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Houses for Sale in Victoria, BC Under $500,000
Unit 8 Allenby St
Saanich
V8R 4T8
$600,000
Residential
beds: 1
baths: 1.0
592 sq. ft.
built: 2025
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 985246
- Bedrooms:
- 1
- Bathrooms:
- 1
- Year Built:
- 2025
- Photos (15)
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- Mortgage calculator
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Welcome to Folk! Discover this beautifully designed 1 bedroom town home featuring a light-filled, high-quality finishes and a fenced backyard. Folk offers the perfect harmony of contemporary living in a quiet residential community, providing convenient access to local shops, cozy cafés, scenic beaches and lush parks. Perfect for those who value walkable, bikeable and eco-friendly living. Folk includes exceptional amenities such as individual storage lockers and a state-of-the-art bike garage with space for cargo bikes. Plus, a shared electric vehicle at your door offers flexible transportation without the high cost of ownership. Nestled among trees and thoughtfully landscaped surroundings, Folk is your urban sanctuary. These homes are available through a limited pre-sale release, starting at $600,000 (+GST) with our Shared Equity Purchase Program, or $635,000 without. Enjoy a sustainable lifestyle designed to bring people together and foster a sense of community.
- Property Type:
- Residential
- Type:
- Townhouse
- Year built:
- 2025 (Age: 0)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 592 sq. ft.
- Listing General Location:
- SE Camosun, Saanich East
- Bedrooms:
- 1
- Bathrooms:
- 1.0 (Full:-/Half:-)
- Lot Size:
- 7,175 sq. ft.
- Kitchens:
- 1
- Taxes:
- Signup
- Building Features:
- Bike Storage, Transit Nearby
- Construction:
- Concrete, Frame Wood, Insulation All
- New Construction:
- Yes
- Basement:
- Finished, Full, With Windows
- Foundation:
- Concrete Perimeter
- Roof:
- Asphalt Shingle
- Levels:
- 2
- Number of Storeys:
- 4
- Number of Buildings:
- 1
- Ceiling Heights:
- Signup
- Floor finish:
- Carpet, Hardwood, Tile
- Total Building Area:
- 1,088 sq. ft.
- Total Unfinished Area:
- 496 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 1
- # Main Level Bedrooms:
- 1
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 1
- # 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:
- 592 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 1
- Fireplace Details:
- Electric
- Laundry Features:
- In Unit
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- Air Conditioning, Wall Unit(s)
- Heating:
- Baseboard, Electric, Heat Pump, Heat Recovery
- Fireplace:
- Yes
- Pending Date:
- Signup
- Dishwasher, F/S/W/D, Microwave
- Dining Room, Eating Area
- Blinds, Insulated Windows, Screens
- Fenced, Fencing: Full, Garden
- Bike Storage
- Corner of Allenby & Richmond Rd. Currently being Built. Estimated Completion is October, 2025.
- Private Garden, Separate Storage
- Main Level
- 0
- Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
- See Bylaws
- Yes
- Yes
- See Bylaws
- Unrestricted
- Floor
- Type
- Size
- 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 Includes:
- Maintenance Grounds, Water
- Association Fee Year:
- 2025
- Jurisdiction name:
- District of Saanich (SD61)
- Legal Description:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 1
- 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
- Other Equipment:
- Electric Garage Door Opener, Sump Pump
- Property Condition:
- New Construction
- Exposure / Faces:
- South
- Layout:
- Main Level Entry with Lower Level(s)
- Lot Site Features:
- Central Location, Cleared, Easy Access, Family-Oriented Neighbourhood, Irrigation Sprinkler(s), Landscaped, Level, Near Golf Course, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk, Southern Exposure
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- On Street
- Total Parking Spaces:
- 0
- Road Surface Type:
- Paved
- Common Parking Spaces:
- 0
- LCP Parking Spaces:
- 0
- Lot Parking Spaces:
- 0
- Total Units:
- Signup
- Date Listed:
- Jan 22, 2025
- Original Price:
- 600000.0
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Listed by Coldwell Banker Oceanside Real Estate
Data was last updated February 11, 2025 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 31
- Avg list price:
- $599,900
- Min list price:
- $429,900
- Max list price:
- $1,175,000
- Avg days on market:
- 211
- Min days on market:
- 8
- Max days on market:
- 482
- Avg price per sq.ft.:
- $1,001.98
These statistics are generated based on the current listing's property type
and located in
SE Camosun. 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.