Best Property Types for Long-Term Growth

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🏡  Thinking about investing in Victoria real estate? Discover the smartest property types to buy for long-term growth.. From freehold land to multi-unit homes, townhomes, and condos, I explain where you can maximize your returns and make strategic choices in Victoria’s competitive market. 

👉 Inside this video, you’ll learn: Why freehold land is the top long-term investment in Victoria How multi-unit income properties combine land appreciation with rental income Why townhomes are a strong option in the “missing middle” market What to know about condos, location, and strata health for smart investing Tips for navigating BC tenancy laws if you’re considering rental properties Whether you’re a first-time investor or seasoned buyer, this guide will help you make informed decisions in Victoria’s real estate market.

Build More Homes on Your Property in Greater Victoria

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🏡 Did you know your Victoria property could legally fit up to six homes? BC’s new Bill 44 and the Small-Scale Multi-Unit Housing (SSMUH) policy are reshaping what’s possible on single-family lots across Greater Victoria. In this video, I break down what the new housing rules mean for homeowners, buyers, and investors—in under five minutes. 

👉 Watch to learn:

  • What Bill 44 and SSMUH actually are 
  • How zoning changes impact properties in Victoria, Saanich, and surrounding municipalities
  • How many units you can build (4–6 depending on size and transit) 
  • What restrictions might still apply 
  • And how these changes could affect your property value or investment strategy

These new housing rules could open doors to more density, more opportunity, and higher property potential—but also create confusion for homeowners. If you want help understanding what’s possible on your lot or want to know if your property title has restrictions, I can help you check your zoning and explore your options. 

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I have sold a property at 9445 Canora Rd in Sidney

I have sold a property at 9445 Canora Rd in Sidney on Oct 3, 2025. See details here

Welcome to 9445 Canora Road. Multi-family zoned corner lot. This 1985 one-level rancher offers over 1,500 square feet with a double-car garage. Conveniently located close to Mary's Bleue Moon cafe. Sunken living room with gas fireplace, separate dining room, kitchen with eating space, plus sunroom. 3 bedrooms, including a primary bedroom with a walk-in closet and a 4-piece en-suite, a 4-piece main bathroom, and a double-car garage with additional storage. Plenty of parking for R.V. parking. Lots of possibilities for future consideration to either develop or hold for rental. Call now for an appointment to view

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I have sold a property at 2970 Almartin Pl in Colwood

I have sold a property at 2970 Almartin Pl in Colwood on Sep 30, 2025. See details here

4 bedroom 3 bathroom duplex in Colwood just a few steps from Herm Williams Park at the end of a cul de sac! Layed out over 2 levels , this duplex feels like a single family home. The living room features vaulted ceiling and feels cozy with a wood burning fireplace. The spacious kitchen and dining area .overlooks the private fenced back yard.

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I have sold a property at 494D 4678 Elk Lake Dr in Saanich

I have sold a property at 494D 4678 Elk Lake Dr in Saanich on Oct 1, 2025. See details here

Welcome to this beautifully maintained top-floor residence with over 1,250 sq ft of bright, open living space. Soaring vaulted ceilings, a spacious 2nd-floor loft, and expansive southeast-facing windows fill the home with natural light. The layout features a large primary bedroom, loft-style second bedroom, and an updated 4-piece bath with new vinyl flooring, tub surround, and toilet. The condo has been freshly painted throughout & the main level offers open-concept living and dining. Strata fees include heat, water, and hydro- an exceptional value. Enjoy in-suite laundry, a parking stall, with option to rent a second stall, & a private storage. Centrally located & set back from Elk Lake Drive in a peaceful, nature-filled location just minutes to Elk & Beaver Lake trails, Saanich Commonwealth Place, Royal Oak Centre, and Broadmead Village. A rare opportunity in a prime setting.

