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
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Lot 13 Clark Rd in Sooke: Sk Otter Point Land for sale : MLS®# 997877
Lot 13 Clark Rd Sk Otter Point 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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222 6596 Baird Rd in Port Renfrew: Sk Port Renfrew Townhouse for sale (Sooke) : MLS®# 1002103
222 6596 Baird Rd Sk Port Renfrew Port Renfrew V0S 1K0 $600,000Residential- Status:
- Active
- MLS® Num:
- 1002103
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 800 sq. ft.74 m2
Welcome to #222 – a stunning oceanview retreat in Wild Coast Cottages! Watch eagles from your deck, cozy up by the gas firepit, or soak in sweeping views of the bay, mountains, and rainforest. This 2-bed, 1-bath getaway sleeps 6, is pet-friendly, and comes with Starlink high-speed internet — perfect for streaming or remote work. Gourmet kitchen with gas stove and high-end appliances. EV-ready with 240V outlet. Just a short walk to the marina, pub and beaches. Explore iconic spots like Botanical Beach, Avatar Grove, and nearby trails. Storm watching, fishing, hiking, or simply relaxing — this is West Coast magic at its finest. Comes fully furnished and turn-key ready, making it an ideal vacation home, income property, or weekend getaway. With unmatched natural beauty, strong community spirit, and modern comforts, this is the kind of place you’ll never want to leave. You'll be Hooked! More detailsListed by RE/MAX Camosun- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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110 2899 River Rd in Chemainus: Du Chemainus Townhouse for sale (Duncan) : MLS®# 1006771
110 2899 River Rd Du Chemainus Chemainus V0R 1K0 $600,000Residential- Status:
- Active
- MLS® Num:
- 1006771
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,812 sq. ft.168 m2
Welcome to this thoughtfully designed collection of modern lifestyle townhomes in the heart of Chemainus. Tucked away in a serene, natural setting with a protected backdrop just moments from every convenience, these brand-new homes offer the perfect blend of tranquility & accessibility. Step inside & experience comfort at its finest. This beautiful 3 bed, 3 bath unit offers 1812 sq.ft of well designed living space. Enjoy the warmth of heated ensuite floors, the elegance of quartz countertops & the cozy ambiance of an electric fireplace. Designed for effortless living, this home includes a walk-in crawl space, plus an energy-efficient gas furnace & tankless gas hot water. A 50-year metal roof & new home warranty provide lasting peace of mind. The spacious tandem garage accommodates two vehicles, or could easily be transformed into additional living space or a fantastic home gym. More detailsListed by eXp Realty (DU)- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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765 8th Ave in Campbell River: CR Campbell River Central Single Family Residence for sale : MLS®# 1011655
765 8th Ave CR Campbell River Central Campbell River V9W 4A7 $600,000Residential- Status:
- Active
- MLS® Num:
- 1011655
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 2,397 sq. ft.223 m2
Welcome to 765 8th Ave, Campbell River! This 4-bed, 2-bath home sits on a .50-acre lot zoned for a fourplex, making it ideal for builders or investors. The home is solid but does need a new perimeter drain (approx. $20,000) and some TLC — which is reflected in the price. Inside you’ll find a bright layout, lower-level family room, bedroom, den, and a workshop with exterior access. Outside offers mature gardens, two porches, dual driveways, and a carport. With 5% down, you could build equity quickly — in 5 years you’ll have paid down approx. $68,000 in principal, plus the potential for appreciation on this large in-town lot. More detailsListed by eXp Realty (CR)- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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7 6078 Truesdale St in Duncan: Du West Duncan Townhouse for sale : MLS®# 1011133
7 6078 Truesdale St Du West Duncan Duncan V9L 0B4 $600,000Residential- Status:
- Active
- MLS® Num:
- 1011133
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,770 sq. ft.164 m2
