Homes for Sale Under $500K

Avg Home Prices
  • Vancouver Island: $844,196 l North Island: $391,667 l Comox Valley: $947,555 l Cowichan Valley: $812,181 l Pacific Rim: $583,496 l Parksville & Qualicum: $1,064,865 l Nanaimo: $847,984 l Campbell River: $766,992 l Surrounding Islands: $580,000 l Chemainus: $620,000 l Cobble Hill: $872,500 l Cowichan Bay: $872,000 l Crofton: $653,000 l East Duncan: $823,850 l Honeymoon Bay: $809,750 l Ladysmith: $877,500 l Lake Cowichan: $624,667 l Mill Bay: $1,117,000 l Shawnigan Lake: $764,000 l West Duncan: $722,576 l Youbou: $450,000 l Kelsey Bay & Sayward: $375,000 l Port Hardy: $260,000 l Port McNeill: $540,000 l Central Campbell River: $641,571 l North Campbell River: $994,900 l South Campbell River: $715,000 l West Campbell River: $674,950 l Willow Point: $835,154 l Town of Comox: $914,294 l City of Courtenay: $780,250 l East Courtenay: $1,006,786 l North Courtenay: $1,407,450 l South Courtenay: $1,019,267 l West Courtenay: $662,500 l Crown Isle in Courtenay: $1,248,850 l Cumberland: $911,250 l Merville & Black Creek: $916,400 l Union Bay & Fanny Bay: $820,000 l Brechin Hill in Nanaimo: $515,000 l Cedar: $1,075,000 l Central Nanaimo: $643,067 l Chase River Area of Nanaimo: $756,300 l Departure Bay in Nanaimo: $871,286 l Diver Lake in Nanaimo: $828,967 l Extension area in Nanaimo: $520,000 l Hammond Bay in Nanaimo: $1,111,875 l Lower Lantzville: $935,000 l North Jingle Pot: $1,189,000 l North Nanaimo: $1,035,136 l Old City Nanaimo: $601,333 l Pleasant Valley in Nanaimo: $689,967 l South Jingle Pot in Nanaimo: $761,000 l South Nanaimo: $681,870 l University District in Nanaimo: $904,648 l Uplands in Nanaimo: $672,528 l Upper Lantzville: $1,366,500 l Bowser & Deep: $1,014,000 l Fairwinds: $1,321,650 l French Creek: $1,079,750 l Nanoose: $1,525,500 l Parksville: $929,070 l Qualicum Beach: $896,764 l North Qualicum: $880,000 l Alberni Valley: $720,000 l Port Alberni: $541,018 l Ucluelet: $783,000 l

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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  • Lot 94 HARRISON Way in Gabriola Island: Isl Gabriola Island Land for sale (Islands) : MLS®# 961924

    Lot 94 HARRISON Way Isl Gabriola Island Gabriola Island V0R 1X2
    Main Photo: Lot 94 HARRISON Way in Gabriola Island: Isl Gabriola Island Land for sale (Islands) : MLS®# 961924

    Lot 94 HARRISON Way Gabriola Island V0R 1X2 Isl Gabriola Island

    $290,000
    Residential
    Status:
    Active
    MLS® Num:
    961924
    Introducing a remarkable opportunity to own a slice of paradise on the enchanting Gabriola Island. Nestled on this breathtaking island, this rectangular flat lot spans 0.43 acres, offering an expansive canvas for your dream home. Complete with a never before used septic system, ready for a 3-bedroom residence, development is a breeze. Power provision is hassle-free with a nearby power pole, simplifying the process of bringing electricity to your future home. Enjoy the convenience of an easy walk to the ferry terminal, marina, local pub, town center, farmers market, & beaches. This location epitomizes convenience & accessibility. For golf enthusiasts, a quick round at the local course is only 5 min drive. Experience privacy on the back-side of this lot, allowing you to relish in tranquility & seclusion. Don't miss out on this enchanting island retreat! More details
    Listed by eXp Realty
    LISTING DETAILS
    BUY THIS HOME WITH JASON ANSON

  • 542 Carnation Pl in Saanich: SW Tillicum Condo for sale (Saanich West) : MLS®# 961911

    542 Carnation Pl SW Tillicum Saanich V8Z 6G5
    OPEN HOUSE: Apr 28, 2024
    01:00 PM - 03:00 PM PDT
    Open House on Sunday, April 28, 2024 1:00PM - 3:00PM Affordable living close to shopping and bus route! Be at one with nature living across the street from Colquitz Trails. This updated 2 bedroom, 1 bathroom condo won't be on the market long!! Hosted by Jay Rockwell and Brian Corfield.
    Main Photo: 542 Carnation Pl in Saanich: SW Tillicum Condo for sale (Saanich West) : MLS®# 961911

