What types of homes can buyers expect to find for under $500K?

Finding homes for sale under $500K can vary widely, offering an array of options to fit different lifestyles and preferences. Buyers might find charming starter homes perfect for first-time homeowners, cozy cottages for those seeking a simpler lifestyle, or even fixer-uppers that present an excellent opportunity for customization and potential value increase.

Budget-Friendly Finds Index

Find Your Ideal Home: Homes for Sale under $500k

Discover homes that combine affordability with quality in our curated list of Homes for Sale under $500k. Whether you’re a first-time buyer, downsizing, or searching for a budget-friendly investment, our listings provide a variety of options to suit your financial needs without compromising on your dream home’s essentials. With properties provided by the Vancouver Island Real Estate Board, start exploring today and find your perfect match within your budget.

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  • SL 4 Beachview Dr in Port Renfrew: Sk Port Renfrew Land for sale (Sooke) : MLS®# 960049

    SL 4 Beachview Dr Sk Port Renfrew Port Renfrew V0S 1K0
    Main Photo: SL 4 Beachview Dr in Port Renfrew: Sk Port Renfrew Land for sale (Sooke)  : MLS®# 960049
    $455,900
    Residential
    Status:
    Active
    MLS® Num:
    960049
    Looking for an ocean view lot near Port Renfrew to build your home or vacation house? Check out Lot 4 in Beachview Rise West, just a 2 hour scenic drive from Victoria and Nanaimo. This community offers stunning views of the mountains and west coast. Nearby, you can go fishing off the Cove Bridge or surf off the nearby beach. The site will be serviced with underground utilities, including hydro, water, sewer, and telecom. Building has already started on some of the lots in the nearby community of Beachview Rise, so act quickly. Zoning allows for a main home and one cottage (max 900 SF). You can rent out your home or cottage, making it ideal for extra income. Renderings in the photos are examples of what can be built. The local elementary school and community centre are within walking distance, making it a great area for families. Don't miss out on your chance to experience nature in Beachview Rise West, contact us today. More details
    Listed by eXp Realty
    BUY THIS HOME WITH JASON ANSON
  • SL 3 Beachview Dr in Port Renfrew: Sk Port Renfrew Land for sale (Sooke) : MLS®# 960051

    SL 3 Beachview Dr Sk Port Renfrew Port Renfrew V0S 1K0
    Main Photo: SL 3 Beachview Dr in Port Renfrew: Sk Port Renfrew Land for sale (Sooke)  : MLS®# 960051
    $425,900
    Residential
    Status:
    Active
    MLS® Num:
    960051
    Let's plan your vacation home with ocean views! Enjoy walking trails at your doorstep and ocean views from the comfort of your home! Lot 3 offers 8,804 SF for you to build on. Located in the brand new community of Beachview Rise West, this community offers 5 premium ocean view lots! All lots will be serviced to the lot line with hydro, water, sewer, and telecom. Additionally, you can walk to the beach from this stunning development that provides breathtaking views of Port San Juan, three marinas, nearby surfing, ancient forests, world-class salmon fishing, and over 100 km of trails right at your doorstep. Located just two hours away from Victoria and Nanaimo, there is no speculation tax and no foreign buyers tax when you purchase in Port Renfrew. We are very excited about the prospects for the future and we want you to be a part of it. Don’t delay in securing your piece of this west coast gem. Contact us today to learn more about Beachview Rise West and how you can become a part of it! More details
    Listed by eXp Realty
    BUY THIS HOME WITH JASON ANSON
  • 301 787 Tyee Rd in Victoria: VW Victoria West Condo for sale (Victoria West) : MLS®# 960337

