Victoria
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0.752 acre(s)0.3 hectare(s)
- Taxes:
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- Ceiling Heights:
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- Total Building Area:
- 14,797 sq. ft.1,375 m2
- Commercial Area:
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- Fireplace:
- No
- Pending Date:
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- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- City of Victoria
- Legal Description:
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- Parking Features:
- On Site
- Total Parking Spaces:
- 25
- Business Type:
- Accommodation
- Total Units:
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- Date Listed:
- Sep 25, 2026
- Original Price:
- 5975000.0
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Larger map options:
Listed by Pemberton Holmes Ltd.
Data was last updated September 30, 2026 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 124
- Avg list price:
- $974,500
- Min list price:
- $30,000
- Max list price:
- $17,029,000
- Avg days on market:
- 89
- Min days on market:
- 1
- Max days on market:
- 583
These statistics are generated based on the current listing's property type
and located in
Victoria. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- BCHOMEGROUP.CA
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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.
