Ready to find your dream home? Browse our latest listings for houses under $500,000 in Victoria, BC, or contact us to schedule a consultation. Your ideal home is just a few clicks away!
Houses for Sale in Victoria, BC Under $500,000
All Victoria BC Real Estate for Sale $500K-$600K
All Victoria BC Real Estate for Sale $500K-$600K
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1498 Carrington Bay Rd in Cortes Island: Isl Cortes Island Single Family Residence for sale (Islands) : MLS®# 952681
1498 Carrington Bay Rd Cortes Island V0P 1Z0 
$600,000Residential- Status:
- Active
- MLS® Num:
- 952681
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,900 sq. ft.
This charming family home provides ample space both indoors and outdoors, nestled on a picturesque property with a year-round stream. It boasts four bedrooms, along with an additional delightful bonus bedroom for the kids, and a cozy family room – all conveniently located on the lower level alongside a bathroom. The main level features a spacious open-plan dining/living room area, ensuring plenty of room for family gatherings and guests to enjoy. A sizable sundeck adds to the appeal of this abode. Attached to the home is a shop and carport with a concrete floor, providing ample space for dry storage and various projects. The property itself is adorned with mature fruit trees, a wonderful garden area. Located near the ferry, post office, store, and docks, the home enjoys a prime location with easy access to amenities. Moreover, it is conveniently situated near the beautiful trails of the Whaletown Commons Property. More detailsListed by RE/MAX Check Realty- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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Lot 13 Clark Rd in Sooke: Sk Otter Point Land for sale : MLS®# 979047
Lot 13 Clark Rd Sooke V9Z 0K5
$600,000Residential- Status:
- Active
- MLS® Num:
- 979047
Properties are Registered!! Welcome to Banner Heights, Sooke's newest large acreage subdivision where a 10+/- acre parcel of land awaits your dream home. Drilled wells are already in place (Lot 13 produces approximately 3 US GPM), hydro connection at the property line, and approved septic sites. Forestry Zone - AF allows a single-family dwelling and one additional secondary suite or one detached accessory suite. Choose your ideal building site amidst the sprawling landscape, each offering breathtaking views of the surrounding scenery. The possibilities are endless whether you envision a cozy retreat or a grand estate. Located within a short stroll to world-renowned hiking, beaches, fishing, and surfing and approximately 10 minutes from Sooke's Town Core, Schools, and bus route. Call to book your private viewing today! More detailsListed by Maxxam Realty Ltd.- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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Lot 9 Seymour Rd in Gabriola Island: Isl Gabriola Island Land for sale (Islands) : MLS®# 980511
Lot 9 Seymour Rd Gabriola Island V0R 1X6
$600,000Residential- Status:
- Active
- MLS® Num:
- 980511
Spectacular south-facing ocean views await on this gorgeous 3.75-acre property on Gabriola Island! A picturesque, winding driveway guides you to a cleared area with stunning vistas of Pyaldes Channel, nearby islands, and Vancouver Island’s coastline—an ideal setting for your future dream home. The property has a well and an insulated outbuilding equipped with a pressure tank, hot water tank, 200amp service, plus an outdoor shower for added convenience. With excellent southern exposure, this acreage is well-suited for exploring solar power options. The building site is already cleared on the south-facing ocean view ridge and septic system is installed, making it even easier to start planning your island retreat. If you’re envisioning life on a Gulf Island with breathtaking ocean views, this is a property you won’t want to miss. Buyer to verify all details if deemed important. More detailsListed by Royal LePage Nanaimo Realty Gabriola- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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9965 Chemainus Rd in Chemainus: Du Chemainus Half Duplex for sale (Duncan) : MLS®# 985163
9965 Chemainus Rd Chemainus V0R 1K0
$600,000Residential- Status:
- Active
- MLS® Num:
- 985163
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,129 sq. ft.
Available for May occupancy. This 2016 2 bedroom plus den home is built with quality foremost in mind. From the Cedar post and beam entry to the indirect lighting details and open space entertaining plan, this home was built for comfort and enjoyment. Other features include a separate den that could be used as a guest bedroom, large walk-in master closest, custom tile & glass ensuite shower unit, kitchen island with pendant lighting & single car garage. Built with Pride by Phoenix West and backed by the remainder of the 10 year warranty. More detailsListed by One Percent Realty Ltd.- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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1090 Trunk Rd in Duncan: Du East Duncan Single Family Residence for sale : MLS®# 983960
1090 Trunk Rd Duncan V9L 2S5
$600,000Residential- Status:
- Active
- MLS® Num:
- 983960
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,183 sq. ft.
