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.

1,729-1,740/1,769
  • 3994 Shelbourne St in Saanich: SE Gordon Head Office for lease (Saanich East) : MLS®# 921587

    3994 Shelbourne St SE Gordon Head Saanich V8N 1E2
    Main Photo: 3994 Shelbourne St in Saanich: SE Gordon Head Office for lease (Saanich East)  : MLS®# 921587
    $25 /sqft
    Commercial Lease
    Status:
    For Lease
    MLS® Num:
    921587
    FOR LEASE: Attractive office in Gordon Head area of Victoria, BC. Situated in a desirable and well run office /retail strata complex, this 2nd floor 1122 sq ft strata unit includes 5 exam rooms, reception and kitchenette and would suit a variety of office uses including accounting, financial, medical or tech users among others. Nicely improved, served by hvac, with ample natural light. Common washrooms and common parking areas in the complex and opportunity for good exterior signage. Just north of University Heights Mall in a busy and growing Saanich commercial hub with extensive commercial and residential re-development projects underway or planned nearby. Available NOW. Please do not visit site - call agent first. More details
    Listed by Firm Management Corporation
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  • 915 Gordon St in Victoria: Vi Downtown Business for sale : MLS®# 921737

    915 Gordon St Vi Downtown Victoria V8W 3P9
    Main Photo: 915 Gordon St in Victoria: Vi Downtown Business for sale : MLS®# 921737
    $72,500
    Commercial Sale
    Status:
    Active
    MLS® Num:
    921737
    Great opportunity to operate this great little coffee shop in Victoria right near the inner harbour. Only $2000 a month for this 630 square foot location with a new year term starting in February. Open since 2008, and ready for new energy! Please do not approach directly, contact Listing Agent to book a private showing. More details
    Listed by
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  • 540 645 Fort St in Victoria: Vi Downtown Office for lease : MLS®# 920753

    540 645 Fort St Vi Downtown Victoria V8W 1Z9
    Main Photo: 540 645 Fort St in Victoria: Vi Downtown Office for lease : MLS®# 920753
    $16 /sqft
    Commercial Lease
    Status:
    For Lease
    MLS® Num:
    920753
    The Yarrow Building is one of Downtown Victoria's beautiful heritage buildings, located at Fort, Broad and Broughton Streets. Unit 540 (5,552.1 SF) will be available as of November 1, 2023 and improved to a modern office standard (currently occupied by a professional accounting firm) with several offices, workspaces and meeting rooms. The adjacent office in 540A (467.2 SF) is also available November 1 for a potential combined area of 6,019.3 SF. This well maintained heritage building offers opening windows with lots of natural light, a shared boardroom facility, secure bike storage and a common shower facility. The Yarrow has several office units so check with the listing agent for what is currently available. More details
    Listed by Colliers
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  • 737 Fort St in Victoria: Vi Downtown Office for lease : MLS®# 919864

    737 Fort St Vi Downtown Victoria V8W 2V1
    Main Photo: 737 Fort St in Victoria: Vi Downtown Office for lease : MLS®# 919864
    $28 /sqft
    Commercial Lease
    Status:
    For Lease
    MLS® Num:
    919864
    Downtown Heritage Building for lease. Stunning heritage façade with modern upgrades provide a great location for any office use. The building is a total of 5364 SF with 2735 SF on the main and 2629 SF on the second floor. The main floor Base Rate is $28/SF while the 2nd floor Base Rate is $22.00/SF. The building was originally constructed in 1912, with a rear addition made in 1966. This is a rare opportunity to lease an entire office building on one of Victoria's premier street frontages More details
    Listed by Colliers
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  • 2009 Lambert Dr in Courtenay: CV Courtenay City Land for sale (Comox Valley) : MLS®# 919744

    2009 Lambert Dr CV Courtenay City Courtenay V9N 9S8
    Main Photo: 2009 Lambert Dr in Courtenay: CV Courtenay City Land for sale (Comox Valley)  : MLS®# 919744
    $289,900
    Residential
    Status:
    Active
    MLS® Num:
    919744
    Located on a prime corner lot, this property is the perfect canvas for your next home-building project. This presents a unique opportunity for expansion or the creation of a larger property. Whether you're an experienced builder looking for a new challenge or a homeowner looking to bring your dream house to life, this is a perfect location with nice streetscape. Don't hesitate to seize this opportunity and start building your perfect home today! More details
    Listed by Royal LePage-Comox Valley (CV)
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  • E 3218 3rd Ave in Port Alberni: PA Port Alberni Warehouse for lease : MLS®# 919195

    E 3218 3rd Ave PA Port Alberni Port Alberni V9Y 4E1
    Main Photo: E 3218 3rd Ave in Port Alberni: PA Port Alberni Warehouse for lease : MLS®# 919195
    $7.50 /sqft
    Commercial Lease
    Status:
    For Lease
    MLS® Num:
    919195
    Warehouse space for lease in a building with modern exterior, parking and excellent exposure along 3rd Avenue, in a rejuvenated area close to great restaurants, pub and Harbour Quay. Bring your plans to this approximately 1287 square foot space. Owners willing to assist in making space suit tenant needs. All measurements are approximate and must be verified if important. More details
    Listed by RE/MAX of Nanaimo - Dave Koszegi Group
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  • Lot 1 Porlier Pass Rd in Galiano Island: GI Galiano Land for sale (Gulf Islands) : MLS®# 918053

