Ready to find your dream home? Browse our latest listings for houses under $500,000 in Victoria, BC, or contact us to schedule a consultation. Your ideal home is just a few clicks away!
Houses for Sale in Victoria, BC Under $500,000
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 979997
- Photos (23)
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Currently used as a residence - this property falls within Ladysmith’s downtown core OCP and is currently zoned C2- allowing for redevelopment for commercial, mixed use, or multifamily construction - which also makes this an excellent holding property as a rental until your redevelopment plans are ready. Property access from alley. Make an appointment to view today!
- Property Type:
- Commercial Sale
- Type:
- Mixed Use
- Commercial Type:
- Building, Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Du Ladysmith, Duncan
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 7,202 sq. ft.
- Taxes:
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- Construction:
- Frame Wood
- Foundation:
- Concrete Perimeter
- Ceiling Heights:
- Signup
- Commercial Area:
- Signup
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Heating:
- Baseboard
- Fireplace:
- No
- Pending Date:
- Signup
- Access via Alley for showings
- 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:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- Town of Ladysmith (SD79)
- Legal Description:
- Signup
- Zoning:
- C2
- Legal Non-Conformance:
- Yes
- Parking Features:
- On Site
- Road Frontage Type:
- Lane
- Total Units:
- Signup
- Date Listed:
- Oct 31, 2024
- Original Price:
- 599900.0
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Listed by RE/MAX Generation (LD)
Data was last updated February 11, 2025 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 45
- Avg list price:
- $1,795,000
- Min list price:
- $68,000
- Max list price:
- $14,800,000
- Avg days on market:
- 110
- Min days on market:
- 4
- Max days on market:
- 568
These statistics are generated based on the current listing's property type
and located in
Duncan. Average values are
derived using median calculations.
- 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.