Vancouver Island Homes for Sale Under $500 k brings together current listings that offer a balance of affordability and comfort across communities from Victoria to Campbell River. Whether you're looking for a starter home, downsizing, or investing, this page directs you to properties that fit within your budget while offering desirable features. Use it to explore options by area, compare styles, and find the best home for your needs.

Up to $500K
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Vancouver Island Homes for Sale Under $500K FAQ

What can I buy under $500K on Vancouver Island?

Vancouver Island Homes for Sale Under $500K often include starter houses, updated manufactured homes, townhomes, and compact cottages in budget-friendly neighbourhoods.

How available are homes under $500K?

Vancouver Island Homes for Sale Under $500K appear most in smaller centres and inland areas, with fewer options near Victoria and popular waterfront communities.

What features should I expect at this price point?

Vancouver Island Homes for Sale Under $500K commonly offer two to three bedrooms, modest yards, older finishes, and some with suites or workshop space.

What extra costs should I plan for beyond price?

Vancouver Island Homes for Sale Under $500K still involve closing costs like property transfer tax, legal fees, inspections, insurance, and due diligence on wells or septic where applicable.

Browse Homes for Sale on Vancouver Island

Search MLS listings by price, property type, and location. From affordable starter homes to waterfront estates, acreages, and family neighbourhoods, find the right fit for your lifestyle and budget.

Vancouver Island Real Estate Resources

Get expert guidance on selling, buying, and protecting your equity. Access home valuations, market insights, and trusted support for your next move across Vancouver Island communities.

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From the North Island wilderness to the charm of the Gulf Islands, each region offers unique communities, housing options, and lifestyle experiences. Discover which area best fits your family, retirement plans, or career goals.