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

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4 Demos Pl
VR Glentana View Royal V9A 7A7

$600,000
Residential beds: 3 baths: 2.0 1,487 sq. ft. built: 1980

Main Photo: 4 Demos Pl in View Royal: VR Glentana Single Family Residence for sale : MLS®# 1046862
Photo 1: 4 Demos Pl in View Royal: VR Glentana Single Family Residence for sale : MLS®# 1046862
Photo 2: 4 Demos Pl in View Royal: VR Glentana Single Family Residence for sale : MLS®# 1046862
Photo 3: 4 Demos Pl in View Royal: VR Glentana Single Family Residence for sale : MLS®# 1046862
Photo 4: 4 Demos Pl in View Royal: VR Glentana Single Family Residence for sale : MLS®# 1046862
Photo 5: 4 Demos Pl in View Royal: VR Glentana Single Family Residence for sale : MLS®# 1046862
Photo 6: 4 Demos Pl in View Royal: VR Glentana Single Family Residence for sale : MLS®# 1046862
Photo 7: 4 Demos Pl in View Royal: VR Glentana Single Family Residence for sale : MLS®# 1046862
Photo 8: 4 Demos Pl in View Royal: VR Glentana Single Family Residence for sale : MLS®# 1046862
Photo 9: 4 Demos Pl in View Royal: VR Glentana Single Family Residence for sale : MLS®# 1046862
Photo 10: 4 Demos Pl in View Royal: VR Glentana Single Family Residence for sale : MLS®# 1046862
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Photo 12: 4 Demos Pl in View Royal: VR Glentana Single Family Residence for sale : MLS®# 1046862
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Photo 23: 4 Demos Pl in View Royal: VR Glentana Single Family Residence for sale : MLS®# 1046862
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Photo 27: 4 Demos Pl in View Royal: VR Glentana Single Family Residence for sale : MLS®# 1046862
Status:
Active
Prop. Type:
Residential
MLS® Num:
1046862
Bedrooms:
3
Bathrooms:
2
Year Built:
1980
Calling all buyers looking for a project! Situated in a family-friendly View Royal neighbourhood and nestled among mature trees, 4 Demos Place offers an opportunity to bring new life to a home with plenty of potential. Priced to reflect its current condition, the property requires significant TLC, updating and landscaping, but offers a great backyard, garage and a location that is hard to beat. Minutes to Portage Park, local restaurants, while Thetis Lake, Admirals Walk Shopping Centre and the Galloping Goose Trail are all just minutes away. Bring your ideas, your vision and some love, and make this home shine again.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1980 (Age: 46)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
1,487 sq. ft.
Listing General Location:
VR Glentana, View Royal
Bedrooms:
3
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
3,359 sq. ft.
Kitchens:
1
Taxes:
Building Name:
Demos Place
Construction:
Frame Wood, Wood
Basement:
Partial
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Levels:
3
Number of Storeys:
3
Number of Buildings:
26
Ceiling Heights:
Total Building Area:
1,487 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
0
# Second Level Bedrooms:
3
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
1
# 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:
173 sq. ft.
Living Area Main Floor:
615 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
699 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
1
Fireplace Details:
Living Room
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer To Lot
Additional Accommodations:
None
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
Yes
Warranty:
No
Pending Date:
Eating Area, French Doors
Balcony/Patio, Fencing: Partial
Private Drive/Road
Glentana to Demos
Deck/Patio, Garage, Private Garden
Main Level
0
Cats OK, Dogs OK
2 dogs or 2 cats or 1 dog and 1 cat.
Yes
See bylaws
Unknown
See bylaws
Unrestricted
See bylaws
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
2nd Floor
2nd Floor
2nd Floor
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
2nd 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 Year:
2026
Jurisdiction name:
Town of View Royal (SD61)
Legal Description:
Units in Building:
Units in Community:
Number of 2 piece baths:
1
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
Occupancy:
Vacant
Property Condition:
Contact List Licensee
Exposure / Faces:
Northwest
Layout:
Main Level Entry with Lower/Upper Lvl(s)
Lot Site Features:
Cul-De-Sac, Irregular Lot, Serviced
Attached Garage:
Yes
Carport Spaces:
0
Garage Spaces:
1
Garage:
Yes
Parking Features:
Attached, Driveway, Garage
Total Parking Spaces:
1
Common Parking Spaces:
0
LCP Parking Spaces:
0
Lot Parking Spaces:
1
Total Units:
Date Listed:
Aug 14, 2026
Original Price:
600000.0
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Listed by Alexandrite Real Estate Ltd.
Data was last updated August 17, 2026 at 08:05 AM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$395,000
Min list price:
$99,000
Max list price:
$1,125,000
Avg days on market:
49
Min days on market:
3
Max days on market:
151
Avg price per sq.ft.:
$278.75
These statistics are generated based on the current listing's property type and located in VR Glentana. 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.