    301 787 Tyee Rd VW Victoria West Victoria V9A 7R5
    Main Photo: 301 787 Tyee Rd in Victoria: VW Victoria West Condo for sale (Victoria West)  : MLS®# 960337
    $475,000
    Residential
    Status:
    Active
    MLS® Num:
    960337
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    555 sq. ft.
    Welcome To Bond's Landing! Situated literally steps away from the Galloping Goose Trail, amazing cafe's, restaurants and shopping, Victoria West welcomes an active lifestyle while exemplifying convenience. Recently updated with new flooring and paint, this 1 bedroom/1 bathroom CORNER apartment is bright, airy and modern. The kitchen is outfitted with stainless steel appliances, an eating bar and an abundance of clever storage. Into the living room, west facing french doors allow deck access and let an abundance of light flow in. You will be pleased with the size of the primary bedroom, which allows for large furniture and a "cheater" door into the 4 piece bathroom with chic white subway tile. To cap it off, there is also in suite laundry. Other bonuses include underground parking, a secure storage locker, bike storage, and this building is rental and pet friendly! Whether an investor, first time buyer or just down sizing, come see what this waterfront community can offer you! More details
    Listed by Engel & Volkers Vancouver Island
    BUY THIS HOME WITH JASON ANSON
  • 301 872 South Island Hwy in Campbell River: CR Campbell River Central Condo for sale : MLS®# 960172

    301 872 South Island Hwy CR Campbell River Central Campbell River V9W 1A8
    Main Photo: 301 872 South Island Hwy in Campbell River: CR Campbell River Central Condo for sale : MLS®# 960172
    $399,500
    Residential
    Status:
    Active
    MLS® Num:
    960172
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    936 sq. ft.
    Welcome to 301-872 South Island Highway. This charming 2-bedroom, 1 bathroom condo offers unparalleled oceanfront views and convenient access to the Seawalk, where you can watch cruise ships and marine life from your deck. Positioned on the 3rd level at the end of the building, this south facing condo receives plenty of sunshine and boasts added privacy. Enjoy seamless indoor-outdoor living with access to the deck from both the primary bedroom and living room, perfect for soaking in the coastal ambiance. With no age restrictions, this condo welcomes residents of all ages. Benefit from a secured entrance, elevator access, low strata fees, pets allowed, BBQs, and unlimited long-term rentals. Please note that smoking is prohibited on the premises. Give your agent a call to schedule a showing today. More details
    Listed by Oakwyn Realty Ltd. (NA)
    BUY THIS HOME WITH JASON ANSON
  • 4B 851 5th St in Courtenay: CV Courtenay City Row/Townhouse for sale (Comox Valley) : MLS®# 960259

    4B 851 5th St CV Courtenay City Courtenay V9N 1K8
    Main Photo: 4B 851 5th St in Courtenay: CV Courtenay City Row/Townhouse for sale (Comox Valley)  : MLS®# 960259
    $389,000
    Residential
    Status:
    Active
    MLS® Num:
    960259
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    879 sq. ft.
    This newly renovated townhome, in the desirable location of Old Orchard, is the perfect combination of urban convenience and outdoor recreation. The well-maintained, quiet complex is located just blocks from the vibrant downtown area and shopping district and just minutes from the popular nature trails and parks along the Puntledge river. The private entrance and beautifully landscaped surroundings provide a peaceful and inviting atmosphere. This top floor 2 bedroom corner unit has had a number of recent upgrades, including new flooring, carpets, kitchen cupboards, closet doors, trim and fresh paint. The open living area and abundance of windows allow for plenty of natural light, creating a welcoming and airy atmosphere. The garden area and deck offer additional spaces to relax and enjoy the greenery, providing a serene escape right at home. With its prime location and numerous updates, this townhome is the ideal place to settle in and enjoy the best of both city living and nature. More details
    Listed by RE/MAX Ocean Pacific Realty (Crtny)
    BUY THIS HOME WITH JASON ANSON
  • 211 130 centennial Dr in Courtenay: CV Courtenay East Retail for lease (Comox Valley) : MLS®# 960300

