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Houses for Sale in Victoria, BC Under $500,000
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1011692
- Photos (18)
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Discover a commercial opportunity at 221 Coronation Avenue! This 2,500+ sqft space boasts excellent visibility in a prime location, offering endless possibilities for a variety of business ventures. Lovely character to the home that would be great to renovate!The property features a private parking lot accommodating five vehicles, complemented by a detached single-car garage. Upstairs, you'll find residential-style suite currently providing offices and a comfortable staff space, perfect for meetings or breaks. Whether you're looking to establish a retail space, professional office, or creative studio, this property offers the flexibility and convenience to suit your needs. Don’t miss out on this versatile commercial space in a fantastic area.
- Property Type:
- Commercial Sale
- Type:
- Mixed Use
- Commercial Type:
- Building, Land
- Lease Type:
- See Remarks
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Du West Duncan, Duncan
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 7,200 sq. ft.
- Taxes:
- Signup
- Construction:
- Frame Wood, Insulation All
- Foundation:
- Concrete Perimeter
- Ceiling Heights:
- Signup
- Floor finish:
- Mixed
- Total Building Area:
- 2,541 sq. ft.
- Commercial Area:
- Signup
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- HVAC
- Heating:
- Baseboard, Electric, Heat Pump
- Fireplace:
- No
- Pending Date:
- Signup
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Lot Site Features:
- Landscaped, Level, Sidewalk
- Parking Features:
- On Site
- Total Units:
- Signup
- Date Listed:
- Aug 21, 2025
- Original Price:
- 699900.0
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Listed by RE/MAX Island Properties (DU)
Data was last updated December 26, 2025 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 14
- Avg list price:
- $1,499,500
- Min list price:
- $79,000
- Max list price:
- $12,000,000
- Avg days on market:
- 125
- Min days on market:
- 26
- Max days on market:
- 885
These statistics are generated based on the current listing's property type
and located in
Du West Duncan. 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.