Citified is the most comprehensive resource for researching a new-build home or commercial space in metro Victoria and southern Vancouver Island.
Victoria Change City
View the Capital Region's 12 cheapest houses for sale at under $500,000

An aerial of the Capital Region. A dozen houses are currently listed for sale between Sidney and Sooke at price points below $500,000.  Citified.ca

View the Capital Region's 12 cheapest houses for sale at under $500,000
MIKE KOZAKOWSKI, CITIFIED.CA
Only a dozen single-family-dwellings are priced below a half million dollars throughout central Victoria, the Saanich peninsula and the Westshore, according to the Multiple Listings Service.
 
Leading the pack is the Sooke area with six freehold, non-age-restricted houses available from just a hair below $400,000 (for a 976 square foot manufactured home on a 3,485 square foot freehold lot) to a 1,258 square foot, four-bedroom rancher sitting on 7,944 square feet for $474,900. 
 
Advertisement
 
Further into the Westshore four listings span from $419,000 to $499,000. The lowest price reflects a 1,481 square foot manufactured home on a 10,454 square foot freehold property in Colwood’s Belmont area while at just under $500,000 a 991 square foot rancher can be had north of Langford’s town centre. That home is situated on a 7,405 square foot property. 
 
In the core a single home for under $500,000 is listed and comes in at $495,000 along Saanich’s Obed Avenue corridor. The original asking price was $529,900 for the 1,037 square foot layout on a 6,132 square foot lot, but has dropped since being listed a month ago.
 
The final listing priced below half a million dollars is a newly built rancher on the Saanich Peninsula priced at $423,000. However, the property is on leased First Nations land its asking price does not include a comparable valuation to a freehold listing.
 
The available options on the lowest end of the Capital’s pricing spectrum are a stark departure from Citified’s list of the region’s ten cheapest home listings from the fall of 2015.
 
Back then a variety of options in move-in ready (non-tear down status) condition were available between $300,000 and $400,000, including great starter homes in the mid-$300,000’s, a price point now commensurate with starting prices for studio apartments in downtown Victoria’s new-build condominium market.
 
Below are the dozen properties, in order of their asking price, currently available from Sooke to Sidney.
 
1
$399,900 on West Coast Road in Sooke.  Matthew James Photo / MLS
2
$419,900 on Belmont Road in Colwood.  MLS
3
$423,000 on Tetayut Road in Central Saanich.  MLS
4
$439,000 on Charters Road in Sooke.  MLS
5
$440,000 on Kaltasin Road in Sooke.  MLS 
6
$449,900 on Wentwich Road in Langford.  MLS
7
$450,000 on West Coast Road in Sooke.  MLS
8
$464,900 on Pineridge Place in Sooke.  MLS
9
$474,900 on West Coast Road in Sooke.  MLS
10
$479,900 on Happy Valley Road in Langford.  MLS
 11
$495,000 on Obed Avenue in Saanich.  MLS
12
$499,000 on Sunderland Road in Langford.  MLS
 
C

Receive Citified's timely real-estate news straight to your inbox. Sign up for our newsletter.

 

© Copyright 2019 by Citified.ca. All rights reserved.

 Article resources

You may be interested in:

Langford's District 56 project will deliver Class AA office complex, 12-storey rental tower to city centre

Langford's District 56 project will deliver Class AA office complex, 12-storey rental tower to city centre


Comments








Projects with relevant tags

330 Goldstream Avenue

330 Goldstream Avenue, Colwood
6-storeys
rentalsunder construction

979-983 Pandora Avenue

979-983 Pandora Avenue, Victoria
16-storeys
rentals, commercialproposed

Lyra Residences, phase one

4027 Rainbow Street, Saanich
39 units,
8-storeys
condosbuilt