    542 Carnation Pl Saanich V8Z 6G5 SW Tillicum

    $490,000
    Residential
    Status:
    Active
    MLS® Num:
    961911
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    954 sq. ft.
    OPEN HOUSE SUNDAY APRIL 28 FROM 1-3. Quick possession available with this excellent 2 bedroom affordable home! Upgraded kitchen, bathroom, flooring and paint. Comes with murphy bed for that unexpected company we get when we live in our island paradise. New windows are paid for and coming soon. This family-friendly neighbourhood complex offers amenities like a pool, basketball court, and clubhouse. Centrally located, close to schools, Colquitz Park, Tillicum Mall, Uptown and Silver City. Situated on a bus route and an easy walk to most amenities. Don't miss out - Call your Realtor today! More details
    Listed by Royal LePage Coast Capital - Chatterton
    LISTING DETAILS
    BUY THIS HOME WITH JASON ANSON

  • 00 victoria Bay in Victoria: Vi Jubilee Business for sale : MLS®# 961922

    00 victoria Bay Vi Jubilee Victoria A1A 2B2
    Main Photo: 00 victoria Bay in Victoria: Vi Jubilee Business for sale : MLS®# 961922

    00 victoria Bay Victoria A1A 2B2 Vi Jubilee

    $319,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    961922
    This licensed safety training school offers diverse courses under British Columbia's safety programs, catering to numerous companies' needs for trained and licensed personnel. Renowned in transportation, construction, public works, and emergency services, they've built a solid reputation over 25 years, demonstrating reliability and market leadership. With ample room for growth in a thriving industry, the business operates below its capacity, offering buyers flexibility in work commitment and promising returns. Retirement creates the opportunity to take this operation to the next level. A signed NDA is required for a complete information package. More details
    Listed by Jonesco Real Estate Inc
    LISTING DETAILS
    BUY THIS HOME WITH JASON ANSON
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  • 316 797 Tyee Rd in Victoria: VW Victoria West Condo for sale (Victoria West) : MLS®# 961762

    316 797 Tyee Rd VW Victoria West Victoria V9A 7R4
    Main Photo: 316 797 Tyee Rd in Victoria: VW Victoria West Condo for sale (Victoria West) : MLS®# 961762

    316 797 Tyee Rd Victoria V9A 7R4 VW Victoria West

    $424,900
    Residential
    Status:
    Active
    MLS® Num:
    961762
    Bathrooms:
    1
    Floor Area:
    466 sq. ft.
    Welcome to the trendy Railyards waterfront community. This quaint condo boasts loads of natural light with floor-to-ceiling windows. The kitchen is well-appointed with stainless steel appliances. Updates include new flooring, a new washer & dryer, and freshly painted. The condo has lots of closet space, a generous 4-piece bathroom, and accessible in-suite laundry. Enjoy soaking up the sun on the balcony and barbecuing with friends. This home is conveniently located along the Gorge Waterway and is within walking distance of all the amenities of the Westside Village and the downtown core. Zip on your bike or take a stroll along the Galloping Goose trail. Enjoy vibrant Victoria with its entertainment, shopping, and dining. This well-run strata allows rentals, is pet friendly, and has no age restrictions. This exceptional studio suite has a secure parking space, bike storage, and separate storage. More details
    Listed by Pemberton Holmes - Cloverdale
    LISTING DETAILS
    BUY THIS HOME WITH JASON ANSON

  • 24 215 Port Augusta St in Comox: CV Comox (Town of) Retail for lease (Comox Valley) : MLS®# 961787

    24 215 Port Augusta St CV Comox (Town of) Comox V9M 3M9
    Main Photo: 24 215 Port Augusta St in Comox: CV Comox (Town of) Retail for lease (Comox Valley) : MLS®# 961787

    24 215 Port Augusta St Comox V9M 3M9 CV Comox (Town of)

    $22.50 /sqft
    Commercial Lease
    Status:
    For Lease
    MLS® Num:
    961787
    Immaculate move in ready commercial space to lease in the heart of downtown Comox in the Comox Center Mall. Space here rarely becomes available so don't miss your opportunity in this thriving location; The unit extends to 1426 sq ft and has air conditioning and HVAC; Includes washroom, store room and separate office space as well as the main office/retail area. Ground level access, no stairs, wheelchair accessible. Shops, services, restaurants, medical and dental clinics, public transit all in the mall or nearby; Extensive mall parking available. More details
    Listed by Royal LePage-Comox Valley (CV)
    LISTING DETAILS
    BUY THIS HOME WITH JASON ANSON

  • 205 1105 Henry Rd in Courtenay: CV Mt Washington Condo for sale (Comox Valley) : MLS®# 961681

