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Houses for Sale in Victoria, BC Under $500,000
120 Lake Park Rd
Lake Cowichan
V0R 2G0
$600,000
Residential
beds: 5
baths: 3.0
2,215 sq. ft.
built: 2007
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1051834
- Bedrooms:
- 5
- Bathrooms:
- 3
- Year Built:
- 2007
- Photos (10)
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This five-bedroom home offers a versatile layout with plenty of space for family and guests. Vaulted ceilings create an airy feel in the living room, while the kitchen with a centre island opens onto a spacious sundeck overlooking the yard. Three bedrooms are located on the main floor, including a primary with ensuite. Downstairs, two additional bedrooms, a large recreation room and a kitchenette/bar area provide flexible living space. A double garage and RV parking add everyday convenience. Located in the beautiful town of Lake Cowichan, just minutes from Cowichan Lake and the Cowichan River, and steps from the Cowichan Valley Trail (Trans Canada Trail). Enjoy easy access to hiking, cycling, swimming, and fishing, with local shops, restaurants, and everyday amenities close by, plus a short commute to Duncan.
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 2007 (Age: 19)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 2,215 sq. ft.
- Listing General Location:
- Du Lake Cowichan, Duncan
- Bedrooms:
- 5
- Bathrooms:
- 3.0 (Full:-/Half:-)
- Lot Size:
- 5,227 sq. ft.
- Kitchens:
- 1
- Taxes:
- Signup
- Building Features:
- Basement
- Construction:
- Frame Wood, Insulation: Ceiling, Insulation: Walls, Vinyl Siding
- New Construction:
- No
- Basement:
- Finished, Partial, Walk-Out Access, With Windows
- Foundation:
- Concrete Perimeter
- Roof:
- Fibreglass Shingle
- Levels:
- 2
- Number of Storeys:
- 2
- Number of Buildings:
- 19
- Other Structures:
- Greenhouse
- Ceiling Heights:
- Signup
- Floor finish:
- Mixed
- Total Building Area:
- 2,608 sq. ft.
- Total Unfinished Area:
- 393 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 5
- # Main Level Bedrooms:
- 3
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 2
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 2
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 1
- # 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:
- 980 sq. ft.
- Living Area Main Floor:
- 1,235 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 House
- Water supply:
- Municipal
- Sewer:
- Sewer To Lot
- Cooling:
- Other
- Heating:
- Electric, Heat Pump
- Fireplace:
- No
- Pending Date:
- Signup
- Insulated Windows
- Mountain(s)
- From Cowichan Lake Road turn North onto Lake Park
- Ground Level
- 0
- Cats OK, Dogs OK
- See bylaws
- Yes
- Unknown
- Unrestricted
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- 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 Year:
- 2021
- 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:
- 2
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 1
- Number of 4 piece Ensuites:
- 0
- Property Condition:
- Resale
- Exposure / Faces:
- East
- Layout:
- Ground Level Entry With Main Up
- Lot Site Features:
- Easy Access, Family-Oriented Neighbourhood, Landscaped, Level, No Through Road, Quiet Area, Rectangular Lot, Shopping Nearby
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 1
- Garage:
- Yes
- Parking Features:
- Garage
- Total Parking Spaces:
- 3
- Road Surface Type:
- Paved
- Common Parking Spaces:
- 0
- LCP Parking Spaces:
- 0
- Lot Parking Spaces:
- 3
- Total Units:
- Signup
- Date Listed:
- Oct 15, 2026
- Original Price:
- 600000.0
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Listed by The Agency
Data was last updated October 17, 2026 at 02:05 AM (UTC)
Area Statistics
- Listings on market:
- 94
- Avg list price:
- $692,425
- Min list price:
- $120,000
- Max list price:
- $12,800,000
- Avg days on market:
- 72
- Min days on market:
- 1
- Max days on market:
- 261
- Avg price per sq.ft.:
- $437.42
These statistics are generated based on the current listing's property type
and located in
Du Lake Cowichan. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- BCHOMEGROUP.CA
- 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.