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Houses for Sale in Victoria, BC Under $500,000
402 55 Dawes St
Nanaimo
V9S 1A2
$550,000
Residential
beds: 2
baths: 1.0
943 sq. ft.
built: 1968
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1008832
- Bedrooms:
- 2
- Bathrooms:
- 1
- Year Built:
- 1968
- Photos (70)
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PANORAMIC OCEAN and mountain VIEWS from every room! This bright 2-bedroom, 1-bathroom condo offers unparalleled, unobstructed views of the ocean from the living room, dining area, and both bedrooms—truly a rare find! Wake up to the sound of the waves and enjoy stunning sunsets right from your own home. You can even enjoy fireworks displays and watching the boats in the harbour. The open-concept living and dining space is flooded with natural light and flows effortlessly to a generous balcony—perfect for your BBQ and enjoying the view with a cup of coffee or glass of wine. The primary bedroom features 2 closets and the 2nd bedroom has a built-in Murphy Bed for guests. This is coastal living at its finest, whether you're looking for a serene retreat or a stylish space to entertain. Includes 1 parking stall and a storage locker. Conveniently located close to beaches, cafes, and transit. The strata fee even includes heat and hot water ! A must-see for ocean lovers! All info approximate
- Property Type:
- Residential
- Type:
- Condo Apartment
- Year built:
- 1968 (Age: 57)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 943 sq. ft.
- Listing General Location:
- Na Brechin Hill, Nanaimo
- Bedrooms:
- 2
- Bathrooms:
- 1.0 (Full:-/Half:-)
- Lot Size:
- 0 sq. ft.
- Kitchens:
- 1
- Taxes:
- Signup
- Building Type:
- Top Level
- Building Features:
- Security System
- Construction:
- Frame Wood
- New Construction:
- No
- Basement:
- None
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Roof:
- Membrane, Metal
- Levels:
- 1
- Number of Storeys:
- 4
- Number of Buildings:
- 0
- Ceiling Heights:
- Signup
- Floor finish:
- Carpet, Wood
- Total Building Area:
- 1,013 sq. ft.
- Total Unfinished Area:
- 70 sq. ft.
- Commercial Area:
- Signup
- # 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:
- 1
- # 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:
- 943 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 0
- Laundry Features:
- In Unit
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- None
- Heating:
- Hot Water
- Fireplace:
- No
- Pending Date:
- Signup
- Dishwasher, F/S/W/D
- Dining/Living Combo
- Vinyl Frames
- Storage Unit
- Ocean
- Ocean Front
- Balcony
- Main Level
- 0
- No
- no pets
- Yes
- Unknown
- Unrestricted
- no short term
- Floor
- Type
- Size
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee Includes:
- Cable TV, Trash, Heat, Hot Water, Maintenance Grounds, Maintenance Structure, Sewer, Water
- Association Fee Year:
- 2025
- Jurisdiction name:
- City of Nanaimo
- Legal Description:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- 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
- Property Condition:
- Resale
- Utilities:
- Cable Connected, Electricity Connected
- Exposure / Faces:
- East
- Layout:
- Condo
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Open
- Total Parking Spaces:
- 1
- Road Surface Type:
- Paved
- Common Parking Spaces:
- 1
- LCP Parking Spaces:
- 0
- Lot Parking Spaces:
- 0
- Total Units:
- Signup
- Date Listed:
- Jul 30, 2025
- Original Price:
- 550000.0
-
Dining area off of kitchen and living room -
Bright, open concept living with spectacular views
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Aerial views of harbour - Steps from the seawall and waterfront
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Bright, open concept living with spectacular views
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Updated kitchen with stainless steel appliances, eat in island, and ocean views
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Bright, updated kitchen with stainless steel appliances, eat in island
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Bright, updated kitchen with stainless steel appliances, eat in island
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Bright, updated kitchen with stainless steel appliances, eat in island
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Bright, updated kitchen with stainless steel appliances, eat in island
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Bright, updated kitchen with stainless steel appliances, eat in island and hardwood floors
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Dining area off of kitchen and living room
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Dining area off of kitchen and living room
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Dining area with large window off of kitchen and living room
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Views from dining area off of kitchen and living room
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Workspace or sitting area with access to wraparound deck and amazing ocean views of the harbour
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Bright, open concept living room
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Bright, open concept living room
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Workspace or sitting area with access to sunny wraparound deck and amazing ocean views of the harbour
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Spacious primary bedroom
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Spacious primary bedroom
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Spacious primary bedroom
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Ample storage and in-suite laundry
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Second bedroom or office/den with beautiful murphy bed
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Second bedroom or office/den with beautiful murphy bed
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Murphy bed with storage
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Murphy bed with storage
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Beautiful murphy bed with storage
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Second bedroom or office/den with beautiful murphy bed
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Second bedroom or office/den with beautiful murphy bed
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Second bedroom or office/den with beautiful murphy bed
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4-piece main bathroom
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4-piece main bathroom
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4-piece main bathroom
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View from the Sunny wraparound deck
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View from the Sunny wraparound deck
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View from the Sunny wraparound deck
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View from the Sunny wraparound deck
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View from the Sunny wraparound deck
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Aerial views of harbour - Steps from the seawall and waterfront
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Aerial views of harbour - Steps from the seawall and waterfront
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Stunning waterfront location
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Stunning waterfront location
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Stunning waterfront location just steps from the waterfont
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Just steps away from Nanaimo waterfront and seawall walkway
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Just steps away from Nanaimo waterfront and seawall walkway
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Just steps away from Nanaimo waterfront and seawall walkway
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Maffeo Sutton Park is Nanaimo's signature park overlooking our famous harbour
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Maffeo Sutton Park and the Nanaimo Harbour Front Walkway
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View of Newcastle Island and Nanaimo boat harbour
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Nanaimo boat harbour
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Photo 51 of 70
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View of Maffeo Sutton Park
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Unit #402 - 55 Dawe Street, Steps from Nanaimo's waterfront
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Unmatched harbour views and veiw of Newcastle and Protection Island
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Unit #402 - 55 Dawe Street, Steps from Nanaimo's waterfront
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Beautifully kept gardens and welcoming entrance
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Welcome to Unit #402 - 55 Dawes Street
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Beautifully kept gardens
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Nanaimo's Maffeo Sutton Park and Waterfront walkway
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Nanaimo's Maffeo Sutton Park
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Nanaimo's Maffeo Sutton Park and Waterfront walkway
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Nanaimo's Maffeo Sutton Park and Waterfront walkway
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Nanaimo's Maffeo Sutton Park and Waterfront walkway
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Nanaimo's Maffeo Sutton Park
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Nanaimo's Maffeo Sutton Park
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Nanaimo's Maffeo Sutton Park and Waterfront walkway
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Nanaimo's Waterfront walkway
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Nanaimo's Waterfront walkway
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Nanaimo's Waterfront walkway
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Nanaimo's Waterfront walkway
Listed by REMAX Professionals
Data was last updated September 27, 2025 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 32
- Avg list price:
- $592,450
- Min list price:
- $250,000
- Max list price:
- $2,680,000
- Avg days on market:
- 58
- Min days on market:
- 4
- Max days on market:
- 460
- Avg price per sq.ft.:
- $460.27
These statistics are generated based on the current listing's property type
and located in
Na Brechin Hill. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- 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.