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 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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504 91 Chapel St in Nanaimo: Na Old City Condo for sale : MLS®# 988439
504 91 Chapel St Nanaimo V9R 5H3
$600,000Residential- Status:
- Active
- MLS® Num:
- 988439
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 871 sq. ft.
Experience luxury living with breathtaking views in the heart of Nanaimo’s historic downtown. This West Coast-inspired suite features a spacious primary bedroom with a walk-in closet & spa-like 4-piece ensuite, soaring 10' ceilings & 16' retractable glass doors that flood the space with natural light. Premium finishes include a gas fireplace, a private patio & high-end KitchenAid stainless steel appliances with a gas stove and range. The chef’s kitchen showcases Caesarstone waterfall countertops, soft-close cabinetry & Grohe faucets, while motorized blinds provide effortless light control. Additional amenities include in-suite laundry, secure underground parking and storage, bike and paddleboard storage, and a communal courtyard with a firepit. Just steps from shops, cafés, restaurants, the seawall, marinas, and seaplane access to Vancouver, this home offers an unmatched urban lifestyle with the best of coastal living. All measurements and data are approximate; verify if important. More detailsListed by Oakwyn Realty Ltd. (NA)- 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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284 Mills St in Parksville: PQ Parksville Single Family Residence for sale (Parksville/Qualicum) : MLS®# 996887
284 Mills St Parksville V9P 1V9
$600,000Residential- Status:
- Active
- MLS® Num:
- 996887
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 944 sq. ft.
This solid Parksville home is brimming with potential. It sits on a large .23-acre city lot ideal for a future garden or outdoor living space. There is an existing 20 x 20 shop and a single-car garage providing ample space for projects or storage. There is plenty of room for a second dwelling/garden suite, offering the opportunity to create additional living space or generate rental income. The home itself has undergone several updates, including fresh paint throughout, newer flooring, and a newer kitchen. Additionally, recent upgrades include a 5 year old roof on the house and the shop, newer windows, new attic insulation and a newly installed water line, ensuring peace of mind and modern convenience. The location is unbeatable, with all amenities at your doorstep. Enjoy easy access to coffee shops, restaurants, grocery stores, the beach, and one of the Island’s best brewing companies—all within walking distance. Don’t miss out on this unique opportunity—reach out today! More detailsListed by 460 Realty Inc. (QU)- 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®# 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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1090 Trunk Rd in Duncan: Du East Duncan Single Family Residence for sale : MLS®# 997821
1090 Trunk Rd Duncan V9L 2S5
$600,000Residential- Status:
- Active
- MLS® Num:
- 997821
- 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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205 505 Cook St in Victoria: Vi Fairfield West Condo for sale : MLS®# 995487
205 505 Cook St Victoria V8V 3Y4
$600,000Residential- Status:
- Active
- MLS® Num:
- 995487
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,073 sq. ft.
Cook Street Village Living is Within Reach! This spacious 2 bed, 2 bath condo with IN-SUITE LAUNDRY features a large kitchen with abundant cabinetry and generous counterspace, perfect for preparing delicious meals. A private and quiet oasis on the east side of the building. The open flow from kitchen to dining and living rooms, with sliders to an east-facing deck, is perfect for entertaining. The primary bedroom offers a walk-in closet and 2-piece ensuite. Secure underground parking too! Live just 2 blocks from Cook Street Village, a short stroll to Moss Street Market, and minutes from Beacon Hill Park and the Dallas Road waterfront. A truly walkable gem in a prime location. Schedule your viewing today to experience coveted Cook Street Village living! More detailsListed by Royal LePage Coast Capital - Chatterton- 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
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2436 Otter Point Rd in Sooke: Sk Broomhill Half Duplex for sale : MLS®# 992543
2436 Otter Point Rd Sooke V9Z 0H9
$599,999Residential- Status:
- Active
- MLS® Num:
- 992543
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,979 sq. ft.
Why rent when you can own...Welcome Home, step into the natural slate tile entry, light pours into your living room from the huge picture windows bamboo floors and the cozy propane fireplace warm the space. The open concept kitchen/dining room with brand new floors lets you entertain with family and friends and leads out a sliding glass door to your private deck great for your BBQ. Upstairs are three large bedrooms including the primary with walk-in closet, sitting area, and 4-piece ensuite. Lower level includes a double garage for all your toys or a huge workshop or potential suite, great storage room for crafts and hobbies this home has space for everyone. From your back deck and up the stairs is a huge backyard ready for your outdoor projects plans. Book your showing today! More detailsListed by Pemberton Holmes - Sooke- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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807 1628 Store St in Victoria: Vi Downtown Condo for sale : MLS®# 992477
807 1628 Store St Victoria V8W 3K3
$599,999Residential- Status:
- Active
- MLS® Num:
- 992477
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 605 sq. ft.
BEST 1 Bedroom Waterfront View in The Pearl, looks directly at the Harbour from every window! One of the only 8th floor units with no one above, so essentially top floor and its on the end so only 1 neighbour. This contemporary condo offers the best downtown lifestyle in Victoria. From the moment you step inside, the thoughtful design, high-end finishes & 9ft ceiling will impress. The chef’s kitchen, complete with quartz countertops & seating, premium appliances & ample storage throughout. You'll enjoy the in suite laundry & efficient heat pump, one of a few buildings in Downtown offering AC. Finish your days on your large patio admiring the sunset over views of the Harbour. Pet-friendly strata with secure underground parking, separate storage, fitness facility & stylish resident lounge. Step out to enjoy world class dining & kilometers of waterfront walkways with a walk score of 97. This unit is being sold fully furnished. 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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306 3614 Richmond Rd in Saanich: SE Mt Tolmie Condo for sale (Saanich East) : MLS®# 994858
306 3614 Richmond Rd Saanich V8P 4R5
$599,999Residential- Status:
- Active
- MLS® Num:
- 994858
- Bedrooms:
- 1
- Bathrooms:
- 2
- Floor Area:
- 842 sq. ft.
Welcome to 306-3614 Richmond Road! This stylish 1-bedroom + den condo offers modern living in a prime location near the University of Victoria. Stepping inside, you’ll find an open layout with manufactured teak flooring and quality finishes throughout. The kitchen features stainless steel appliances, granite countertops, and ample cabinetry. The living area is warm and inviting, complete with an electric fireplace and access to a large deck—perfect for barbecuing and enjoying views of Cedar Hill and Mount Doug. The den provides extra space for a home office or additional storage, while the primary bedroom offers a cozy retreat. Carpet in Bedroom and den is new. A well-appointed bathroom and in-suite laundry add to the convenience. This well-maintained building includes secure underground parking and a roomy storage locker, with shops, cafés, and restaurants just a short walk away. Call The Neal Estate Group now to book your private viewing! More detailsListed by RE/MAX Generation - The Neal Estate Group- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
Data was last updated May 25, 2025 at 06:05 AM (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.