This updated townhouse combines modern style with everyday convenience. The main level features vaulted ceilings, a cozy gas fireplace with custom mantel, and a primary bedroom for easy main-floor living. The kitchen is both stylish and functional with a white tiled backsplash, new counters, updated stainless steel appliances, and dark accents balanced by fresh green tones. Upstairs offers two bedrooms and a loft-style family room overlooking the main level, while a 6-foot crawl space spanning the entirety of the floorplan, provides excellent storage. Bathrooms and paint have been refreshed throughout, making the home move-in ready. Ideally located in Duncan, you’re within walking distance to coffee shops, restaurants, The Oak pub, grocery stores, soccer fields, and Mount Prevost Elementary school—all while being minutes from trails and Holmes Creek. This home is priced below assessed value. More detailsListed by Pemberton Holmes Ltd. (Dun)- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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9 Morgan Pl in Nanaimo: Na North Nanaimo Single Family Residence for sale : MLS®# 1012974
9 Morgan Pl Na North Nanaimo Nanaimo V9T 5B8 $600,000Residential- Status:
- Active
- MLS® Num:
- 1012974
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,542 sq. ft.143 m2
Sharply priced, bright & airy family home in North Nanaimo’s Malaspina Estates with treetop views! This standalone gem features a large front deck with distant ocean & mountain views + awning for year-round use. Inside, the open concept living space is filled with natural light from big windows. Covered entry opens to a spacious foyer; the pellet stove here efficiently heats the whole home. A few steps up to a large rec room with full bathroom & laundry room—perfect for teens, guests, or a home office. The next level showcases a stylish kitchen with concrete counters, pantry & newer stainless appliances. The top level has 2 good-sized bedrooms + a 2nd full bath with concrete vanity & storage. The fully fenced backyard boasts new sod, a rock wall & mature landscaping. Single garage provides storage. Low strata fees of $256! Family-friendly location near Hammond Bay French Immersion, Frank Ney Elementary, parks, daycares, transit, Piper’s Restaurant & the stunning beach of Pipers Lagoon! More detailsListed by REMAX Professionals- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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253 Mckinnon St in Parksville: PQ Parksville Single Family Residence for sale (Parksville/Qualicum) : MLS®# 1013564
253 Mckinnon St PQ Parksville Parksville V9P 1J1 $600,000Residential- Status:
- Active
- MLS® Num:
- 1013564
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 1,150 sq. ft.107 m2
Perfect for first-time buyers or savvy investors, this single-level, 3-bedroom, one-bathroom rancher offers solid bones and plenty of potential for updates and equity growth. Situated on a spacious ¼ acre lot, the home is centrally located in a desirable residential neighborhood close to schools, shopping, and amenities. A rare chance to secure a well-built home on a large lot in one of Vancouver Island’s most sought-after communities. Priced 36K below assessed value! More detailsListed by IRIS Properties- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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203 Cadboro Pl in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1002312
203 Cadboro Pl Na University District Nanaimo V9R 6J3 $599,999Residential- Status:
- Active
- MLS® Num:
- 1002312
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,382 sq. ft.128 m2
Welcome to this 3-bed, 2-bath rancher offering 1,390 sq ft of comfortable living and is located in Nanaimo’s sought-after University District. Inside, you’ll find an open dining room/living room layout with a cozy gas fireplace, perfect for relaxing evenings. The home sits on a treed, low-maintenance .19 acre lot in a peaceful, family-friendly neighborhood. Outside, enjoy the convenience of a carport with extra storage room and ample driveway space. Just minutes from Westwood Lake, Nanaimo aquatic center, Nanaimo Ice Centre, sports fields, and scenic trails—ideal for an active lifestyle. Explore nearby parks including Beban Park, Bowen Park, Colliery Park, for hiking, swimming, biking & disc golf. Check out Maffeo Sutton Park along the harbor, where local food trucks and ice cream shops make for a perfect afternoon. A fantastic opportunity for first-time buyers or retirees! More detailsListed by RE/MAX Ocean Pacific Realty (CX)- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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2 180 Second Ave in Qualicum Beach: PQ Qualicum Beach Mixed Use for sale (Parksville/Qualicum) : MLS®# 1009427
2 180 Second Ave PQ Qualicum Beach Qualicum Beach V9K 2T5 $599,988Commercial Sale- Status:
- Active
- MLS® Num:
- 1009427
