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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:
- 994129
- Bedrooms:
- 1
- Bathrooms:
- 1
- Year Built:
- 2025
- Photos (16)
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**PRESALE EXCLUSIVE** Welcome to Folk! This beautifully designed 1-bed townhome features a bright open-concept layout, high-quality finishes & backyard off the kitchen and living room. Located in a quiet residential community just minutes from Willows Beach, Oak Bay Village & Allenby Park, Folk is perfect for those who value walkable, bikeable, and eco-friendly living. Enjoy a best-in-class bike garage with room for all your bikes—including cargo bikes!—& a shared electric vehicle at your doorstep, providing low-cost transportation. Nestled among trees with thoughtful landscaping, Folk is your urban sanctuary. Secure exclusive presale pricing during this limited release (price + GST) & embrace a sustainable lifestyle designed to foster connection and community. Ground level-living with a private backyard and built to “adaptable design” standards, this one-of-a-kind home is perfect for seniors to age-in-place, people with mobility limitations, or gardening lovers. Move in this November!
- 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, See Remarks
- Construction:
- Concrete, Frame Wood, Insulation All
- New Construction:
- Yes
- Basement:
- Other
- Foundation:
- Concrete Perimeter
- Roof:
- Asphalt Shingle
- Levels:
- 2
- Number of Storeys:
- 4
- Number of Buildings:
- 1
- Ceiling Heights:
- Signup
- Floor finish:
- Carpet, Hardwood, Tile, Other
- 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.
- Patio Area:
- 496 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
- Fireplace:
- Yes
- Pending Date:
- Signup
- Dishwasher, F/S/W/D, Microwave
- Dining Room, Eating Area
- Blinds, Insulated Windows, Screens
- Fenced, Sprinkler System
- Bike Storage, Common Area
- 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
- No
- See bylaws
- 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
- 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:
- Sump Pump
- Property Condition:
- New Construction
- Exposure / Faces:
- South
- Layout:
- Other
- Lot Site Features:
- Irrigation Sprinkler(s), Landscaped, Shopping Nearby, Sidewalk, Southern Exposure
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- On Street, Other
- 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:
- Apr 03, 2025
- Original Price:
- 600000.0
-
South facing frontage, overlooking Allenby. -
Living Room, with high quality finishes & cozy fireplace. Different floor plan, same finishings. Image for illustration purposes.
-
Kitchen and Dining room with open-concept layout. Different floor plan, same finishings. Image for illustration purposes.
-
Bathroom, with thoughtful colors and spacious design. Different floor plan, same finishings. Image for illustration purposes.
-
South facing frontage, from the corner of Richmond and Allenby.
-
Front view, to amenity-rich bike garage.
-
Willows beach- just a 9 minute bike ride away.
-
Allenby Park â 3-minute walk.
-
Playgrounds in all directions. Image of Oaklands Park â 6 1/2-minute bike.
-
Carnarvon water park on Henderson Rd, open mid May- early September hours.
-
A European-inspired lifestyle with Estevan Village, just a 10 min bike ride away.
-
Oak Bay Village, just a 10 minute bike ride away.
-
Numerous grocery stores nearby. Image of Old Farm Market â 8-minute bike ride.
-
Front view of south facing frontage, with thoughtful landscaping.
-
View of community lifestyle.
-
Building layout. 9 homes in total.
Listed by Coldwell Banker Oceanside Real Estate
Data was last updated April 15, 2025 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 44
- Avg list price:
- $624,900
- Min list price:
- $429,900
- Max list price:
- $2,499,000
- Avg days on market:
- 177
- Min days on market:
- 1
- Max days on market:
- 545
- Avg price per sq.ft.:
- $959.57
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.