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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Lot 13 Clark Rd in Sooke: Sk Otter Point Land for sale : MLS®# 997877
Lot 13 Clark Rd Sooke V9Z 0K5 
$600,000Residential- Status:
- Active
- MLS® Num:
- 997877
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 1 Otter Point Rd in Sooke: Sk Otter Point Land for sale : MLS®# 1011670
lot 1 Otter Point Rd Sooke V9Z 0K2
$600,000Residential- Status:
- Active
- MLS® Num:
- 1011670
Welcome to a 2.49 acre opportunity in Otter Point, just ten minutes from Sooke’s town centre. Surrounded by farmland and classic West Coast scenery, this property offers a peaceful sense of space with room to create something truly special. Comprised of two separate titled lots, each with its own drilled well, the setting provides flexibility for a private family estate or a thoughtful long term investment. The property enjoys sunny southern exposure, features a seasonal creek within the common area, and backs directly onto Crown land with easy access to nearby trails and endless outdoor recreation. The sale includes engineer stamped building plans and a detailed pre construction report, offering a valuable head start for those looking to build. With much of the preliminary work already completed, this exceptional offering blends privacy, opportunity, and convenience, creating an ideal foundation for your Vancouver Island lifestyle. More detailsListed by RE/MAX Camosun- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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4970 Sooke Rd in Metchosin: Me Metchosin Land for sale : MLS®# 1020059
4970 Sooke Rd Metchosin V9C 4C1
$600,000Residential- Status:
- Active
- MLS® Num:
- 1020059
8.33 Acres of Natural Beauty – Trails, Creek & Endless Potential Discover the possibilities on this expansive 8.33-acre rural property, rich with mature trees, a meandering creek, and established walking trails throughout. The existing home is of little value, offering a clean slate for your vision—whether you plan to build a custom residence, create a private retreat, or hold for future development. Despite its frontage on a main travel artery, the property retains a peaceful, wooded feel with abundant privacy and nature at your doorstep. Purchase on its own or pair with the adjacent 1.69-acre parcel for a rare 10+ acre opportunity. Bring your ideas and explore this unique offering. More detailsListed by JKS Realty & Property Management- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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98 Beech St in Comox: CV Comox (Town of) Land for sale (Comox Valley) : MLS®# 1024995
98 Beech St Comox V9M 3W7
$600,000Residential- Status:
- Active
- MLS® Num:
- 1024995
View Lot. Tucked just a short stroll from the shoreline, this prime building lot offers an incredible opportunity to create your own coastal retreat in one of Comox’s most desirable neighbourhoods. Located only about a block from the beach, you can start your mornings with ocean air, sunset walks along the water, and the relaxed pace of true West Coast living. Level and easy to build on, this property provides a blank canvas for your vision, whether you’re planning a modern seaside home, a cozy cottage getaway, or a full-time residence designed around lifestyle and comfort. Services are nearby, making the building process straightforward and efficient. Enjoy the best of both worlds with quiet residential surroundings while still being minutes to the parks, golf, schools, and everyday amenities. Rarely does a location like this come available. Bring your plans and start building the life you’ve been waiting for. More detailsListed by Royal LePage Island Living (PK)- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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LOT A 7255 Aulds Rd in Lantzville: Na Upper Lantzville Land for sale (Nanaimo) : MLS®# 1025916
LOT A 7255 Aulds Rd Lantzville V0R 2H0
$600,000Residential- Status:
- Active
- MLS® Num:
- 1025916
Build the lifestyle you've always wanted on this expansive 1.98-acre lot in Upper Lantzville. This blank canvas offers endless possibilities to design your dream home all while enjoying a peaceful setting. The RU zoning allows for 2 full-size dwellings to be built or you could construct a home with a carriage house or a home with a secondary suite. With approval, two separate titled homes may be able to be built and home-based businesses are permitted. One well has already been drilled with an abundance of potable water & there is power to the property. This special lot was planned with 2 building sites on over an acre & the remainder has been protected as green "park space", making for a nice buffer from the neighboring homes. One key advantage in the district of Lantzville is the timely permit process! This is a prime location with the convenience of being just minutes from North Nanaimo’s shops, schools, and amenities. A truly unique opportunity to bring your vision to life. More detailsListed by 460 Realty Inc. (NA)- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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LOT 2 Old Scott Rd in Salt Spring: GI Salt Spring Land for sale (Gulf Islands) : MLS®# 1027562
LOT 2 Old Scott Rd Salt Spring V8K 2L6
$600,000Residential- Status:
- Active
- MLS® Num:
- 1027562
Set in one of the most sought-after neighbourhoods, this 1.79 acre property offers a rare opportunity to own a piece of true island tranquility. Located along quiet, picturesque country lane. Surrounded by old-growth forest and established fine homes, this southwest-facing property offers excellent sun exposure along with forest and ocean view potential. Old Scott Road is a long-time favourite for its serene coastal setting, and opportunities to acquire a blank canvas in this coveted area is rare. Despite its quiet, world-away feel, the property is just an approximate five-minute drive to the heart of Ganges Village, offering the perfect balance of seclusion and convenience. An exceptional opportunity exists to expand your vision, as the adjacent lot is also available for sale by the same seller—ideal for creating a larger estate, multi-generational retreat, or investment holding. Bring your architect and envision a custom home in one of Salt Spring’s most desirable locations. More detailsListed by Pemberton Holmes - Salt Spring- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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303 1450 Glentana Rd in View Royal: VR View Royal Condo for sale : MLS®# 1027907
303 1450 Glentana Rd View Royal V9A 2P8
$600,000Residential- Status:
- Active
- MLS® Num:
- 1027907
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 769 sq. ft.
