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Victoria BC Real Estate

A resource for anyone wanting to learn more about Victoria, BC Real Estate.

 

About Victoria, BC Real Estate

About This Website

This website was established as a free resource to help educate anyone who has an interest in the Victoria, BC Real Estate market. The content has been gathered from many veteran Victoria, BC Realtors® and other real estate professionals and laypersons

We hope you have finf the information useful. If you feel anything is missing or have any further questions, please use the contact form to leave us a note and one of the local real estate experts will be in touch to help you out.

Essentials Fact about Victoria, BC Housing and Neighbourhoods

Victoria has been British Columbia's capital city since 1868. The Capital Regional District (CRD), composed of thirteen distinct municipalities is nestly on the southern tip of Vancouver Island. The municipalities that comprise the CRD include Victoria, Oak Bay, Esquimalt, North Saanich and the Saanich peninsula, View Royal, Langford, Colwood, Metchosin, Sooke, Sidney, Highlands and Slatspring Island.

The Greater Victoria city population was reported at around 80,017, counting only the real estate within the greater Victoria boundary. The CRD all together has a population of around 351,000 making it the 15th largest metropolitan center within Canada. Real estate is varied with a mixture of urban condominiums (condos), apartments and rental units, many residential houses, duplexes and in the outlying areas, many acreages with single family dwellings or farm operations.

Vancouver Island is less than 100 kms from Vancouver, British Columbia's largest city, and is serviced by multiple ferry routes, airplane, seaplane, and a special Victoria passenger only ferry (currently not runing due to the covid pandemic). Via the Blackball ferry line to Port Angeles, WA, the greater victoria area offer easy access to Seattle, anacortis and other US destinations. The Victoria Airport in North Saanich offers multiple daily international flights to the US and other destinations.

Once described as a place for the newly-wed or nearly-dead, Victoria is now a very demographically balanced city with many real estate choices ranging from first time home buyer options and student accomodations to some of the most esquisite mansions in all of Canada. A recent real estate listing in Metchosin, the Swanwick Ranch, was listed in early 2021 for a whopping $14.1 million. Conversely, starter homes on lots are available in the outlying municipalities from low $200,000's. in 2021's mortgate rates, these are affordable to almost anyone.

Latest Statistics - Victoria, BC Real Estate

The greater Victoria Real Estate Board (VREB) uses the Multiple Listing Service (MLS) to compile reports on many statistics about homes and realtors. In March 2021, a total of 1,173 properties sold in the Victoria Real Estate Board region. This figure represents a 92.9 per cent increase over the same period the prior year and 35 per cent more than February, 2021. Sales of condominiums were also up 111.8 per cent from March 2020 with 377 units sold. Sales of single family homes were up 88.2 per cent from last march with over 574 real estate transations in that category alone. We have reprinted some of these on our about Real Estate Market Report pages.

 
 

Select Victoria BC Real Estate Listings

These selected properties show some of the variety and breadth of real estate listing types in the greater Victoria area. Prices range from a few hundred thousand to over ten million dollars, representing a very diverse range of choices. The search form may be used to narrow listing choices or present the entire listings in the region.

 
 

647 MICHIGAN STREET, #804, VICTORIA BC

$229,900 - 1 bedroom, 1 bathroom, 620 sq. ft.

Great cash flowing investment opportunity in the Orchard House located in the heart of James Bay. Incredible harbour views help accentuate the phenomenal location of this Leasehold Title property, just steps to downtown and the iconic Beacon Hill Park. Efficient 1 bedroom home with updated windows and sliding door helping to keep the temperature right.

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411 Government St, VICTORIA BC

$649,900 - 4 bedrooms, 2 bathroom, 1,256 sq. ft.

Downtown location and great opportunity to invest in the popular James Bay market! Strata-titled, half duplex is located just blocks from Beacon Hill Park, the Legislature, and the Inner Harbour. Versatile floor plan with 4 bedrooms has worked great for tenants over the years and is currently rented out for $2100 per month.

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2552 Prior St, Victoria, BC V8T 3X6, VICTORIA, BC

$949,000 - 4 bedrooms, 3 bathrooms, 2,009 sq. ft.

Tenanted up and down, please read m2m and TB notes regarding showing times and offers. Oaklands-area family home includes a bright rental suite downstairs. Upgraded yet true to the original character create a living experience which is both convenient yet comfortable. Hardwood floors, vinyl thermo windows, kitchen, bathrooms (three!), gas furnace, large west-facing deck

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3155 Beach Dr, OAK BAY, BC

$3,900,000 - 5 bedrooms, 8 bathrooms, 11,500 sq. ft.

Magnificent Waterfront Estate on prized 1.67 acre level beachfront property in the heart of 'The Uplands'. Completed in 2016, the 11,900 sqft custom residence boasts a timeless and elegant design with beautiful hand-crafted finishing & appointments throughout, offering 5 oversized & luxuriously-appointed bedroom suites, 8 baths, and exquisite designed for entertaining.

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