This beautifully updated 3 bed, 2 bath home with an attached double garage is located just minutes from town, walking trails, parks & all of your daily amenities. Situated in a family friendly neighbourhood on a no-through road - accessed from Lomas Rd, this property offers you a convenient lifestyle with access to everything within walking distance. This move-in ready home features new exterior & interior paint, new vinyl flooring, new light fixtures, updated bathrooms & kitchen, newer hot water tank & vinyl windows. Designed for versatility, the well-thought-out layout works great for families but also for a roommate situation, or a home-based business with the pleasant separation of the third bedroom & second bathroom. The heated garage provides year-round comfort & ample storage, while the fully fenced yard with a private patio is ideal for pets, kids & entertaining. Plus it has plenty of parking. The zoning also allows for up to four units with 50% lot coverage - buyer to verify. More detailsListed by eXp Realty (DU)- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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1102 845 Johnson St in Victoria: Vi Downtown Condo for sale : MLS®# 991622
1102 845 Johnson St Victoria V8W 0G3
$600,000Residential- Status:
- Active
- MLS® Num:
- 991622
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 762 sq. ft.
Save HUNDREDS on your mortgage payment on a few remaining units in this downtown steel and concrete building. The AHOP program through BC Housing enables buyers with limited incomes and low down payments to purchase these units with the help of a second mortgage that is interest and payment free. This keeps your payments low, often less than comparable rent, and helps you avoid costly mortgage insurance. The VIVID is located in the heart of downtown which makes it possible to walk to just about everything. The near new units are bright and modern with slick finishing and appliances, and already have the GST paid. 1102 specifically is a bright SE. facing corner unit with lots of sunlight plus city and ocean views. Parking included. The community building environment of Vivid features roof top bbqs, kid and dog play areas plus garden plots. Purchasers must meet income and residency requirements. All meas. are approx. . Additional info and video at the link below. Immediate possession. More detailsListed by Sotheby's International Realty Canada- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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204 4040 Borden St in Saanich: SE Lake Hill Condo for sale (Saanich East) : MLS®# 991813
204 4040 Borden St Saanich V8X 2E9
$600,000Residential- Status:
- Active
- MLS® Num:
- 991813
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 749 sq. ft.
Bright corner unit at the Brix! Extraordinary opportunity to live in one of the most sought-after areas, known for its beauty&abundance of parks. Multiple windows invite in the natural light- enhanced by the 9ft ceilings. The spacious kitchen features stunning Macassar Ebony cabinetry, quartz countertops&le storage, flowing seamlessly into a dining area. Unwind in the living room, complete w/an electric fireplace for added ambiance. Step outside onto the large patio, perfect for BBQs. Bedrooms on opposite ends, making it ideal for roommates, home office, or other arrangements. Primary captures the evening light w/ a lrg closet. The bthrm offers plenty of under-sink storage&a deep tub/shower combo. Addl features- in-suite laundry, designated parking, bike rack&storage. The Brix is a well-managed, pet& family friendly building. Steps from Saanich Centre’s for all urban amenities, the Lochside Trail for commuting, bus routes, UVIC&all levels of schools. More detailsListed by Sotheby's International Realty Canada- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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1094 Nagle St in Duncan: Du West Duncan Single Family Residence for sale : MLS®# 991855
1094 Nagle St Duncan V9L 2E5
$600,000Residential- Status:
- Active
- MLS® Num:
- 991855
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,015 sq. ft.
Charming 2 bed + den bungalow with endless potential! Nestled at the end of a quiet street just minutes from town, this home offers spacious living with just a little TLC needed to make it the perfect family home. The property is ideally positioned to overlook the fully fenced yard with views. Current owner has updated the windows, flooring, cabinets, & much more. You’ll find a warm and inviting living & dining area. While the fireplace has been temporarily closed off it has potential to be used for wood burning. Glass doors lead to a den, perfect for an office or potential 3rd bedroom. Kitchen has been partially updated, featuring new butcher block countertops, a gas range, & stainless steel appliances on one side, while the other side is ready for your finishing touches. The primary bedroom includes an ensuite with a shower, & a closet. Additional updates include LG smart controls, a new washer & dryer, a roof replacement in 2021, a new water heater in 2024, & a 2023 heat pump. More detailsListed by RE/MAX Generation - The Neal Estate Group- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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931 Cavell St in Duncan: Du West Duncan Single Family Residence for sale : MLS®# 993787
931 Cavell St Duncan V9L 1Y5
$600,000Residential- Status:
- Active
- MLS® Num:
- 993787
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 788 sq. ft.
Move-in ready 2-bedroom, 1-bathroom home located on a quiet street just off Cairnsmore. Recent updates include LeafFilter gutters (2023), a heat pump with baseboard backup, and a new roof by the Roof Doctor (2019). Solar panels with one inverter and optimizer were added in 2021 to improve energy efficiency. The home also features updated windows (circa 2015) and includes essential appliances: washer, dryer, fridge, and stove. A detached 12' x 24' garage offers additional storage or workshop space. The fully fenced backyard provides privacy and security. Enjoy the convenience of being within walking distance to downtown amenities. More detailsListed by One Percent Realty Ltd.- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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Unit 8 Allenby St in Saanich: SE Camosun Townhouse for sale (Saanich East) : MLS®# 994129
Unit 8 Allenby St Saanich V8R 4T8
$600,000Residential- Status:
- Active
- MLS® Num:
- 994129
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 592 sq. ft.
