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
157 Cherry Tree Lane
Campbell River
V9W 8E9
$575,000
Residential
beds: 2
baths: 2.0
1,261 sq. ft.
built: 2004
- Status:
- Sold
- Sold Date:
- Jul 21, 2025
- Sold Price:
- $575,000
- Sold in:
- 60 days
- Prop. Type:
- Residential
- MLS® Num:
- 1000643
- Bedrooms:
- 2
- Bathrooms:
- 2
- Year Built:
- 2004
Welcome to Cherry Tree Lane in the heart of Willow Point! This rare stand-alone rancher is less than a block from the ocean and the scenic Seawalk. Featuring 2 bedrooms, 2 bathrooms, a dedicated dining area, and open concept living with a cozy gas fireplace, this home is filled with natural light. The generously sized primary suite includes ample closet space and a 3-piece ensuite. Meticulously maintained with pride of ownership throughout. The crawl space offers tons of storage. The sunny, low-maintenance backyard includes a covered patio with roll-down shades and a garden shed. Cherry Tree Lane is a 55+ pet-friendly bare land strata with low strata fees. Located just blocks from Willow’s Market & Garden Centre, restaurants, shopping, medical offices, and with a bus stop right across the street, this is coastal living at its most convenient.
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 2004 (Age: 21)
- Living Area:
- 1,261 sq. ft.
- Listing General Location:
- CR Willow Point, Campbell River
- Bedrooms:
- 2
- Bathrooms:
- 2.0 (Full:-/Half:-)
- Lot Size:
- 0.09 sq. ft.
- Kitchens:
- 1
- Home Style:
- Patio Home
- Taxes:
- $4,133.45 / 2024
- Construction:
- Frame Wood
- New Construction:
- No
- Basement:
- Crawl Space
- Foundation:
- Concrete Perimeter
- Roof:
- Asphalt Shingle
- Levels:
- 1
- Number of Storeys:
- 1
- Other Structures:
- Storage Shed
- Floor finish:
- Mixed
- Total Building Area:
- 1,490 sq. ft.
- Total Unfinished Area:
- 229 sq. ft.
- # Bedrooms or Dens Total:
- 2
- # Main Level Bedrooms:
- 2
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 2
- # 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:
- 1,261 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 1
- Fireplace Details:
- Gas
- Laundry Features:
- In House
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Additional Accommodations:
- None
- Cooling:
- None
- Heating:
- Baseboard, Electric
- Fireplace:
- Yes
- Pending Date:
- Jun 20, 2025
- Date Sold:
- Jul 21, 2025
- Dishwasher, Dryer, Freezer, Oven/Range Electric, Range Hood, Refrigerator, Washer
- Dining Room
- Insulated Windows
- Deck/Patio, Private Garden, Separate Storage
- Ground Level
- 55
- One person over 55, exception a spouse who has not reached 55 and guests
- Cats OK, Dogs OK, Number Limit, Size Limit
- See Bylaws
- Yes
- No
- No Rentals
- As per BC legislation
- Floor
- Type
- Size
- Other
- Main Floor
- Bedroom - Primary
- 13'2" × 11'7"
- Main Floor
- Laundry
- 9'7" × 4'11"
- Main Floor
- Bedroom
- 12'1" × 9'6"
- Main Floor
- Living Room
- 15'6" × 13'2"
- Main Floor
- Kitchen
- 11' × 10'10"
- Main Floor
- Dining Room
- 16'7" × 8'6"
- Main Floor
- Eating Nook
- 13'2" × 7'9"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 3
- 5'3" x 7'5" 3-Piece
- Main Floor
- No
- 4
- 4'11" x 9'10" 4-Piece
- Financing Notes:
- Coop Brok Fee = 3.5%/$100K + 1.5%/$700K + 1%/B with physical introduction only, otherwise $1,000
- Assessed:
- 542000.0
- Assessment year:
- 2025
- Association Fee:
- $160.00
- Association Fee Frequency:
- Monthly
- Association Fee Year:
- 2025
- Jurisdiction name:
- City of Campbell River
- Legal Description:
- STRATA LOT 5, PLAN VIS4870, DISTRICT LOT 222, COMOX LAND DISTRICT, TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM 1 OR V, AS APPROPRIATE
- Zoning:
- R-I
- Accessibility:
- Accessible Entrance, Ground Level Main Floor, Primary Bedroom on Main, Wheelchair Friendly
- Legal Non-Conformance:
- No
- Units in Building:
- 18
- Units in Community:
- 18
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 1
- 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
- Exposure / Faces:
- North
- Layout:
- Rancher
- Lot Site Features:
- Adult-Oriented Neighbourhood, Central Location, Family-Oriented Neighbourhood, Landscaped, Marina Nearby, Quiet Area, Recreation Nearby
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 1
- Garage:
- Yes
- Parking Features:
- Garage
- Total Parking Spaces:
- 2
- Road Surface Type:
- Paved
- Lot Parking Spaces:
- 1
- Date Listed:
- May 22, 2025
-
Patio home with single car garage -
Photo 2 of 34
-
Photo 3 of 34
-
Photo 4 of 34
-
Photo 5 of 34
-
Photo 6 of 34
-
Photo 7 of 34
-
Photo 8 of 34
-
Photo 9 of 34
-
Photo 10 of 34
-
Photo 11 of 34
-
Photo 12 of 34
-
Photo 13 of 34
-
Photo 14 of 34
-
Photo 15 of 34
-
Photo 16 of 34
-
Photo 17 of 34
-
Photo 18 of 34
-
Primary bedroom
-
3 piece ensuite and walk in closet
-
Photo 21 of 34
-
Second bedroom
-
Photo 23 of 34
-
Photo 24 of 34
-
Main bathroom - 4 piece
-
Laundry room
-
Sunny backyard
-
Low maintenance
-
Photo 29 of 34
-
Photo 30 of 34
-
Shed
-
Photo 32 of 34
-
Photo 33 of 34
-
Photo 34 of 34
To access this listing,
please create a free account
please create a free account
Listed by Royal LePage Advance Realty, sold on July, 2025
Data was last updated October 17, 2025 at 10:05 PM (UTC)
- 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.