    205 1105 Henry Rd CV Mt Washington Courtenay V9J 1L0
    Main Photo: 205 1105 Henry Rd in Courtenay: CV Mt Washington Condo for sale (Comox Valley) : MLS®# 961681

    205 1105 Henry Rd Courtenay V9J 1L0 CV Mt Washington

    $254,900
    Residential
    Status:
    Active
    MLS® Num:
    961681
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    600 sq. ft.
    Recently updated one bedroom condo with views of the ski runs! This second floor condo has an open layout, lots of natural light and a propane fireplace. Access to the complex is easy and there is lots of open parking for guests, tenants and owners. The building has recently been resided with Hardiplank and it is well managed. All the condos are one bedroom units so you can expect fewer people and quieter renters during your stay. You can rent the property daily, weekly, monthly or long-term. There is a ski locker room with waxing tables plus a small lounge area at the front entry. The property is located in good proximity to cross country ski trails, snowshoeing and it is easy access to the ski resort. Strata fees are $360 per month. More details
    Listed by RE/MAX Ocean Pacific Realty (CX)
    LISTING DETAILS
    BUY THIS HOME WITH JASON ANSON

  • 22 2160 Hawk Dr in Courtenay: CV Courtenay East Row/Townhouse for sale (Comox Valley) : MLS®# 961840

    22 2160 Hawk Dr CV Courtenay East Courtenay V9N 9B2
    Main Photo: 22 2160 Hawk Dr in Courtenay: CV Courtenay East Row/Townhouse for sale (Comox Valley) : MLS®# 961840

    22 2160 Hawk Dr Courtenay V9N 9B2 CV Courtenay East

    $499,000
    Residential
    Status:
    Active
    MLS® Num:
    961840
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,230 sq. ft.
    Unit 22 in Trumpeter Greene’s complex is something to be seen. Centrally located in East Courtenay, this development is minutes from community parks, shopping centers, schools, and makes accessing both Comox and Courtenay easy! The strata is run hands on, well maintained, and is pet friendly (up to 25 lbs). This updated 3 bed, 2 bath offers spacious family living at 1230 square feet with a private, fenced in patio space. The unit features stainless steel kitchen appliances, tile backsplash, in-house laundry, an open concept dining to living room concept, and is freshly painted throughout. Cozy up in front of the gas fireplace in the winter, and grab your outdoor gear from the garage come Spring! More details
    Listed by RE/MAX Ocean Pacific Realty (CX)
    LISTING DETAILS
    BUY THIS HOME WITH JASON ANSON

  • 102 129 Back Rd in Courtenay: CV Courtenay East Condo for sale (Comox Valley) : MLS®# 961831

    102 129 Back Rd CV Courtenay East Courtenay V9N 3W5
    Main Photo: 102 129 Back Rd in Courtenay: CV Courtenay East Condo for sale (Comox Valley) : MLS®# 961831

    102 129 Back Rd Courtenay V9N 3W5 CV Courtenay East

    $392,500
    Residential
    Status:
    Active
    MLS® Num:
    961831
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    994 sq. ft.
    Gary Oak Gardens is ready to welcome you! This well maintained strata development is quiet, clean, and well maintained with underground parking, wheelchair accessibility, and pet allowances. The 2 bedroom 2 bathroom end unit condo offers tons of natural light, in-house laundry, ample storage, and an open concept main living area. The kitchen is complete with stainless steel appliances, plenty of counter space with a kitchen island, and seamlessly connects the living room and patio. Enjoy your privacy on the covered patio on a no-through road in a quiet residential area, while being close to all amenities. Walking distance from shopping, medical centers, restaurants, and North Island College, and just minutes in the car from downtown Courtenay, this area is wonderfully centrally located and move-in ready! More details
    Listed by RE/MAX Ocean Pacific Realty (CX)
    LISTING DETAILS
    BUY THIS HOME WITH JASON ANSON

  • 109 205 1ST St in Courtenay: CV Courtenay City Condo for sale (Comox Valley) : MLS®# 961727

    109 205 1ST St CV Courtenay City Courtenay V9N 1A5
    Main Photo: 109 205 1ST St in Courtenay: CV Courtenay City Condo for sale (Comox Valley) : MLS®# 961727

    109 205 1ST St Courtenay V9N 1A5 CV Courtenay City

    $409,000
    Residential
    Status:
    Active
    MLS® Num:
    961727
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    966 sq. ft.
    Great starter home or rental investment property! Located in the sought after Puntledge Terrace riverfront strata complex, just a short stroll from Courtenay’s popular 5th Street shopping district, this well-kept ground floor two-bedroom apartment provides affordable convenience in a natural setting. The home features a galley kitchen with stainless steel appliances. Adjacent dining & spacious living room are warmed by an electric fireplace and both offer views of the strata’s large riverfront park, the Puntledge river and nature behind. Two large bedrooms & a well-equipped bathroom and separate storage area complete this move-in ready opportunity. Don’t miss out – book your viewing today! More details
    Listed by RE/MAX Ocean Pacific Realty (CX)
    LISTING DETAILS
    BUY THIS HOME WITH JASON ANSON