    Lot 1 Porlier Pass Rd GI Galiano Galiano Island V0N 1P0
    Main Photo: Lot 1 Porlier Pass Rd in Galiano Island: GI Galiano Land for sale (Gulf Islands)  : MLS®# 918053
    $275,000
    Residential
    Status:
    Active
    MLS® Num:
    918053
    Build your dream house and a cottage! This tranquil, unspoiled property could be yours - lots like this do not come up often on Galiano! This island is a magical, serene place to call home, with old growth forests and pebble & sandstone beaches. The property is 1+ acre is overflowing with ferns, firs and cedars in a natural forested habitat. The Government Wharf is just down the road and across the street, easy access if you are travelling by boat. The back of the property is cleared and is bright and sunny. There are many artisans in the area, including a glass and pottery studio and close to the former Galiano Island Film and Television School. This property has been in the family since the 1960's. It is now time for another family to make this their sanctuary. More details
    Listed by Macdonald Realty Victoria
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  • 890 Wembley Rd in French Creek: PQ French Creek Business for sale (Parksville/Qualicum) : MLS®# 918514

    890 Wembley Rd PQ French Creek French Creek V9P 2E6
    Main Photo: 890 Wembley Rd in French Creek: PQ French Creek Business for sale (Parksville/Qualicum)  : MLS®# 918514
    $355,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    918514
    Well established Sushi restaurant reputed to be the best in the area. Sam uses only the freshest ingredients and prepares these mouth watering treats on the premises as they are ordered. The business has been in operation for many years and has excellent highway frontage and high visibility for passing tourists and residents alike. Ample parking and ease of access to the lot from 2 sides makes this abundantly accessible location the prefect place to pull in for an in house experience or a quick pick up to take home. Do not delay as this opportunity does not come along often. The right owner will see immediate income as the template is in place to take advantage of the successful business Sam has built over the years. More details
    Listed by NAI Commercial Central Vancouver Island Ltd.
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  • Lot 1 4670 Goldstream Heights Dr in Malahat: ML Malahat Proper Land for sale (Malahat & Area) : MLS®# 917365

    Lot 1 4670 Goldstream Heights Dr ML Malahat Proper Malahat V8N 4A2
    Main Photo: Lot 1 4670 Goldstream Heights Dr in Malahat: ML Malahat Proper Land for sale (Malahat & Area)  : MLS®# 917365
    $489,000
    Residential
    Status:
    Active
    MLS® Num:
    917365
    Premium view acreage in the Goldstream Heights Subdivision. Lot 1 has amazing north Easterly views of the ocean, mountains and valley. With 5 acres you can build your dream home and enjoy being away from it all yet close to Langford, Victoria, Duncan, Shawnigan Lake and Mill Bay. Hydro is at the lot line, well drilled and peculation done for the septic field. More details
    Listed by
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  • 780 Fisgard St in Victoria: Vi Downtown Office for lease : MLS®# 915723

    780 Fisgard St Vi Downtown Victoria V8W 0E1
    Main Photo: 780 Fisgard St in Victoria: Vi Downtown Office for lease : MLS®# 915723
    $30 /sqft
    Commercial Lease
    Status:
    For Lease
    MLS® Num:
    915723
    Move-in ready office space in the Hudson District. This space is currently home to TLHS which has built a beautiful turnkey office space in Downtown Victoria. Ground level space allows for great signage and exposure for any business. This 2172 SF unit's current layout includes 3 large private offices, reception, open work area, boardroom, staffroom and fully accessible universal washroom. On site parking for staff can be negotiated at current market rates, plus free underground visitor parking. Steps to all the amenities at the Victoria Public Market and downtown Victoria. More details
    Listed by Colliers
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  • 301 495 Dunsmuir St in Nanaimo: Na Old City Office for lease : MLS®# 917026

    301 495 Dunsmuir St Na Old City Nanaimo V9R 6B9
    Main Photo: 301 495 Dunsmuir St in Nanaimo: Na Old City Office for lease : MLS®# 917026
    $9 /sqft
    Commercial Lease
    Status:
    For Lease
    MLS® Num:
    917026
    Unit 301 offers 8,578 square feet of modern, open floor office space, with unparalleled harbour, city and Mount Benson views; and is available immediately. Located within Dunsmuir Place: a prominent office and retail building on the corner of Dunsmuir & Albert Streets, in an area of established commercial development and numerous amenities, next door to the City of Nanaimo Service and Resource Centre, across the street from Nanaimo City Hall and one block from downtown Nanaimo. Tenants include Central Drugs, Discovery Community College, and many other medical, government and general office tenants. More details
    Listed by Colliers International (Nan)
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  • 607 495 Dunsmuir St in Nanaimo: Na Old City Office for lease : MLS®# 917034

    607 495 Dunsmuir St Na Old City Nanaimo V9R 6B9
    Main Photo: 607 495 Dunsmuir St in Nanaimo: Na Old City Office for lease : MLS®# 917034
    $10 /sqft
    Commercial Lease
    Status:
    For Lease
    MLS® Num:
    917034
    Unit 607 offers 3,362 square feet of modern office space, with unparalleled harbour, city and Mount Benson views; and is available immediately. Located within Dunsmuir Place: a prominent office and retail building on the corner of Dunsmuir & Albert Streets, in an area of established commercial development and numerous amenities, next door to the City of Nanaimo Service and Resource Centre, across the street from Nanaimo City Hall and one block from downtown Nanaimo. Tenants include Central Drugs, Discovery Community College, Western Forest Products and many other medical, government and general office tenants. More details
    Listed by Colliers International (Nan)
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1,729-1,740/1,769
Data was last updated May 16, 2024 at 04:05 AM (UTC)
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