1249 Rockland Ave, Victoria BC V8V 3X3

1249 Rockland Ave, Victoria BC V8V 3X3 - Multi Family for Sale in Victoria, BC

This 0 bedroom, 0 bathroom multi family in Victoria, British Columbia is listed for sale at $5,725,000. Lot size: 32,670 sq ft (0.75 acres).MLS® #1050878.

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.

Looking for homes for sale in Victoria? Browse Victoria real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Located in the Vi Rockland neighborhood. Part of the Victoria area.