1171 Rockland Av - Apartments FOR SALE


Victoria, BC V8V 3H8
$2,650,000 CAD
250-580-6567
1171 Rockland Av, Victoria, BC for Sale
$2,650,000 CAD
Apartments - FOR SALE
1/9
null | Request Cap Rate

1171 Rockland Av
Victoria, BC V8V 3H8


HIGHLIGHTS

  • Historically designated property featuring eight legal suites in a landmark building.
  • Extensive upgrades, including electrical, plumbing, kitchens, and bathrooms for low operational risk.
  • Located within walking distance to Downtown Victoria, Cook Street, and Beacon Hill Park.
  • Recently painted (2024) with preserved heritage architectural details and charm.
  • Includes two on-site parking spaces, secure bicycle storage, and new commercial laundry machines coming June 2026.
  • Reliable rental history supported by low vacancy and quality tenancy.

OVERVIEW

Dundalk Manor presents a rare opportunity to acquire a fully stabilized, income-generating multi-family property in Victoria’s prestigious Rockland neighborhood. This historically designated Queen Anne residence, originally constructed in 1908, exudes timeless character while offering the benefits of modern upgrades. The three-story property comprises eight meticulously maintained legal suites, including studio, one-bedroom, and two-bedroom layouts, ensuring broad tenant appeal and reliable rental income. Comprehensive renovations since 2017 include new plumbing, kitchens, bathrooms, and a 400 AMP electrical service with individual metering, significantly lowering operating risks. Notable capital projects include a 40-year roof (2011), monitored fire sprinkler system (2020), and low-maintenance irrigated landscaping. The property retains stunning heritage architectural elements such as original façades and intricate design features, harmonizing charm with functionality. Positioned steps from Cook Street Village, Downtown Victoria, Beacon Hill Park, and key amenities, Dundalk Manor boasts exceptional walkability with a score of 91 and immediate transit access. On-site conveniences include two parking stalls, secure bike storage, additional tenant storage, and new commercial laundry installations scheduled for June 2026. This offering combines architectural significance, strong tenancy, and a proven track record of minimal vacancy—ideal for investors seeking long-term value in one of Victoria’s most desirable residential corridors.

FOR SALE DETAILS

PRICE

$2,650,000 CAD

PRICE/SF

$550 CAD /SF

# OF UNITS

8

PRICE/UNIT

$331,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1908

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

4230248

ASK ABOUT THIS PROPERTY

Craig BarkwayEngel & VolkersMore Info
250-580-6567

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Craig BarkwayEngel & VolkersMore Info
250-580-6567

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.