Real Estate & Developments in Victoria
As more people are discovering South Vancouver Island, the lure of owning a little slice of this paradise is helping to push demand for real estate and new development.
The tranquility and rugged beauty of the South Island, its excellent services and superb lifestyle draws many to retire here, buy a vacation or primary property and/or start a business. Entrepreneurs with ventures of all sizes comprise the more than 17,000 businesses operating in Greater Victoria.The region has an exceptional selection of condominiums, patio homes, retirement complexes and town houses, as well as a broad range of single-family dwellings in historic neighbourhoods through to new subdivisions and rural settings.
Bayview Place is a five-minute walk from downtown, adjacent to the Inner Harbour, it is a mixed-use neighbourhood and a retail, residential and community focal point. This project offers close to 1.5 million square feet of residential development, 70,000 square feet of commercial space, 20 prime hilltop acres with ocean views and four unique districts full of amenities. This new waterfront neighbourhood is bound to shift the balance in downtown Victoria. The Roundhouse Marketplace offers a mix of retail, culture, gathering places and residential surroundings. The Lime Bay District has four mixed-use sites highlighted by open spaces and landscaping features. It is connected to the waterfront by the Lime Bay Mews walkway and to surrounding districts by the E&N RailTrail.
The Sovereign is Chard Development’s latest project that brings New York-style living to downtown Victoria. Union by Anthem Properties mixes residential and commercial in two five-storey buildings located on Pandora and Fisgard, connected by a courtyard.
In-fill housing is popular on the South Island, and municipalities are encouraging development of under-utilized parcels of land. New subdivisions are now being built in View Royal, Saanich, Colwood and Langford, as well as Sooke and the Highlands. Choices range from single-family dwellings, townhouses and condos through to waterfront estate homes.
SookePoint Ocean Cottage Resort is just 39 kilometres from downtown Victoria but on the boundary of a huge waterfront wilderness park with 50 kilometres of nature trails. Here you can live, rent or earn income with an Ocean Cottage or Yacht Suite – unbelievably just a few metres from the ocean. See amazing whales and abundant marine life, enjoy year round romantic sunsets and exciting storm watching. Appreciate the warmest winters in Canada and the lowest rainfall on the wild west coast living on the vibrant edge of nature. Own one-to three-bedroom Cottage Suites from $349,000 to $679,000, fully furnished and accessorized, complete with cozy duvets and celebratory champagne glasses. Check out the show cottage hours and see videos at SookePoint.com.
Heron View in Sooke is situated along the shores of a protected inlet, with an endless array of landscape, beaches and breathtaking Strait of Juan de Fuca and Olympic Mountain views. Just steps from the ocean, on 10 acres of waterfront property, Heron View offers craftsman-inspired townhomes starting at $375,000. Each of the 3- or 4-bedroom layouts are a popular choice for downsizers seeking a maintenance-free lifestyle. Heron View is less than an hour from Victoria.
Pacific Landing Set on more than 12 acres of waterfront overlooking a protected lagoon and surrounded by miles of forest, Pacific Landing at Havenwood offers a rare opportunity for discerning purchasers. Over the next several years, a village community is being born, with on-site amenities including a spa, wellness center, farmers market, artisan kiosks, waterfront dining and more. Phase one of this exciting Colwood community is currently being sold.
Spirit Bay in Metchosin, 35 minutes from Victoria, is currently being built to be a sustainable and unique community. Spirit Bay is a community that will grow carefully in planned phases over a period of eight to 10 years. The first 100-acre phase will include 600 to 800 residences, as well as a town centre with offices, shops and recreational facilities. Visitors can check out the presentation centre to see the model, floor plans and overall development. The homes will be reminiscent of seaside fishing villages with board and batten exteriors to epitomize a cottage feel.