Property Description

The Laurels offers a rare opportunity to acquire one of Rockland’s distinctive landmark properties, a 16-suite heritage apartment building on an approximately 32,746 sq. ft. corner site. Built circa 1889–90 as a residence for Robert and Mary Ward, the Queen Anne mansion later served as two schools before being converted to apartments. The property includes five bachelor, seven one-bedroom and four two-bedroom suites, with shared laundry, storage and on-site parking. High ceilings, decorative millwork and a grand central staircase preserve much of the home’s original character. The expansive lawn fronting Rockland Avenue also offers potential future upside, with a subdivision application submitted exploring one or two smaller building lots while retaining The Laurels and substantial parking. Historically enjoying near-full occupancy, this is a unique opportunity to own an income-producing Rockland landmark with stable rental demand, long-term upside and an unbeatable location.

Property Details

  • Property ID:32261342
  • Price:$5,975,000
  • Property Type:Commercial Sale
  • Lot Size:32756.00 sq ft
  • Parking:25 spaces
  • Status:Active
  • City:Victoria
  • State/Province:BC
  • Postal Code:V8V 3X3
  • Listing Agent:Kane Ryan
  • Office:Pemberton Holmes Ltd.

Condition

  • 3 Bedrooms
  • 2 Bathroom
  • 1 Garage
  • 1 Balcony
  • 4800 sq ft
  • TV

Features

  • Air conditioning
  • Wifi
  • Swimming Pool
  • Double Bed
  • Balcony
  • Telephone
  • Garage
  • Parking
  • TV
  • Home Theater
  • Alarm
  • Garage
  • Gym
  • Electric Range
  • Private space

Floor Plans

Size Rooms Bathrooms
1600 3 2
floor-plans

Property Vedio

Property Location