Property Type: FourplexOwnership: Freehold

1145 Meares St

Victoria, BC V8V3J9

$2,100,000

7 bed6 bath3 parking3,664 sqftBuilt 1946
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Property Details

Property & Lot

Sub-type
Fourplex
Lot size
7,200 square feet
Zoning
Residential

GRD-1

Ownership & Fees

Property type
Fourplex
Ownership
Freehold
Annual property tax
$10,858.7

Interior

Heating
Baseboard heaters, Electric, Natural gas
Cooling / A/C
None
Fireplace
Yes (6)

Parking

Total spaces
3 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
StorageMain level8'0 x 11'10
StudioMain level9'3 x 11'11
PatioMain level13'1 x 12'5
PatioMain level18'0 x 15'10
BalconySecond level4'0 x 11'3
BedroomSecond level10'9 x 12'1
BedroomSecond level12'7 x 9'3
BathroomSecond level4-Piece
OfficeSecond level8'3 x 5'3
KitchenSecond level10'6 x 15'7
Living roomSecond level8'6 x 15'7
BalconySecond level4'10 x 11'11
BathroomSecond level4-Piece
KitchenSecond level10'4 x 7'1
BedroomSecond level10'8 x 7'0
Living roomSecond level15'9 x 12'6
BedroomSecond level5'9 x 7'9
Laundry roomMain level7'2 x 12'0
Living roomLower level9'10 x 13'1
KitchenMain level11'0 x 4'9
BathroomMain level3-Piece
BathroomMain level3-Piece
KitchenMain level12'2 x 14'11
Laundry roomMain level10'3 x 10'8
BathroomMain level5-Piece
Dining roomMain level12'2 x 12'2
Living roomMain level12'2 x 11'11
SunroomMain level11'10 x 14'3
BedroomMain level11'9 x 10'8
OfficeMain level7'9 x 8'3
BedroomMain level8'9 x 8'3
BedroomMain level10'6 x 7'9
Living roomMain level15'0 x 12'2
KitchenMain level10'5 x 7'1
BathroomMain level4-Piece
EntranceMain level4'9 x 6'7

Listing Information

MLS®
1037148
Listed
June 8, 2026
Time on market
On the market for 84 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Coast Capital - Chatterton · Data source: CREA DDF.

Description

This extraordinary property offers a once-in-a-generation opportunity with incredible flexibility for modern living. “Auberge Victoria” blends timeless character, income potential and lifestyle in a way few properties can. With over 3,600 sqft of beautifully curated living space across five complete and modern suites, this is the perfect fit for investors, multigenerational families or visionary buyers alike. The charming French Cottage serves as the heart of the property, offering three bedrooms plus a den, two bathrooms and bright, welcoming living, dining & kitchen areas designed for gathering. A sun-soaked sunroom opens seamlessly to the beautiful backyard oasis where mature trees, sunny patios and thoughtfully designed low-maintenance landscaping create a private sanctuary that feels worlds away from the city surrounding it. The carriage house offers additional flexibility with a loft-style space, while the Magnolia & Garden studio suites, along with the upper-level one-bedroom Postern suite, each provide their own outdoor space, stylish updated kitchens with gas stoves and stainless steel appliances, fireplaces and full bathrooms. The interior stairwell also offers the potential to reincorporate additional space back into the main residence if desired. Beyond the impressive floorplan and suite options, the property continues to surprise with multiple laundry facilities, a separate yoga studio and art studio/workshop - ideal for creatives, remote work or wellness and hobby pursuits. All of this is positioned just steps from Victoria’s best restaurants, cafés, groceries, Antique Row, the Inner Harbour and countless local landmarks, while still maintaining the quiet charm of the coveted Rockland neighbourhood. Whether you envision an exceptional family compound or a lifestyle property with significant revenue potential, this is a rare offering in the heart of Victoria. Come experience the magic and possibility for yourself. (id:63159)

Values & Trends

This listing

$573/sqft

Building average

No other active listings in this building

Rockland average

$550/sqft

1 active listing(s)

Parking: 3 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

56

8/9 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 SchoolElementary362 m
Christ Church Cathedral School(Independent)Elementary/Middle508 m
Sir James Douglas ElementaryElementary832 m
Victoria HighElementary875 m
Pacific School of Innovation and Inquiry(Independent)Secondary1.1 km
George Jay ElementaryElementary1.2 km
South Park Family SchoolElementary1.2 km
Victor SchoolK-121.5 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 (5+)

  • The Breakfast Shop · 1025 Cook Street156 m
  • My Thai Café190 m
  • Avalon Restaurant · 1075 Fort Street239 m
  • The Mantra · 1015 Fort Street332 m
  • J&J Wonton Noodle House · 1012 Fort Street341 m

Cafes (5+)

  • Routine Coffee & Supply · 1036 Fort Street281 m
  • Fika · 1329 Cook Street383 m
  • Basic Cafe495 m
  • Blue Fox Cafe · 919 Fort Street523 m
  • The Loft & Ladder610 m

Grocery (2)

  • Market on Yates · 903 Yates Street596 m
  • Save-On-Foods · 1010 Pandora Avenue620 m

Parks (5+)

  • Harris Green487 m
  • Pioneer Square · 1030 Quadra Street541 m
  • Joan Crescent Green · 1059 Craigdarroch Road564 m
  • Pandora Green598 m
  • Mason Street Park · 1045 Mason Street631 m

Shopping (1)

  • London Drugs495 m

Gyms (4)

  • Victoria Fitness · 1029 View Street358 m
  • Forge Gym550 m
  • Peterec's Kombat Centre · 851 Johnson Street728 m
  • Anytime Fitness · 815 Yates Street776 m

Pharmacies (4)

  • Victoria Compounding Pharmacy · 1089 Fort Street217 m
  • Rexall307 m
  • Cridge Pharmacy409 m
  • View Street Pharmacy · 867 View Street654 m

Banks & ATMs (1)

  • Localcoin Bitcoin ATM563 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($420,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,680,000.00
Periodic payment — Principal & Interest (monthly)$10,838.79
Additional monthly expenses (strata, tax, utilities, etc.)$1,087.89
Total monthly cost$11,926.68
Interest paid over 5-yr term$481,492.83
Balance at end of term$1,511,165.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$420,000
Stress test qualifying rate8.09%
Payment you must qualify for$12,918.61

Cash Needed at Closing

Minimum down payment$420,000
Estimated BC PTT$41,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$462,500

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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