Welcome to The Glenn, a modern, feel-good building perfectly placed in the heart of View Royal, where style meets everyday convenience. This newer home is filled with thoughtful upgrades, including wide-plank floors, quartz countertops, 9’ ceilings, sleek Samsung appliances, roller shades, and cozy NuHeat heated floors in the bathrooms (once you have them, you’ll never go back ). The building itself is just as impressive, with a gorgeous shared patio and fire pit for evenings with friends, EV charging, secure parking, bike and dog wash stations and private storage lockers. Step outside and you’re instantly connected to the best of the West Coast lifestyle, golf, hiking, biking, kayaking, shopping, restaurants, and schools are all moments away. Add in unrestricted rentals and pride of ownership from the original owners. This is a home that truly checks every box. 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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207 1618 North Dairy Rd in Saanich: SE Cedar Hill Condo for sale (Saanich East) : MLS®# 1027759
207 1618 North Dairy Rd Saanich V8T 3V5
$599,999Residential- Status:
- Active
- MLS® Num:
- 1027759
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 752 sq. ft.
**NEWS FLASH** This building allows large-breed dogs! This bright, north-facing 2 bedroom, 2-bathroom unit offers a lovely treed outlook from the open living room- kitchen layout and across the balcony. The kitchen has ample cupboards and a central island for extra counter space. The living room allows you several furniture placement options, a lovely fireplace and a lot of wall space for your precious artwork. The primary bedroom offers large closet, 3-piece ensuite (with walk-in shower) and good closet space while the second bedroom is large enough for guests, office space or den. The Amara, built in 2007, is professionally managed with no rental restrictions, features modern comforts in an ultra-convenient location near transit, Camosun College, St. Michael’s University, UVIC, Cedar Hill Golf Course, and all major amenities. One secure underground parking, separate storage, no pet size restrictions and ensuite laundry up-level the value. Don’t wait—book your showing today! More detailsListed by RE/MAX Camosun- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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6 515 Mount View Ave in Colwood: Co Hatley Park Townhouse for sale : MLS®# 1022957
6 515 Mount View Ave Colwood V9B 2B2
$599,990Residential- Status:
- Active
- MLS® Num:
- 1022957
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 975 sq. ft.
Don't miss this rare one level end unit townhome with two beds and two baths. The open floor plan makes the home feel very spacious, the skylights and large windows make it bright even on cloudy days it also has a lovely patio that is open to a large green space. Newer windows and heat pump help it stay cool in the summer and cozy in the winter. The complex is very neat and tidy and strata is well managed 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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230 Evergreen St in Parksville: PQ Parksville Single Family Residence for sale (Parksville/Qualicum) : MLS®# 1027323
230 Evergreen St Parksville V9P 2G7
$599,990Residential- Status:
- Active
- MLS® Num:
- 1027323
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 1,123 sq. ft.
A REAL GEM! Affordable 3 bedroom family home with sunny fenced yard. Perfect for family and pets! Great location on a quiet dead end street, a short walk to the Parksville Beach & Community Park, grocery stores, shopping, public transportation, and trails. Upgrades include newer Luxury Vinyl Flooring throughout, granite countertops, sinks, exterior paint, hot water heater tank (2024), attic insulation, front door and garage doors. Carport converted into garage. Other energy efficient features include gas fireplace on thermostat, heat pump A/C, double pane thermal windows. Gardeners paradise with beautiful flowering shrubs and perennials, garden beds, fruit & flowering trees. Large storage shed (potential workshop) and garden shed. More detailsListed by RE/MAX Anchor Realty (QU)- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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103 1629 Townsite Rd in Nanaimo: Na Central Nanaimo Office for sale : MLS®# 978035
103 1629 Townsite Rd Nanaimo V9S 1N3
$599,900Commercial Sale- Status:
- Active
- MLS® Num:
- 978035
Introducing a prime professional medical space in a prestigious building managed by Wall Contracting. This fully equipped office space is ideal for medical, legal, or engineering professionals seeking an almost ready-to-go workspace. The main floor features a spacious layout with a tile entrance for low maintenance. Main entrance with cathedral ceilings, and skylights for natural light. Includes a convenient 2-piece bathroom, an interview room, and kitchen area with cabinets. Upstairs, you'll find a fully finished level with a 3-piece bathroom complete with a shower. There are two offices, a common area or staff area, and two full kitchens with sink and hot water. The second floor also boasts an emergency exit, high-powered extraction fan. Additional amenities include ample parking available through the management company. Don't miss this opportunity to move into a turnkey office space designed to meet your needs. Contact us today for more information or to schedule a viewing. More detailsListed by Sutton Group-West Coast Realty (Nan)- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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176 Maracaibo Lane in Salt Spring: GI Salt Spring Land for sale (Gulf Islands) : MLS®# 1002023
176 Maracaibo Lane Salt Spring V8K 1S6
$599,900Residential- Status:
- Active
- MLS® Num:
- 1002023
One of the last undeveloped waterfront lots in Maracaibo Estates! Maracaibo is a community of West Coast inspired homes on a 530-acre peninsula among groves of arbutus, fir, & oak trees. This sunny and flat 5,650 sq. ft., waterfront lot features incredibly scenic ocean views up Long Harbour. Residents enjoy proximity to trails, beaches, and a 20+ acre community including a saltwater lagoon, clubhouse, guest cabins, tennis + pickleball + volleyball courts, private docks, plus kayaks, canoes & lasers. This incredible location offers its residents a friendly community immersed in nature nearby hobby farms, wineries, and just 5km to the shops, restaurants, and renowned Saturday farmers market in Ganges. Services are in place and multiple building plans are already available! More detailsListed by RE/MAX MASTERS- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
Data was last updated March 7, 2026 at 10:05 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.