**PRESALE EXCLUSIVE** Welcome to Folk! This beautifully designed 1-bed townhome features a bright open-concept layout, high-quality finishes & backyard off the kitchen and living room. Located in a quiet residential community just minutes from Willows Beach, Oak Bay Village & Allenby Park, Folk is perfect for those who value walkable, bikeable, and eco-friendly living. Enjoy a best-in-class bike garage with room for all your bikes—including cargo bikes!—& a shared electric vehicle at your doorstep, providing low-cost transportation. Nestled among trees with thoughtful landscaping, Folk is your urban sanctuary. Secure exclusive presale pricing during this limited release (price + GST) & embrace a sustainable lifestyle designed to foster connection and community. Ground level-living with a private backyard and built to “adaptable design” standards, this one-of-a-kind home is perfect for seniors to age-in-place, people with mobility limitations, or gardening lovers. Move in this November! More detailsListed by Coldwell Banker Oceanside Real Estate- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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509 Third St in Nanaimo: Na University District Single Family Residence for sale : MLS®# 987743
509 Third St Nanaimo V9R 1W7
$599,999Residential- Status:
- Active
- MLS® Num:
- 987743
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,700 sq. ft.
Attention Investors, Developers or DIYer’s!. This central location is the starting point of your next home or project in the heart of Nanaimo’s University District. The home offers 5 bedrooms, two bathrooms and a generous living room spanning the 1700sqft split level home. It sits on a large 7534 sqft corner lot with alley access. Opportunity awaits with the COR1 zoning. Walking distance to Vancouver Island University, the Aquatic Center, Ice Center, Sports Fields, NDSS high school & Georgia Avenue elementary. Enjoy all the restaurants and shops that downtown has to offer. All measurements and data are approximate and to be verified by a buyer. As is Where is Sale. More detailsListed by Royal LePage Nanaimo Realty (NanIsHwyN)- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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3564 11th Ave in Port Alberni: PA Port Alberni Single Family Residence for sale : MLS®# 988537
3564 11th Ave Port Alberni V9Y 4Y7
$599,999Residential- Status:
- Active
- MLS® Num:
- 988537
- Bedrooms:
- 6
- Bathrooms:
- 3
- Floor Area:
- 2,700 sq. ft.
This charming up-and-down duplex offers two spacious 3-bedroom suites, each featuring bright, open kitchens, a dining area, and roomy living rooms with cozy wood fireplaces. The upper suite boasts a covered front deck, perfect for savoring your morning coffee while taking in the mountain views. Both suites provide access to a private, fully fenced backyard with convenient alley access. The recently renovated downstairs suite adds modern comfort to the home. Conveniently located near schools, shopping centers, restaurants, and recreational facilities, this property is a fantastic opportunity for both homeowners and investors to enter the market and generate additional income. Don’t miss out on this amazing chance! All measurements are approximate and must be verified if important. More detailsListed by RE/MAX of Nanaimo - Dave Koszegi Group- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
Data was last updated April 13, 2025 at 12:05 PM (UTC)
Affordable Houses for Sale in Victoria, BC Under $500,000
Are you looking for affordable real estate options in Victoria, BC? While the housing market in British Columbia can be competitive, finding homes under $500,000 is still possible. Explore the best options for condos, townhouses, and smaller homes that fit your budget.
Discover Budget-Friendly Homes in Victoria, BC
Victoria offers a diverse range of properties perfect for first-time buyers, investors, or those seeking affordable housing. Here are some examples of what you might find in this price range:
- Condos: Compact and efficient spaces located near downtown and major amenities.
- Townhouses: Ideal for families or individuals who need a little extra space.
- Pre-Construction Opportunities: Secure your home at today’s prices with developments planned for the future.
Why Choose Victoria for Affordable Housing?
Victoria is known for its beautiful landscapes, thriving communities, and excellent quality of life. Living here means you’ll enjoy:
- Proximity to the Pacific Ocean and outdoor recreation.
- A vibrant cultural scene with local restaurants, cafes, and festivals.
- Access to top-rated schools and healthcare facilities.
Tips for Finding Houses Under $500,000 in Victoria
- Work with a Local Real Estate Expert: A knowledgeable realtor can help identify the best deals.
- Explore Emerging Neighborhoods: Areas slightly outside the city center often offer more affordable options.
- Consider Smaller Properties or Fixer-Uppers: These can provide excellent value for your money.
Frequently Asked Questions
Q: Are there single-family homes available under $500,000 in Victoria?
A: Single-family homes in this price range are rare, but condos and townhomes are widely available.
Q: What are the best neighborhoods for affordable housing?
A: Consider areas like Langford, Esquimalt, or Colwood for more budget-friendly options.