Property Type: OtherOwnership: Freehold

1025 Carberry Gdns

Victoria, BC V8S3R8

$2,850,000

6 parkingBuilt 1982
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Property Details

Property & Lot

Sub-type
Multi-Family
Lot size
7,874 square feet
Zoning
Unknown

GRD-1

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$14,507

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
6

Listing Information

MLS®
1042625
Listed
July 9, 2026
Time on market
On the market for 53 days
Data last synced
August 28, 2026

Listing provided by: Fair Realty · Data source: CREA DDF.

Description

PRICED BELOW APPRAISAL. Located in the highly sought-after Rockland area, this exceptional legal 6-plex has been meticulously maintained as an owner-managed investment property. 10-foot ceilings, large windows, and spacious layouts, the building offers five 2-bed suites and one 1-bed suite, all separately metered with dedicated off-street parking. A major 1982 renovation included a new foundation, drainage, plumbing, electrical, insulation, and sound separation, creating a high-quality legal multifamily building. Efficient design minimizes common areas and mechanical systems, helping keep maintenance costs well below industry averages, while numerous capital upgrades have kept the property in excellent condition. Ideally located near downtown with outstanding curb appeal, the property has experienced zero unplanned vacancy over 19 years of ownership, consistently attracting quality long-term tenants. Ideal opportunity for an owner-manager or as a turnkey multigenerational investment. (id:63159)

Location Insights

Weather

Mainly Clear

14°C

Mainly Clear

Humidity 86%

Wind WSW 7 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

91,867

(2021 Census)

+7.1% since 2016

Density: 4,723.2/km²

Dwellings: 53,070

Median household income: $67,500

After-tax: $60,000

Immigrant population: 20%

Top countries of origin (% of total population)

  • United Kingdom3.8% · 3,505
  • United States of America2.1% · 1,945
  • Philippines2% · 1,845
  • China1.2% · 1,110
  • India0.7% · 650
  • Germany0.6% · 590
  • Korea, South0.4% · 400
  • Netherlands0.3% · 315

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

41

6/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Central Middle SchoolElementary372 m
Victoria HighElementary710 m
Victor SchoolK-12974 m
Glenlyon Norfolk School(Independent)K-121.0 km
Sir James Douglas ElementaryElementary1.0 km
Sundance-Bank ElementaryElementary1.1 km
George Jay ElementaryElementary1.2 km
Christ Church Cathedral School(Independent)Elementary/Middle1.2 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (3)

  • Tartan Toque · 1507 Pandora Avenue343 m
  • Stage · 1307 Gladstone Avenue724 m
  • Fernwood Pizza Company780 m

Cafes (2)

  • Shine Cafe · 1548 Fort Street358 m
  • Little June · 1301 Gladstone Avenue727 m

Grocery (2)

  • Urban Grocer625 m
  • Fernwood General Store · 1308 Gladstone Avenue744 m

Parks (5+)

  • Joan Crescent Green · 1059 Craigdarroch Road159 m
  • Johnson Street Green234 m
  • Stadacona Park · 1490 Pandora Avenue434 m
  • Scurrah Green · 1580 Fort Street440 m
  • Verrinder Park · 1551 Oak Bay Avenue500 m

Pharmacies (2)

  • Shoppers Drug Mart654 m
  • Rexall763 m

Banks & ATMs (1)

  • Localcoin Bitcoin ATM446 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($570,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,280,000.00
Periodic payment — Principal & Interest (monthly)$14,709.79
Additional monthly expenses (strata, tax, utilities, etc.)$1,208.92
Total monthly cost$15,918.70
Interest paid over 5-yr term$653,454.55
Balance at end of term$2,050,867.37

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$570,000
Stress test qualifying rate8.09%
Payment you must qualify for$17,532.40

Cash Needed at Closing

Minimum down payment$570,000
Estimated BC PTT$63,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$635,000

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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