Property Type: Detached HouseOwnership: Freehold

1043/1045 Belmont Ave

Victoria, BC V8S3T4

$1,649,000

6 bed7 bath4 parking4,332 sqftBuilt 1913
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Property Details

Property & Lot

Sub-type
House
Lot size
9,360 square feet
Zoning
Multi-Family

GRD-PGA

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,720.73

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
Yes (2)

Building

Parcel ID (PID)
000-440-167

Parking

Total spaces
4 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
PatioMain level16' x 5'
StorageOther15' x 11'
StorageLower level15' x 5'
Laundry roomLower level8' x 5'
Utility roomLower level6' x 8'
StorageLower level13' x 19'
EntranceLower level12' x 3'
BathroomLower level4-Piece
KitchenLower level10' x 8'
BedroomLower level10' x 15'
Living roomLower level14' x 17'
BathroomLower level3-Piece
KitchenLower level5' x 8'
Living room/Dining roomLower level16' x 12'
EnsuiteThird level4-Piece
BedroomThird level24' x 11'
EnsuiteSecond level4-Piece
Primary BedroomSecond level16' x 14'
EnsuiteSecond level3-Piece
BedroomSecond level12' x 11'
KitchenSecond level6' x 12'
Dining roomSecond level10' x 12'
Living roomSecond level16' x 24'
Laundry roomMain level7' x 5'
SunroomMain level15'
PantryMain level8' x 3'
KitchenMain level12' x 12'
BathroomMain level3-Piece
BathroomMain level4-Piece
Primary BedroomMain level16' x 12'
BedroomMain level12' x 9'
Living roomMain level18' x 15'
Dining roomMain level16' x 7'

Listing Information

MLS®
1042400
Listed
July 6, 2026
Time on market
On the market for 56 days
Data last synced
August 31, 2026

Listing provided by: Pemberton Holmes Ltd. · Data source: CREA DDF.

Description

REVENUE PROPERTY Priced below the assessed Value! A rare opportunity to create your ideal living arrangement in Victoria's prestigious Rockland neighbourhood. Offering over 4,300 sq ft of finished living space, this 1913 residence is thoughtfully configured into 4 self-contained suites, with potential for 5—each with its own distinct character, ranging from intimate bachelor charm to spacious family accommodations. Perfect for multi-generational living, rental income, or adaptable lifestyle needs. Set on a nearly 10,000 sq ft lot, the property is surrounded by mature trees and lush gardens, creating a peaceful, private retreat in a walkable, tree-lined enclave just minutes from Downtown Victoria, Cook Street Village, and Oak Bay Avenue. Whether you're an investor seeking reliable income, a developer exploring potential or a family in need of flexible multi-unit living, this property represents an opportunity to own an income-generating asset in one of Victoria’s most desirable neighbourhoods—located within the Priority Growth Area, offering enhanced density benefits to support future development potential! Contact us today for more information and rent role details! (id:63159)

Values & Trends

This listing

$381/sqft

Building average

No other active listings in this building

Rockland average

$703/sqft

7 active listing(s)

Parking: 4 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Mainly Clear

16°C

Mainly Clear

Humidity 73%

Wind S 6 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

59

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 SchoolElementary723 m
Victor SchoolK-12766 m
Sundance-Bank ElementaryElementary768 m
Glenlyon Norfolk School(Independent)K-12806 m
Victoria HighElementary828 m
Margaret Jenkins ElementaryElementary1.2 km
George Jay ElementaryElementary1.3 km
Sir James Douglas ElementaryElementary1.3 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 Avenue163 m
  • Stage · 1307 Gladstone Avenue758 m
  • CairoMum · 1807 Fort Street772 m

Cafes (3)

  • Shine Cafe · 1548 Fort Street106 m
  • QV Coffee House · 1769 Fort Street694 m
  • Little June · 1301 Gladstone Avenue767 m

Grocery (2)

  • Urban Grocer276 m
  • Fernwood General Store · 1308 Gladstone Avenue764 m

Parks (5+)

  • Scurrah Green · 1580 Fort Street119 m
  • Verrinder Park · 1551 Oak Bay Avenue153 m
  • Terrace Park · 1002 Terrace Avenue218 m
  • Stadacona Park · 1490 Pandora Avenue259 m
  • Belmont Green361 m

Pharmacies (3)

  • Shoppers Drug Mart300 m
  • I.D.A. · 1775 Fort Street706 m
  • Fort Royal Pharmacy · 1803 Fort Street760 m

Banks & ATMs (1)

  • Localcoin Bitcoin ATM105 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($329,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,319,200.00
Periodic payment — Principal & Interest (monthly)$8,511.03
Additional monthly expenses (strata, tax, utilities, etc.)$943.73
Total monthly cost$9,454.76
Interest paid over 5-yr term$378,086.51
Balance at end of term$1,186,624.67

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$329,800
Stress test qualifying rate8.09%
Payment you must qualify for$10,144.19

Cash Needed at Closing

Minimum down payment$329,800
Estimated BC PTT$30,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$362,280

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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