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I have sold a property at 2063 Sweet Gale Pl in Shawnigan Lake

I have sold a property at 2063 Sweet Gale Pl in Shawnigan Lake on Sep 30, 2025. See details here

Nestled on a quiet no-through road on the stunning west side of Shawnigan Lake, this fully updated 2-bedroom 2-bathroom rancher on a full crawl space, is the perfect blend of comfort, style, and convenience. Boasting a modern, move-in-ready interior, the home features a bright, open layout and high-quality finishes throughout, with a bonus family room with access to the incredible entertainment patio & backyard. The meticulously maintained landscaping creates a private, park-like setting, while an oversize double car garage and separate RV & boat shelter offer plenty of space for all your toys and tools. Enjoy the added bonus of lake access just steps away via the road for all types of water sports—ideal for enjoying the best of lakeside living without the waterfront price tag. A rare find in a peaceful, community-focused rural location!

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I have sold a property at 201 2580 Penrhyn St in Saanich

I have sold a property at 201 2580 Penrhyn St in Saanich on Sep 19, 2025. See details here

Located just steps from the phenomenal Gyro Beach and Park, this 2nd floor condo offers a blend of comfort, style, and practicality, all while being tucked away in fantastic neighborhood. Built in 2016 by Abstract Developments, the unit features 2 BR's, 2 BA's, and a flexible bonus room - ideal for remote work, hobbies, or added storage. The main living areas flow from kitchen to dining to living room, creating a layout that supports both day-to-day ease as well as entertaining. The living room features an electric fireplace, and the dining area opens to a NW-facing balcony that adds a bright and airy atmosphere. The primary BR includes a 3-pc ensuite and large closet, while the second BR sits near a 4-pc BA and is well-suited for guests, family members, or shared living. Additional highlights include in-suite laundry, a secure storage locker, & one parking stall. Pets are welcome! This home is minutes from everyday essentials while remaining just a short stroll from the ocean’s edge.

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I have sold a property at 2675 Anderson Rd in Sooke

I have sold a property at 2675 Anderson Rd in Sooke on Sep 15, 2025. See details here

Dreaming of escaping the fast-paced city life? Welcome to Malahat Farm — perfect for co-ownership, intergenerational living, or simply enjoying space to grow. Set on 2.5 acres of private, pastoral land, this rare property features an updated 4-bed, 3-bath main home, a 3-bed, 2-bath cottage, and a large detached workshop. Both homes were built using fir flooring, trim, and cedar siding milled on site, offering warmth and rustic charm. Thoughtful updates from 2018–2021 include an open-concept kitchen, metal roofs, heat pumps, water treatment systems, updated baths, new septic for the cottage, fresh interior/exterior paint, and a large deck overlooking peaceful pastures and mature fruit trees. Located in a growing West Coast tourism corridor, it’s just a short drive to Sooke and walking distance to the beach. This property is rich with history dating back to 1886. Whether you're seeking a retreat, shared lifestyle, or a working homestead this is truly a special spot.

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I have sold a property at 102 898 Vernon Ave in Saanich

I have sold a property at 102 898 Vernon Ave in Saanich on Sep 15, 2025. See details here

Check This Out! Centrally located on Vernon Ave at Chelsea Green. This unit is walking distance to Saanich Centre and Uptown Mall, close to downtown core. QUIET TWO bed, TWO bath end corner suite, with $20,000 walk in heated jacuzzi tub for all those aches and pains and with heated tile bathroom floor suggests relaxation. Laminate flooring and carpet, large in suite separate laundry room for extra storage. Very private patio facing the courtyard makes for easy environment if you have a pet. Heat your home with cozy fireplace , gas included in your strata fees! Underground secured parking and BONUS our pets are allowed. Conveniently located near shopping, restaurants and bus routes. This ground floor private unit is a gem that you must view!

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I have sold a property at 219 409 Swift St in Victoria

I have sold a property at 219 409 Swift St in Victoria on Sep 8, 2025. See details here

Experience affordable WATERFRONT living in the heart of Victoria’s historic downtown at Mermaid Wharf! Enjoy the quiet atmosphere of this well-maintained steel and concrete building which is central to everything downtown has to offer including restaurants and amazing ocean views. This bright studio features 9-foot ceilings, creating a cozy and inviting atmosphere. The living area features a charming fireplace, laminate flooring, and stunning water views. Your new home also includes a 4-piece bathroom with a shower and tub. There is also a generous hallway closet and additional locker for all of your storage needs. Plus, enjoy the bonus rooftop deck with incredible harbor views and BBQ, perfect for entertaining. The building is pet friendly and the ideally located Mermaid Wharf offers a very walkable location providing the perfect blend of waterfront living, with scenic views that enhance every experience. Perfect for first-time buyers and investors in search of affordability.

