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New Listings in Downtown, Victoria

New Listings in Downtown, Victoria

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Downtown Market

Use our home price trends to better gauge local market conditions and plan your next move. The graphs below show benchmark or average prices of homes sold in the area. Data generated by MLS® Systems and the MLS® Home Price Index (HPI) — Canada’s most advanced tool to gauge local home price levels and trends.
Year over year
Past 10 years
Market Price (CAD)
$889,600
Difference over last year (%)
-0.5
Ask a REALTOR® for more detailed market information.

Downtown

The neighbourhood of Downtown Victoria is part of the city of Victoria, British Columbia, which is situated in the Greater Victoria metropolitan area.

Transportation

Downtown is an excellent neighbourhood for environmentally friendly transportation options. With about 30 nearby bus lines, home buyers can depend on public transit to travel in Downtown. It is also especially convenient for people walking to navigate Downtown; running day-to-day errands is very convenient without a car, and many businesses are rather close by. Physically active house buyers will be pleased with the very cycling-friendly character of Downtown. For example, there are a good number of bike lanes.

Services

Both general and specialty grocery stores are ordinarily accessible within a very short trip from any home in this area. In addition, there are over 200 restaurants and over 50 cafes to benefit from in Downtown. Residents benefit from very many nearby clothing stores, for instance along Government Street. As far as education is concerned, it is a very short walk to reach daycares and schools from most houses for sale in Downtown.

Character

Downtown offers a variety of experiences for those who enjoy a vibrant atmosphere and spending time outdoors. Finding things to do in this area is very easy. Even though there are few nearby entertainment venues, the streets are almost always busy with people, and with its about 30 bars, there are options for nighttime activities. It is very easy to get to green spaces from a lot of locations in the neighbourhood since there are over 50 of them nearby for residents to check out.

Housing

The predominance of large apartment buildings in the housing stock of Downtown is an important part of its character. This part of Victoria also has a choice of unit sizes; this area is particularly good for those looking for one bedroom homes. Renters occupy roughly 70% of the dwellings in the neighbourhood and 30% are occupied by owners. Most of the houses available in the housing market in this part of Victoria were constructed following the year 2000, when a majority of the housing growth took place.