    211 130 centennial Dr CV Courtenay East Courtenay V9N 9V7
    $104.50 /sqft
    Commercial Lease
    Status:
    For Lease
    MLS® Num:
    960300
    Commercial space for lease. Located in a high visibility Commercial Plaza setting. Located on the corner of Ryan Rd. and Back Rd. the property is adjacent to a significant population base in East Courtenay. Close proximity to the new Hospital location and North Island College. Central location with visible exposure and very high traffic counts. Well managed and maintained GlacierView Plaza . These spaces offer easy access and egress, plenty of parking, 10 foot ceilings and energy efficient h.a.v.c. Available for immediate occupancy. Lease Rate $14.50 per sqft." More details
    Listed by Royal LePage-Comox Valley (CV)
    BUY THIS HOME WITH JASON ANSON
  • 51 1240 Wilkinson Rd in Comox: CV Comox (Town of) Manufactured Home for sale (Comox Valley) : MLS®# 960294

    51 1240 Wilkinson Rd CV Comox (Town of) Comox V9M 3X8
    Main Photo: 51 1240 Wilkinson Rd in Comox: CV Comox (Town of) Manufactured Home for sale (Comox Valley)  : MLS®# 960294
    $174,900
    Residential
    Status:
    Active
    MLS® Num:
    960294
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    933 sq. ft.
    Check out this 2 bed/1 bath, 933 sq ft modular home in popular Del's Trailer Land in the Little River area in Comox. This home also offers a carport with an oversized parking area suitable for two vehicles. There is an attached storage room/workshop space as well. This corner lot is one of the best in the park with loads of green space, storage shed for the tools & patio furniture, privacy hedging & some large trees for more privacy & shade. The home is in great shape & offers an electric forced air furnace as well as a ductless heat pump providing efficient heat & air conditioning. An added bonus is the shared clubhouse to enjoy a game of pool, cards or a social gathering with friends & family. The park is located in a quiet area & is just a short walk from the beach & the Wilkinson Nature Park. Costco, Home Depot, Crown Isle Golf Resort, shopping & services are a 5 minute drive away. This park does not allow pets & is age restricted to 55+. More details
    Listed by RE/MAX Ocean Pacific Realty (CX)
    BUY THIS HOME WITH JASON ANSON
  • 4 77 Nelson Rd in Lake Cowichan: Du Lake Cowichan House for sale (Duncan) : MLS®# 960072

    4 77 Nelson Rd Du Lake Cowichan Lake Cowichan V0R 2G0
    OPEN HOUSE: Apr 13, 2024
    01:00 PM - 03:00 PM PDT
    Open House on Saturday, April 13, 2024 1:00PM - 3:00PM Wonderful getaway retreat or fabulous full-time residence. Come and enjoy the simple life from this cozy one bed + den home on the Cowichan River.
    Main Photo: 4 77 Nelson Rd in Lake Cowichan: Du Lake Cowichan House for sale (Duncan)  : MLS®# 960072
    $475,300
    Residential
    Status:
    Active
    MLS® Num:
    960072
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    759 sq. ft.
    Wonderful getaway retreat or fabulous full-time residence. Come and enjoy the simple life from this cozy one bed + den home on the Cowichan River. The current owner has made some significant improvements including a new metal roof, with new gutters and down spouts as well as the addition of three 2’x4’ skylights. The heating / cooling was totally upgraded with a new high efficiency ductless heat pump. Enjoy your favorite morning beverage from the southeast facing deck or walk a few steps to the river and have your coffee on the dock. Excellent swimming, fishing & relaxing and only moments away from the community of Lake Cowichan. More details
    Listed by D.F.H. Real Estate Ltd. (CwnBy)
    BUY THIS HOME WITH JASON ANSON
  • Lot 7 Edmund St in Crofton: Du Crofton Land for sale (Duncan) : MLS®# 960106

    Lot 7 Edmund St Du Crofton Crofton V0R 1R0
    Main Photo: Lot 7 Edmund St in Crofton: Du Crofton Land for sale (Duncan)  : MLS®# 960106
    $295,000
    Residential
    Status:
    Active
    MLS® Num:
    960106
    OCEANVIEW LOT on a quiet peaceful no through road in the quaint seaside community of Crofton! Come and build your dream home on this lightly sloping East facing lot and watch the sun rise over the distance mountains and glisten off the calm bay. The lot is 50x100 with no one behind you! The street has no thru traffic and is oh so quiet. The neighboring home has had the same owners for 50yrs! Call your agent today to book a private viewing. This could be the one! More details
    Listed by Pemberton Holmes Ltd. (Dun)
    BUY THIS HOME WITH JASON ANSON
  • 103 1150 Walkem Rd in Ladysmith: Du Ladysmith Row/Townhouse for sale (Duncan) : MLS®# 960248

