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Historic 8-Unit Apartment Building
For Sale
$2,650,000

1171 Rockland Ave, BC

Victoria, BC

Property Size4,817 SF
Price / SF$550.13
Days on Market59

Property Features for 1171 Rockland Ave

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 8
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 1, Bedroom 4, Bedroom 6, Bedroom 5, Bedroom 8, Bedroom 3, Bedroom 7, Bedroom 2
Standard status Active
Size 4,817 SF

Amenities

secure bike storage
additional tenant storage

Building Details

Year built 1908
Listing Agency: Engel & Volkers Victoria Oak Bay · Engel & Völkers
Listed By: Craig Barkway
Added: Jun 25 Changed: Aug 20 Last Checked: Aug 22 at 7:06AM
MLS# 1036083

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This historically designated apartment property was built in 1908 and contains 8 legal suites, including studios and one- and two-bedroom layouts. Renovations completed with permits included kitchens, bathrooms, plumbing, painting, and a 400 AMP electrical service with individual meters. The building also has a 40-year roof installed in 2011, a remotely monitored fire sprinkler system added in 2020, and irrigated low-maintenance landscaping.

The property is located on Rockland Ave in Victoria, BC, within walking distance of Cook Street, Downtown Victoria, Beacon Hill Park, shops, restaurants, and other amenities. Transit is steps away. On-site features include two parking spaces, secure bicycle storage, tenant storage, and commercial laundry machines scheduled for installation in June 2026. Rental history includes low vacancy rates.

Key Highlights

  • 8 legal suites with studio, one‑bedroom, and two‑bedroom layouts
  • Historically designated property built in 1908
  • 400 AMP electrical service with individual meters

Property Analytics

Current Use

Apartment buildings

Lease Details

8
Residential units
Yes
Sprinkler system

Market

Vacancy Rate% for Multifamily in the U.S.

7.1% 2022
8.3% 2023
9.3% 2024
9.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight permitted suites combine updated systems with preserved historic character in a walkable Victoria setting.
Where is this apartment building located?
The property is located at 1171 Rockland Ave BC.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 8 legal suites with studio, one‑bedroom, and two‑bedroom layouts; Historically designated property built in 1908; 400 AMP electrical service with individual meters
More about this property
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