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1171 Rockland Av 8 Unit Apartment Building $2,650,000 CAD ($331,250 CAD/Unit) Victoria, BC V8V 3H8



Investment Highlights
- Historically designated property featuring eight legal suites in a landmark building.
- Located within walking distance to Downtown Victoria, Cook Street, and Beacon Hill Park.
- Includes two on-site parking spaces, secure bicycle storage, and new commercial laundry machines coming June 2026.
- Extensive upgrades, including electrical, plumbing, kitchens, and bathrooms for low operational risk.
- Recently painted (2024) with preserved heritage architectural details and charm.
- Reliable rental history supported by low vacancy and quality tenancy.
Executive Summary
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.
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.
Property Facts
| Price | $2,650,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $331,250 CAD | Building Class | C |
| Sale Type | Investment | Building Size | 4,817 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1908 |
| Property Subtype | Apartment |
| Price | $2,650,000 CAD |
| Price Per Unit | $331,250 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 4,817 SF |
| No. Stories | 2 |
| Year Built | 1908 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Good public transit
70/100
Moderately bikeable
70/100
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1171 Rockland Av
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