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Houses for Sale in Victoria, BC Under $500,000
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1033312
- Photos (25)
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Prime Commercial opportunity at 5861 York Rd in the heart of Duncan's growing business corridor. Please note that all ground and aerial photos depict both adjacent lots together (5861 York Rd & 5865 York Rd)
This cleared C2 zoned lot offers outstanding visibility, strong traffic exposure, and excellent access near Hwy 1, downtown Duncan, shopping, restaurants, recreation and major services. Duncan continues to see strong growth and investment, making this an exciting chance to secure land in a strategic location. 5861 York Rd is being offered separately but can also be purchased together with neighbouring 5865 York Rd for an expanded side by side development opportunity.
Rare flexibility for investors, developers or owner-users looking to capitalize on one of the Cowichan Valley's most active commercial areas. Buyer to verify intended use with Municipality of North Cowichan.
- Property Type:
- Commercial Sale
- Type:
- Unimproved Land
- Commercial Type:
- Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Du East Duncan, Duncan
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 9,009 sq. ft.
- Taxes:
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- Pending Date:
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- Mountain(s)
- 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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- Lot Site Features:
- Cleared, Level, Rectangular Lot
- Road Surface Type:
- Paved
- Total Units:
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- Date Listed:
- Apr 22, 2026
- Original Price:
- 600000.0
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Listed by Fair Realty (Nan)
Data was last updated April 30, 2026 at 07:30 AM (UTC)
Area Statistics
- Listings on market:
- 17
- Avg list price:
- $2,000,000
- Min list price:
- $600,000
- Max list price:
- $9,475,000
- Avg days on market:
- 59
- Min days on market:
- 8
- Max days on market:
- 321
These statistics are generated based on the current listing's property type
and located in
Du East Duncan. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- 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.