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I have sold a property at 302 3263 ALDER St in Saanich

I have sold a property at 302 3263 ALDER St in Saanich on Sep 5, 2025. See details here

This large bright, top floor, east facing unit offers generous rooms sizes throughout. Vaulted ceiling in the living room, eyebrow window, crown molding, large skylight in the dining room, laminate flooring and very generous bedroom with cheater en-suite. Access the balcony from both the living room bedroom and enjoy the peaceful outlook. Separate in-suite laundry room. Includes a parking spot and extra storage. Common bike room. Convenient, quiet location, within walking distance to amenities. Close to Uptown, Mayfair Mall & Rutledge Park.

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I have sold a property at 202 1745 LEIGHTON Rd in Victoria

I have sold a property at 202 1745 LEIGHTON Rd in Victoria on Aug 28, 2025. See details here

Welcome to Harrington House, perfectly located on the Victoria/Oak Bay border! This well-maintained, steel & concrete building features 2 beds, 2 bath & bonus space(3rd Bed or den)- flexible for your lifestyle needs. Step onto the sun-drenched, south-facing balcony & enjoy your private slice of serenity - a perfect spot to sip morning coffee or relax after a long day. Inside, the open living area is a warm & welcoming atmosphere, ideal for both quiet nights in & entertaining guests. Concrete build, has 1 secure UG parking w/EV chargers, separate storage, bike storage, workshop, games room/lounge & shared laundry on every floor. Located steps from Oak Bay Village, Royal Jubilee Hospital, Save-On-Foods & the charming Christie’s Carriage House Pub.With major bus routes nearby, commuting to UVic, Camosun or downtown is a breeze. Calling all 1st-time buyers, downsizers, or investors! This home offers location, comfort & flexibility—all in one!

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I have sold a property at 2326 Azurite Cres in Langford

I have sold a property at 2326 Azurite Cres in Langford on Aug 15, 2025. See details here

Jaw-dropping views of the city, mountains, and water set the tone for this meticulously designed Southpoint home. Inside, a bright open-concept layout welcomes you with high ceilings, rich flooring, and custom up-down blinds throughout. The chef-inspired kitchen features an oversized island with seating for six, premium appliances, quartz countertops, and ample storage—perfect for cooking, entertaining, or gathering with family and friends. The spacious living and dining areas open seamlessly to a oversized , sunny upper deck complete with a gas hookup and Weber BBQ, making it the ultimate space for hosting and enjoying the sweeping 180-degree views. The primary bedroom includes a luxurious ensuite designed to impress even the most discerning buyer. Downstairs, a legal 1-bedroom suite offers flexibility for guests, rental income, or multigenerational living. A double garage provides ample storage and convenience. You’ll love the convenience of shopping, schools & parks nearby

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I have sold a property at 1262 Dunsterville Ave in Saanich

I have sold a property at 1262 Dunsterville Ave in Saanich on Aug 14, 2025. See details here

Located in Strawberry Vale, this 3-bedroom, 1-bathroom home sits on a large, nearly 9,000 sq ft lot and offers endless potential. Built in 1967 and almost original, this property is a rare find—ideal for those looking to renovate, reimagine, or redevelop. The solid structure provides a great starting point, whether you’re interested in preserving its vintage charm or transforming it with modern updates. The backyard is a private retreat, surrounded by mature trees offering peace, shade, and privacy. Perfect for investors, developers, or anyone looking for a project in a sought-after Saanich West location. Zoned RS-6 and situated within Saanich’s Urban Containment Boundary, the property meets the criteria for up to four dwellings to be built, making it a strategic investment for those looking to maximize value. Whether you're interested in adding a garden suite, duplex, or multi-unit development (buyer to verify with the District of Saanich).

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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.