Property Type: OtherOwnership: Freehold

1171 Rockland Ave

Victoria, BC V8V3H8

$2,650,000

Built 1908
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Property Details

Property & Lot

Sub-type
Multi-Family
Lot size
5,806 square feet
Zoning
Unknown

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$13,021.09

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
None

Listing Information

MLS®
1036880
Listed
May 14, 2026
Time on market
On the market for 109 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver Island · Data source: CREA DDF.

Description

Rare turn-key investment opportunity in Rockland! Historic Dundalk Manor offers incredible curb appeal and revenue featuring 8 legal studio, one and two bedroom suites. Recently renovated (with permits) and painted (2024) while retaining historical details and charm. New 400 AMP electrical service (individual meters), new plumbing, kitchens, bathrooms, and low-maintenance/ irrigated landscaping. 40 year roof (2011) and remotely monitored fire sprinkler system (2020). Coveted location: steps to Cook Street, Downtown Victoria, Beacon Hill Park, shops, restaurants and all amenities. Transit steps away, and a walk score of 91! Two on-site parking spaces, secure bike storage, additional tenant storage and new commercial laundry machines (being installed June 2026). Solid rental history with low vacancy rates and wonderful tenants. Don't wait! This one-of-a-kind historically designated property won't last! (id:63159)

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

48

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 SchoolElementary391 m
Christ Church Cathedral School(Independent)Elementary/Middle558 m
Sir James Douglas ElementaryElementary708 m
Victoria HighElementary965 m
Pacific School of Innovation and Inquiry(Independent)Secondary1.1 km
South Park Family SchoolElementary1.2 km
George Jay ElementaryElementary1.3 km
Victor SchoolK-121.6 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 Street259 m
  • My Thai Café273 m
  • Avalon Restaurant · 1075 Fort Street341 m
  • The Mantra · 1015 Fort Street425 m
  • J&J Wonton Noodle House · 1012 Fort Street441 m

Cafes (5+)

  • Routine Coffee & Supply · 1036 Fort Street386 m
  • Fika · 1329 Cook Street506 m
  • Blue Fox Cafe · 919 Fort Street606 m
  • Basic Cafe607 m
  • The Loft & Ladder728 m

Grocery (2)

  • Market on Yates · 903 Yates Street701 m
  • Save-On-Foods · 1010 Pandora Avenue745 m

Parks (5+)

  • Joan Crescent Green · 1059 Craigdarroch Road550 m
  • Harris Green604 m
  • Pioneer Square · 1030 Quadra Street610 m
  • Rupert Terrace Green · 850 Quadra Street694 m
  • Law Courts Green701 m

Shopping (1)

  • London Drugs603 m

Gyms (2)

  • Victoria Fitness · 1029 View Street468 m
  • Forge Gym669 m

Pharmacies (4)

  • Victoria Compounding Pharmacy · 1089 Fort Street321 m
  • Rexall430 m
  • Cridge Pharmacy532 m
  • View Street Pharmacy · 867 View Street748 m

Banks & ATMs (1)

  • Localcoin Bitcoin ATM487 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($530,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,120,000.00
Periodic payment — Principal & Interest (monthly)$13,677.52
Additional monthly expenses (strata, tax, utilities, etc.)$1,085.09
Total monthly cost$14,762.61
Interest paid over 5-yr term$607,598.09
Balance at end of term$1,906,946.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$530,000
Stress test qualifying rate8.09%
Payment you must qualify for$16,302.06

Cash Needed at Closing

Minimum down payment$530,000
Estimated BC PTT$57,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$589,000

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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