  • C12 2157 Regent Rd in Black Creek: CV Merville Black Creek Manufactured Home for sale (Comox Valley) : MLS®# 961844

    C12 2157 Regent Rd CV Merville Black Creek Black Creek V9J 1K7
    Main Photo: C12 2157 Regent Rd in Black Creek: CV Merville Black Creek Manufactured Home for sale (Comox Valley) : MLS®# 961844

    C12 2157 Regent Rd Black Creek V9J 1K7 CV Merville Black Creek

    $229,900
    Residential
    Status:
    Active
    MLS® Num:
    961844
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    753 sq. ft.
    Immaculate, lovingly maintained, charming garden side 3 bedroom modular home located in a quiet park close to the beloved Saratoga beach, boat launch, walking distance to grocery store, medical clinic, pharmacy, liquor store, coffee shop, pizza place, the Oyster River, golf course and driving range. Enjoy the beautiful gardens from the covered veranda space or the sunny patio. This home offers privacy and comfort with a fresh airy feel, lots of natural light and fresh paint. Electrical inspection just completed on home with all electrical now up to today’s standards. Large carport with good sized storage room offers great protection from the elements and a nice amount of storage space. There is public bus service to both Courtenay and Campbell River. RV Parking located in park. Come see how lovely this affordable option is! More details
    Listed by RE/MAX Ocean Pacific Realty (Crtny)
    LISTING DETAILS
    BUY THIS HOME WITH JASON ANSON

  • Cabin 3 1136 North End Rd in Salt Spring: GI Salt Spring Recreational for sale (Gulf Islands) : MLS®# 961757

    Cabin 3 1136 North End Rd GI Salt Spring Salt Spring V8K 1M1
    Main Photo: Cabin 3 1136 North End Rd in Salt Spring: GI Salt Spring Recreational for sale (Gulf Islands) : MLS®# 961757

    Cabin 3 1136 North End Rd Salt Spring V8K 1M1 GI Salt Spring

    $334,000
    Residential
    Status:
    Active
    MLS® Num:
    961757
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    503 sq. ft.
    If you dream of a lakeside life, look no further than this adorable and affordable bright and cheery detached one bedroom cottage at Cedar Beach Resort on St. Mary’s Lake. Gorgeous lake views with pretty sunrises and sunsets, this sweet cabin has been extensively renovated, with loads of natural light, floor to ceiling windows, French doors from living/dining and from bedroom to the West-facing deck, and a stylish décor palette. The 4 acre co-op resort enjoys common area lakefront, with a sandy beach, dock and a boathouse clubhouse, all set up for premium enjoyment of the lake. Onsite management with a nightly rental program for peace of mind and additional income when you are away. Bring your swimsuit, fishing rod, paddleboard and prepare for the time of your life! More details
    Listed by Macdonald Realty Salt Spring Island
    LISTING DETAILS
    BUY THIS HOME WITH JASON ANSON

  • 15C 2315 Mackinnon Rd in Pender Island: GI Pender Island Recreational for sale (Gulf Islands) : MLS®# 961890

    15C 2315 Mackinnon Rd GI Pender Island Pender Island V0N 2M1
    Main Photo: 15C 2315 Mackinnon Rd in Pender Island: GI Pender Island Recreational for sale (Gulf Islands) : MLS®# 961890

    15C 2315 Mackinnon Rd Pender Island V0N 2M1 GI Pender Island

    $178,000
    Residential
    Status:
    Active
    MLS® Num:
    961890
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    750 sq. ft.
    Beautiful 2-bed, 2-bath resort cottage. 1/4 share ownership one week per month with two weeks in the summer consecutively. Marina views from your back deck, with an ocean view from your front door. The open concept living area features a fully equipped kitchen, a comfortable living room with a propane fireplace, and dining room. Both bedrooms are on the second floor, with views. 2 pcs bath on the main level and full bathroom next to the bedrooms. Monthly fees include all maintenance inside and out, plus the property taxes. A large owners' pool and Marina next door. You can rent out your week, or a travel agency will do the work for you. The cottage comes fully furnished and stocked. All measurements are approx., it is up to the buyer and their agent to verify. Open House May 4, 2024, 2pm - 4pm. More details
    Listed by Dockside Realty Ltd.
    LISTING DETAILS
    BUY THIS HOME WITH JASON ANSON
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Data was last updated April 27, 2024 at 08:05 PM (UTC)
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
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