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 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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I have sold a property at 260 Caspian Dr in Colwood

I have sold a property at 260 Caspian Dr in Colwood on Jul 31, 2025. See details here

This 5-bedroom, 4-bathroom home has everything you need—and more. Nestled in a community designed for outdoor living, you'll love the endless trails, bike paths, and proximity to top-rated schools. It's the perfect place to live, grow, connect and enjoy life’s best moments. Inside, this spacious and functional home there is plenty of room for everyone, including the fully finished lower level with 2 extra rooms and full washroom! The modern kitchen is equipped with quartz countertops, stainless steel appliances and a gas range ideal for hosting. Step outside to your fully fenced backyard, perfect for play or relaxation, with convenient access to your double detached garage with lane access. Located just a short stroll from Royal Beach Park and the vibrant Commons Retail Village, you'll enjoy dining, shopping and services at your fingertips. With a natural gas furnace and on-demand hot water, this home offers the best of West Coast living in a growing and welcoming community.

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I have sold a property at 320 2000 Hannington Rd in Langford

I have sold a property at 320 2000 Hannington Rd in Langford on Jul 21, 2025. See details here

Priced over $170,000 less then the next lowest priced 2 bed 2 bath . Experience refined living in this elegant 2-bedroom, 2-bathroom luxury condo at the prestigious One Bear Mountain in Langford. Surrounded by breathtaking natural beauty, this serene retreat offers a perfect blend of modern comfort and tranquil views. Featuring a spacious open-concept layout, premium finishes, and meticulous design throughout, this home is built for both relaxation and style. Enjoy the added convenience of a dedicated EV parking stall (the best stall!) , while being just minutes from shopping, dining, scenic trails, and outdoor adventures. Offering the ideal balance of peaceful living and urban convenience, this exceptional residence is perfect for those seeking an upscale lifestyle in a sought-after location. Contact your realtor today to schedule a private viewing!

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I have sold a property at 1244 Ashmore Terr in Langford

I have sold a property at 1244 Ashmore Terr in Langford on Jul 4, 2025. See details here

Welcome to Latoria Terrace. The 'Douglas' is situated on a level lot with a south facing private backyard. This home offers carefully planned living space, with a 1-bedroom suite over the garage. The main living area is true open concept with high ceilings. A wall of windows overlooks a beautifully landscaped backyard and serene forest beyond. Enjoy private outdoor living from the gracious patio. The professionally designed kitchen is great for entertaining with large island and pantry. The den on the front of the house is a very flexible room with a large storage area. Upstairs you’ll find a beautiful primary and luxurious ensuite with heated tile floor and a soaker tub plus two more bedrooms for kids/guests. All three bedrooms have windows that look over the forest behind you. The suite above the garage is worthy of your family or home business with 657 square feet of bright, stylish space. Walk your kids along the nature trail to the brand new elementary school opening in the fall!

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I have sold a property at 64 255 Caspian Dr in Colwood

I have sold a property at 64 255 Caspian Dr in Colwood on Jul 4, 2025. See details here

Welcome to your bright and beautiful corner-unit townhome in the heart of Royal Bay! This rare two-storey layout offers 1,366 sq ft of well-designed living space, with 3 bedrooms, 3 bathrooms, and the comfort of a detached home. Built in 2023 and still feeling brand new—with no GST—you’ll enjoy upgraded laminate flooring, bevel-style cabinets, and stainless steel Whirlpool appliances, including a rare natural gas stove. The sunny, south-facing backyard is ideal for relaxing or entertaining, complete with a gas BBQ hookup. Upstairs, the primary suite boasts Olympic Mountain views, double sinks, a soaker tub, and frameless glass shower. The laundry room offers oversized Whirlpool machines and extra storage. Enjoy central air, parking for two (garage + driveway), and ample guest parking. This pet-friendly strata allows up to three cats or dogs and is steps from parks, trails, schools, and The Commons at Royal Bay—a perfect mix of comfort, style, and convenience.

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I have sold a property at 32 7650 Qwuc Chus Lane in Central Saanich

I have sold a property at 32 7650 Qwuc Chus Lane in Central Saanich on Jul 2, 2025. See details here

Built in 2021 with wood frame construction, this modern 2-bedroom, 2-bathroom rancher offers the perfect blend of quality, comfort, and value. Priced like a condo with similar monthly fees, it delivers the privacy and freedom of a detached home. Listed nearly $100,000 below assessed value—don’t miss this rare opportunity. Inside, enjoy a bright open-concept layout filled with natural light, a sleek, contemporary kitchen ideal for cooking and entertaining, and a spacious primary suite with elegant finishes. Step outside to your own private, low-maintenance yard ready for you to put your own touch on —perfect for pets or relaxing evenings. Plus, two dedicated parking spots offer everyday convenience. Set in a peaceful Central Saanich community just steps from the Lochside Trail and a quiet beach, this home offers a connected, outdoor-friendly lifestyle in one of the region’s most desirable locations.

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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.