Prime Downtown Qualicum Beach Office/Retail Space Exceptional opportunity to own premium commercial space in the heart of downtown Qualicum Beach. This modern, well-maintained and updated unit features private offices, a boardroom, reception area, kitchen area, 2 bathrooms, and air conditioning. Ideal for professional office use, retail, or wellness/recreational services. Located in a high-exposure area with courtyard-style frontage beside one of Qualicum's busiest restaurants, offering excellent foot traffic and visibility. Includes 4 parking stalls at the rear with lane access, plus ample public parking out front. Flexible zoning allows for a wide range of permitted uses. This is a rare chance to invest in a versatile and highly desirable downtown location More detailsListed by Royal LePage Parksville-Qualicum Beach Realty (PK)- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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2209 Mallory Dr in Port Alberni: PA Port Alberni Single Family Residence for sale : MLS®# 971700
2209 Mallory Dr PA Port Alberni Port Alberni V9Y 1A2 $599,900Residential- Status:
- Active
- MLS® Num:
- 971700
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 2,425 sq. ft.225 m2
Spectacular water views ! Hillside property in Cameron Heights. Watch the boats go by from this beautifully updated, spacious3 bedroom home on a quiet street with the finest harbor and mountain views in town. Large lot is over 1/4 acre New paved driveway. House has family room up and down, separate dining, spacious kitchen, woodstove in sitting area, outside deck area.. Freshly painted, new laminate flooring through main part of house. Alarm system.Yard is private, fully landscaped. Recently renovated downstairs, Garage is large enough for vehicle plus additional parking for motorcycles or ATV. House and lot size from BC Assessment, room sizes are approximate and must be verified by buyer if important. More detailsListed by RE/MAX Mid-Island Realty- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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24 3101 Herons Way in Duncan: Du West Duncan Townhouse for sale : MLS®# 984993
24 3101 Herons Way Du West Duncan Duncan V9L 6Z4 $599,900Residential- Status:
- Active
- MLS® Num:
- 984993
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,400 sq. ft.130 m2
Duncan's most coveted patio home community! Welcome to The Patio at Heron's Wood. Nestled in a parklike setting off Lane Road in Duncan. Conveniently located minutes to shopping, golf and all the amenities that Duncan has to offer. This home has 2 bedrooms plus a generously sized den, plus 2 bathrooms. Master bedroom has walk-in closet & ensuite. Hardiplank siding & fibreglass roof. Deluxe finishing, stylish paint colours, high end wood slat blinds, 3/4" solid red oak flooring, great floor plan all make this a wonderful unit! Natural gas fireplace & hot water. Pocket French doors to den. Private patio off kitchen. Small pets welcome. The roof is new and the attic has been remediated with more insulation and vents. All the gardening is done for you! More detailsListed by One Percent Realty Ltd.- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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406 924 Jenkins Ave in Langford: La Glen Lake Condo for sale : MLS®# 989977
406 924 Jenkins Ave La Glen Lake Langford V9B 2N7 $599,900Residential- Status:
- Active
- MLS® Num:
- 989977
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,007 sq. ft.94 m2
Introducing Park Place. A modern collection of 24 spacious residences now ready to occupy. Walk to EVERYTHING!! Incredible location on a quiet street surrounded by shopping including the brand-new Belmont Market, Westshore Town Centre, and Westhills. Suites feature something rare in today’s market...SPACE, averaging approx 1000 sq.ft. per 2-bed suite, with large sundecks, plus BONUS SOUND MITIGATION MEASURES for your quiet enjoyment. Inside you'll find thoughtful spacious designs including a beautiful kitchen with quartz countertops. birch plywood cabinets, under cabinet lighting & an upgraded stainless-steel appliance package. There’s a gorgeous FP, tiled entry & durable laminate wood flooring. The building features a welcoming tiled foyer, interior storage lockers & convenient fenced dog run play area, as well as secured parking with video surveillance security & ample secured bike storage. Some pets & rentals allowed. More detailsListed by RE/MAX Camosun- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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.