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Houses for Sale in Victoria, BC Under $500,000
509 Third St
Nanaimo
V9R 1W7
$599,999
Residential
beds: 4
baths: 2.0
1,700 sq. ft.
built: 1960
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 987743
- Bedrooms:
- 4
- Bathrooms:
- 2
- Year Built:
- 1960
- Photos (20)
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Attention Investors, Developers or DIYer’s!. This central location is the starting point of your next home or project in the heart of Nanaimo’s University District. The home offers 5 bedrooms, two bathrooms and a generous living room spanning the 1700sqft split level home. It sits on a large 7534 sqft corner lot with alley access. Opportunity awaits with the COR1 zoning. Walking distance to Vancouver Island University, the Aquatic Center, Ice Center, Sports Fields, NDSS high school & Georgia Avenue elementary. Enjoy all the restaurants and shops that downtown has to offer. All measurements and data are approximate and to be verified by a buyer. As is Where is Sale.
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1960 (Age: 65)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 1,700 sq. ft.
- Listing General Location:
- Na University District, Nanaimo
- Bedrooms:
- 4
- Bathrooms:
- 2.0 (Full:-/Half:-)
- Lot Size:
- 7,541 sq. ft.
- Kitchens:
- 1
- Taxes:
- Signup
- Construction:
- Wood
- New Construction:
- No
- Basement:
- Finished
- Foundation:
- Concrete Perimeter
- Roof:
- Fibreglass Shingle
- Ceiling Heights:
- Signup
- Floor finish:
- Mixed
- Total Building Area:
- 1,700 sq. ft.
- Total Unfinished Area:
- 0 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 4
- # Main Level Bedrooms:
- 0
- # Second Level Bedrooms:
- 3
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 1
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 0
- # Second Level Bathrooms:
- 1
- # 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:
- 567 sq. ft.
- Living Area Main Floor:
- 566 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 567 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 1
- Fireplace Details:
- Wood Burning
- Laundry Features:
- In House
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- None
- Heating:
- Electric
- Fireplace:
- Yes
- Pending Date:
- Signup
- F/S/W/D
- Balcony/Deck
- Main Level
- 0
- Yes
- No
- 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
- 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:
- 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:
- Tenant
- Property Condition:
- Fixer
- Exposure / Faces:
- East
- Layout:
- Split Level
- Lot Site Features:
- Central Location, Corner Lot, Easy Access, Family-Oriented Neighbourhood
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Additional Parking, Driveway
- Total Parking Spaces:
- 4
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Feb 10, 2025
- Original Price:
- 630000.0
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Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
Data was last updated April 15, 2025 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 50
- Avg list price:
- $744,900
- Min list price:
- $239,900
- Max list price:
- $1,349,000
- Avg days on market:
- 36
- Min days on market:
- 4
- Max days on market:
- 333
- Avg price per sq.ft.:
- $382.11
These statistics are generated based on the current listing's property type
and located in
Na University District. 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.