    103 1150 Walkem Rd Du Ladysmith Ladysmith V9G 1S1
    Main Photo: 103 1150 Walkem Rd in Ladysmith: Du Ladysmith Row/Townhouse for sale (Duncan)  : MLS®# 960248
    $449,000
    Residential
    Status:
    Active
    MLS® Num:
    960248
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,054 sq. ft.
    Welcome to the perfect 55+ community in Twin Falls! This well-maintained townhouse offers a comfortable 1054 square feet of living space, with a garage a few of the features include, two bedrooms and two full baths, providing ample room for relaxation and guests. The bright and spacious layout creates an inviting atmosphere, perfect for entertaining friends and family. All of this is has great location near parks, trails, transit and a hospital and offers easy access to outdoor activities and healthcare facilities. Additionally, you'll find all other amenities just a few minutes away. Don't miss out on this fantastic opportunity to enjoy a fulfilling retirement in a desirable neighborhood. More details
    Listed by RE/MAX Generation (LD)
    BUY THIS HOME WITH JASON ANSON
  • 152 2500 Florence Lake Rd in Langford: La Florence Lake Manufactured Home for sale : MLS®# 960204

    152 2500 Florence Lake Rd La Florence Lake Langford V9B 4H2
    Main Photo: 152 2500 Florence Lake Rd in Langford: La Florence Lake Manufactured Home for sale : MLS®# 960204
    $235,000
    Residential
    Status:
    Active
    MLS® Num:
    960204
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    700 sq. ft.
    Own a home in Victoria for half the price of a condo? It's possible in Hidden Valley 55+ Park! This hidden gem was COMPLETELY RENOVATED down to the studs in 2020. It's an extremely affordable mobile home, with a newer vinyl siding update, a beautiful cedar patio for entertaining, plus you can still express your green thumb outside in your own private yard and keep your tools in a storage shed. This home features like-new SMART appliances, an open concept modern kitchen & living room, convenient barn doors to save space and a direct vent Rinnai wall furnace & NEW hot water tank. It has an updated 4-piece bathroom, a Juliet balcony off the primary bedroom and a handy 2nd bedroom for guests or office, plus TWO parking spots. Enjoy walks around nearby Florence Lake and peace of mind in the well managed Privately Owned park. It's pet friendly too! Close to Costco & Save-On, Millstream Village & Home Depot! More details
    Listed by eXp Realty
    BUY THIS HOME WITH JASON ANSON
  • 109 2500 Florence Lake Rd in Langford: La Florence Lake Manufactured Home for sale : MLS®# 960180

    109 2500 Florence Lake Rd La Florence Lake Langford V9B 0B9
    Main Photo: 109 2500 Florence Lake Rd in Langford: La Florence Lake Manufactured Home for sale : MLS®# 960180
    $389,900
    Residential
    Status:
    Active
    MLS® Num:
    960180
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    940 sq. ft.
    55+ and looking to downsize, or hankering for a new home? Not excited about condo life? Check out our beautifully updated, completely renovated 2BR/2bath manufactured home that has been re-done from the studs out. Hidden Valley is a well-established, well-run park in the heart of Langford near to all conveniences, yet located in a pastoral forest setting steps from Florence Lake. The exterior features vinyl siding with asphalt roof, large outdoor deck space in front and out back, with on-site parking for 2 vehicles. There is plenty of room for creativity if you have a green-thumb, or just enjoy the outside deck space. Inside is a great-room layout with comfortable kitchen and living area, 2 generous bedrooms, ensuite and main bathrooms, large laundry room, and plenty of storage. One owner on title must be 55, 2nd can be under. No rentals allowed, max 2 pets. More details
    Listed by DFH Real Estate Ltd.
    BUY THIS HOME WITH JASON ANSON
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Data was last updated April 13, 2024 at 08:05 PM (UTC)
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