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Houses for Sale in Victoria, BC Under $500,000

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406 169 S Island Hwy
CR Campbell River Central Campbell River V9W 6W2

$599,900
Residential beds: 2 baths: 2.0 1,424 sq. ft. built: 1982

Main Photo: 406 169 S Island Hwy in Campbell River: CR Campbell River Central Condo for sale : MLS®# 1012351
Photo 1: 406 169 S Island Hwy in Campbell River: CR Campbell River Central Condo for sale : MLS®# 1012351
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Status:
Active
Prop. Type:
Residential
MLS® Num:
1012351
Bedrooms:
2
Bathrooms:
2
Year Built:
1982
Discover top-floor oceanfront living at Ocean Shores! This bright condo offers breathtaking views of Discovery Passage, where you can watch sunrises, passing marine life, and coastal scenery right from your windows. The spacious layout features a functional kitchen, large living area, and sliding doors from both bedrooms leading to the expansive balcony. The primary suite includes a walk-in closet and full ensuite with tub and shower, while a second bathroom with shower is conveniently located near the guest bedroom. Skylights in the entry and ensuite add natural light, and in-suite laundry plus ample storage make life easy. Residents enjoy incredible amenities including a beachfront gathering house, oceanfront firepit and BBQ area, and a workshop. Embrace a lifestyle where the ocean is at your doorstep!
Property Type:
Residential
Type:
Condo Apartment
Year built:
1982 (Age: 44)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
1,424 sq. ft.
Listing General Location:
CR Campbell River Central, Campbell River
Bedrooms:
2
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
0 sq. ft.
Kitchens:
1
Taxes:
Building Type:
Top Level
Construction:
Stucco, Stucco & Siding
New Construction:
No
Basement:
None
Foundation:
Concrete Perimeter, Slab
Electricity:
Yes
Roof:
Asphalt Shingle
Levels:
1
Number of Storeys:
4
Number of Buildings:
1
Ceiling Heights:
Floor finish:
Mixed
Total Building Area:
1,424 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# 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:
1,424 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:
Baseboard, Electric
Fireplace:
No
Pending Date:
Dishwasher, Freezer, Oven/Range Electric, Refrigerator
Vinyl Frames
Balcony/Patio
Common Area
Mountain(s), Ocean
Ocean Front
Deck/Patio, Parking Stall, Separate Storage
Main Level
0
Aquariums, Birds
No pets other caged birds or aquarium; dog certified under Guide Dog and Service Dog Act
No
Common area for barbecuing
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
Main Floor
Main Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Association Fee Includes:
Caretaker, Trash
Association Fee Year:
2024
Jurisdiction name:
City of Campbell River
Legal Description:
Zoning:
RM-3
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
2
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:
Electricity Available, Electricity Connected
Exposure / Faces:
East
Layout:
Condo
Lot Site Features:
Shopping Nearby, Sidewalk, Walk on Waterfront
Attached Garage:
No
Carport Spaces:
1
Garage Spaces:
0
Garage:
No
Parking Features:
Carport, Open
Total Parking Spaces:
1
Road Surface Type:
Paved
Common Parking Spaces:
0
LCP Parking Spaces:
0
Lot Parking Spaces:
1
Total Units:
Date Listed:
Aug 29, 2025
Original Price:
599900.0
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Listed by eXp Realty (CR)
Data was last updated January 10, 2026 at 02:05 AM (UTC)
Area Statistics
Listings on market:
92
Avg list price:
$652,450
Min list price:
$125,000
Max list price:
$2,395,000
Avg days on market:
71
Min days on market:
1
Max days on market:
400
Avg price per sq.ft.:
$383.12
These statistics are generated based on the current listing's property type and located in CR Campbell River Central. Average values are derived using median calculations. This data is not produced by the MLS® system.

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

  1. Work with a Local Real Estate Expert: A knowledgeable realtor can help identify the best deals.
  2. Explore Emerging Neighborhoods: Areas slightly outside the city center often offer more affordable options.
  3. 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.

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.