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Houses for Sale in Victoria, BC Under $500,000
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1013898
- Photos (9)
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Stunning ocean and mountain views await from this prime lot in the heart of Cowichan Bay. Located just minutes from the ocean and within walking distance to shops, restaurants, and cafés, this property offers the perfect blend of natural beauty and village charm. Just 10 minutes from Duncan, the lot is ideally situated next to a park, meaning no neighbours on one side and added privacy. Outdoor lovers will appreciate nearby walking and hiking trails. On top of all that the heavy lifting has already been done—building plans are complete, geotechnical engineering reports are finalized, and permits have been pulled. The lot is fully prepped and ready for your dream home. Whether you’re looking to build now or secure a future homesite in one of Vancouver Island’s most sought-after communities, this property is a rare opportunity. Embrace west coast living at its best in beautiful Cowichan Bay.
- Property Type:
- Residential
- Type:
- Land
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Du Cowichan Bay, Duncan
- Bedrooms:
- 0
- Bathrooms:
- 0.0 (Full:-/Half:-)
- Lot Size:
- 17,115 sq. ft.
- Kitchens:
- 0
- Taxes:
- Signup
- Ceiling Heights:
- Signup
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 0
- # Main Level Bedrooms:
- 0
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 0
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 0
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Water supply:
- Municipal
- Sewer:
- Sewer Available
- Fireplace:
- No
- Pending Date:
- Signup
- Mountain(s), Ocean
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Signup
- Assessed:
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- 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
- 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:
- 0
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Lot Site Features:
- Cul-De-Sac, Marina Nearby, Quiet Area
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Total Parking Spaces:
- 4
- Total Units:
- Signup
- Date Listed:
- Sep 15, 2025
- Original Price:
- 565000.0
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Listed by eXp Realty (DU)
Data was last updated October 3, 2025 at 10:05 PM (UTC)
Area Statistics
- Listings on market:
- 32
- Avg list price:
- $822,450
- Min list price:
- $135,000
- Max list price:
- $14,500,000
- Avg days on market:
- 50
- Min days on market:
- 1
- Max days on market:
- 259
- Avg price per sq.ft.:
- $433.61
These statistics are generated based on the current listing's property type
and located in
Du Cowichan Bay. 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.