Vancouver East Victoria VE Condos for Sale, MLS® Listings - StrawHomes.com

Victoria Neighborhood Vancouver BC - Short Introduction

Victoria is a quiet neighborhood located on the East Coast of Vancouver city. Vancouver is one of the most expensive cities to live in British Columbia, however, the Victoria neighborhood is much more affordable.

The main reason why many neighborhoods are expensive in Vancouver is that the majority of the single-family houses and residential houses were built before 1940. Most of the luxurious properties are inherited by the children of rich families. Another reason why Vancouver is so expensive is the number of investors and owners of buildings in Vancouver that came from outside the country with foreign money.

People that are looking to buy a property in Vancouver are looking for cheaper neighborhoods since you get almost the same views, recreational activities, and other facilities, and the neighborhood of Victoria is not only affordable but shines in these categories as well. The district real estate board shows that over 226 condos are for sale in Victoria BC.

Why you should buy a condo in Victoria BC

Single-family houses and residential properties are among the most expensive types of buildings in Victoria. The price is also increased by the services provided, architecture, modern style, number of chambers, the total surface area, and other details. There's no wonder why so many people are looking for condos to buy in Victoria BC since the buying price is way lower than a single-family house and a condo is even cheaper than an apartment.

The main reason why people are looking for condos, especially in residential areas such as Vancouver city is the buying price. Compared to the buying price of a single-family house, a condo can be even $2 or $3 million cheaper. Considering the cost of living, which can be pretty high, combined with the buying cost, a condo can actually be one of the best options for most people, and many residents in Victoria BC are selling condos.

There are some other neighborhoods in Vancouver city where the same condo can be found listed at a double price compared to the one from Victoria. Some of the condos can be viewed using virtual tours so people can see them before going to the trouble of getting there in person.

Another reason people are looking to buy a condo instead of a house or an apartment in Victoria BC is the extra services, facilities, and amenities they get. For most of the condos, these services may include access to a swimming pool, access to a private gym, parking space or a garage, laundry room, a big lounge, kids playground area, a small backyard, a small garden, and so on.

These amenities are really important for some people and even for the elderly since there are condos that are offering special facilities for the seniors. All of these have to be paid usually every month and the price is different since not every condo offers the same amenities. But usually, the monthly fee for these amenities in Victoria BC starts from $250 and can go up to $1000. The more extra amenities and facilities you get, the more you will have to pay monthly.

Condos for sale in Victoria BC - Canadian Real Estate Association - Property Information & Independent Verification

Right now there are quite a few condos listed for sale in Victoria, over 226. The cheapest condo is listed at the price of only $350.000.

This condo was built in 1981 and it has a total surface area of 791 sq ft. It has one bedroom and one bathroom. It also has a big open space living room with kitchen and a nice dining table. The flooring is laminate new and its paint and furniture were recently changed.

You have a wood-burning fireplace, and in-suite laundry, storage locker, secure underground parking stall, and bike storage. All of the amenities included cost $283 monthly. This is one of the cheapest condos but there are many more listed at the price of $300.000 to $400.000.

District Board of Real Estate in Victoria BC

Another one that has a higher price of $1 million is a very luxurious one and can be the next home for a family that has that much money to pay for a condo. This condo has a total surface area of 2097 sq ft! That's a lot of space for a condo, and it was built in 2001, having 3 bedrooms and 3 bathrooms.

It was recently finished by a professional designer and only premium materials were used for the renovation. It has a walk-in closet, ensuite bathroom with separate soaker tub and showers, French doors, premium hardwood oak flooring, ample storage on the ground level, and 2 parking spaces. The monthly fees for all the amenities provided for this condo are $450. Still, not too bad for a $1 million buying price condo.

When it comes to Victoria BC, the best option is undoubtedly either a condo or a townhouse. The price of a decent apartment can actually be the same as a townhouse, so why not go for the house instead. Still, when it comes to the money to value ratio, the condo wins. As presented before, you can find condos in Victoria with a starting price of $300.000 and they can easily go up and even pass the $1 million line.

Identify Real Estate Professionals, Victoria Real Estate Board

Professionals who are members of CREA are the best agents to look for when you wish to sell or buy an estate on Vancouver Island. Realtors display the purchase price of every neighbourhood, MLS listings, and you can identify them through the associated logos. Check the website of the realtor, to make sure that they are members of CREA. Realtor members of CREA have the most experience in serving you with the best condos, houses, apartments in any Vancouver neighborhood.

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