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Condos for Sale Victoria, BC under 500 000

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#306 490 Marsett Pl
SW Royal Oak Saanich V8Z 7G1

$499,999
Residential beds: 1 baths: 1.0 734 sq. ft. built: 1993

Manicured landscaping
Photo 1: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 2: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 3: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 4: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 5: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 6: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 7: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 8: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 9: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 10: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 11: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 12: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 13: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 14: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 15: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 16: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 17: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 18: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 19: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 20: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 21: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 22: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 23: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 24: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 25: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 26: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 27: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 28: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Photo 29: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
Status:
Active
Prop. Type:
Residential
MLS® Num:
1039827
Bedrooms:
1
Bathrooms:
1
Year Built:
1993
A rare find: a genuinely spacious 1-bedroom condo with room for a home office AND a separate dining area, plus an ultra-low strata fee of $303! This renovated 3rd-floor home welcomes pets too: 2 dogs allowed with no size or weight restrictions. The custom kitchen, smartly separated from the living space, offers a cook's-dream layout with newer appliances and a BBQ-friendly deck off the kitchen. Cozy up to the gas fireplace and enjoy the convenience of in-suite laundry and storage, plus secure underground parking and a separate storage locker. Steps to Commonwealth Pool and Broadmead Village's grocers, shops, and restaurants, with Beaver Lake's trails, swimming, and dog walks just a stroll away. Quick commutes downtown or to the airport round out an ideal location in a proactive, well-run strata. This one checks every box!
Property Type:
Residential
Type:
Condo Apartment
Year built:
1993 (Age: 33)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
734 sq. ft.
Listing General Location:
SW Royal Oak, Saanich West
Bedrooms:
1
Bathrooms:
1.0 (Full:-/Half:-)
Lot Size:
0 sq. ft.
Kitchens:
1
Home Style:
West Coast
Taxes:
Building Name:
Park Royal Place
Building Type:
Other Level
Building Features:
Transit Nearby
Construction:
Cement Fibre, Insulation: Ceiling, Insulation: Walls, Stone, Stucco & Siding
New Construction:
No
Basement:
None
Foundation:
Concrete Perimeter
Electricity:
Yes
Roof:
Asphalt Shingle, Membrane
Levels:
1
Number of Storeys:
4
Number of Buildings:
2
Ceiling Heights:
Floor finish:
Laminate
Total Building Area:
831 sq. ft.
Total Unfinished Area:
97 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
1
# Main Level Bedrooms:
1
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
734 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Balcony Area:
57 sq. ft.
Fireplaces:
1
Fireplace Details:
Gas, Living Room
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer Connected
Additional Accommodations:
None
Cooling:
None
Heating:
Baseboard, Electric, Natural Gas
Fireplace:
Yes
Warranty:
No
Pending Date:
Dishwasher, Dryer, Range Hood, Refrigerator, Washer
Dining Room
Vinyl Frames
Balcony
Elevator(s), Secured Entry, Street Lighting
Elk Lake Drive to Marsett, visitor parking
Balcony, Parking Stall, Separate Storage
Main Level
0
None.
Aquariums, Birds, Cats OK, Dogs OK, Number Limit, Size Limit
See bylaws! up to 2 dogs & 1 cat
Yes
Only propane and electric.
Yes
No smoking.
Unrestricted
See bylaws, confirm if short term is allowed.
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
Main Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Association Fee Includes:
Trash, Gas, Maintenance Grounds, Maintenance Structure, Property Management, Recycling, Sewer, Water
Association Fee Year:
2026
Jurisdiction name:
District of Saanich (SD63)
Legal Description:
Zoning:
RA-3
Accessibility:
Accessible Entrance, No Step Entrance, Primary Bedroom on Main, Wheelchair Friendly
Bed and Breakfast:
None
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Owner
Property Condition:
Resale, Updated/Remodeled
Utilities:
Cable Connected, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected, Recycling
Exposure / Faces:
North
Layout:
Condo
Lot Site Features:
Central Location, Corner Lot, Easy Access, Landscaped, Level, Park Setting, Private, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk, Wooded
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Guest, Underground
Total Parking Spaces:
1
Road Surface Type:
Paved
Common Parking Spaces:
1
LCP Parking Spaces:
0
Lot Parking Spaces:
0
Rent Includes:
Cable TV
Total Units:
Date Listed:
Jun 10, 2026
Original Price:
499999.0
  • Photo 1: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
    Manicured landscaping
  • Photo 2: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
    Living Room
  • Photo 3: #306 490 Marsett Pl in Saanich: SW Royal Oak Condo for sale (Saanich West)  : MLS®# 1039827
    Renovated kitchen
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Listed by Engel & Volkers Vancouver Island
Data was last updated July 9, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
42
Avg list price:
$862,500
Min list price:
$365,000
Max list price:
$1,550,000
Avg days on market:
31
Min days on market:
2
Max days on market:
148
Avg price per sq.ft.:
$636.81
These statistics are generated based on the current listing's property type and located in SW Royal Oak. Average values are derived using median calculations. This data is not produced by the MLS® system.

Condos for sale Victoria BC under 500 000


Victoria, British Columbia is a city that offers an exceptional quality of life. With its mild climate, stunning natural beauty, and thriving arts and culture, it's no wonder so many people are attracted to this city. When you're in the Victoria condo market, you'll find a wide variety of options available to suit every budget and lifestyle. In this article, we take a closer look at his $400,000 to $500,000 apartment listings in Victoria, British Columbia.

A popular option in this price range is the Mondrian, a sleek, modern hotel in the heart of downtown Victoria. Mondrian's one and two bedroom units feature open floor plans, large windows and quality finishes. In-building amenities include a fitness center, secure underground parking and a rooftop terrace with stunning city views.

Another option in this price range is the Escher, a luxury hotel located right on Victoria's Inner Harbour. Escher's units feature contemporary finishes, gourmet kitchens, and spacious balconies with stunning city and sea views. In-building amenities include a fitness centre, a shared lounge and a rooftop terrace with barbecue facilities. For those looking for a more suburban feel, the RailYards development in Victoria's Selkirk area may be a good choice. Units in this development range from one to three bedrooms and feature cathedral ceilings, gourmet kitchens and in-suite laundry facilities. The development also has a communal garden, bike storage and underground parking.

Another option in this price range is Corazon, a boutique property in Victoria's charming Cook Street Village. Corazon units feature spacious floor plans, quality finishes and balconies with stunning views of the surrounding area. In-building amenities include secure underground parking and a rooftop terrace with BBQ area.

For those looking for a more affordable option, the Astoria is a luxury hotel in the heart of downtown Victoria. Astoria units range from studios to two bedrooms and feature functional floor plans, large windows and private laundry facilities. The building also features a fitness center, sauna and hot tub.

These are just a few of his $400,000 to $500,000 housing options in Victoria, British Columbia. Other popular properties in this price range are Janion, Union and Angkor.

When buying a condo in Victoria, it's important to work with a knowledgeable real estate agent to guide you through the process and help you find the perfect home for your needs and budget. Agents can help narrow down your search based on factors like location, amenities, and price, and even help you navigate the complicated process of buying a condo in Victoria.

All in all, with stunning natural beauty, a vibrant arts and culture scene, and an exceptional quality of life, Victoria is a city that really has it all. Whether you're a first-time homebuyer, a downsizer, or an investor, there are plenty of great condos in this desirable city. 

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.