Vi Downtown Homes under $1.25 million

Welcome to Vi Downtown, Victoria's vibrant urban oasis that perfectly blends the charm of a historic city with the conveniences of modern living. Nestled in the heart of British Columbia, this subdivision is a true gem for those seeking a dynamic lifestyle without compromising on comfort and affordability.

Vi Downtown boasts a diverse range of homes, with many options available under $1.25 million. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, you’ll find a variety of stylish condominiums and townhouses that meet your needs. These residences are designed with contemporary aesthetics and functional layouts, ensuring that every square foot is utilized efficiently.

Living in Vi Downtown means immersing yourself in a rich cultural tapestry. Enjoy leisurely strolls along the picturesque Inner Harbour, explore the vibrant local art scene, or indulge in the culinary delights of renowned restaurants and cafes just steps from your door. The area is also well-connected, making commuting a breeze and providing easy access to nearby parks, shopping districts, and top-notch schools.

With its unique blend of urban convenience and coastal beauty, Vi Downtown is not just a place to live; it’s a lifestyle choice. Embrace the opportunity to own a piece of this thriving community without breaking the bank. Discover your dream home in Vi Downtown today, where affordability meets the charm of Victoria living!

Newest Vi Downtown Homes under $1.25 million

$449,900

2 Beds ⋅ 2 Baths ⋅ 1049913 MLS ⋅ Regents Park BLDG.

Welcome to 1003-1010 View Street, a spacious two-bedroom unit offering breathtaking city views and abundant natural light. The large windows illuminate the bright and airy living space, which includes a well-defined dining area perfect for intimate meals and gatherings. The updated kitchen features a floor to ceiling window breakfast nook perfect for morning coffee. The standout feature of this unit is the oversized, west-facing deck, providing stunning views of the city skyline—ideal for relaxing or entertaining. Both bedrooms are generously sized, with the primary bedroom offering an updated en suite. Situated in a desirable neighborhood, this unit is close to shopping, dining, and entertainment, with easy access to public transportation. Experience the perfect blend of luxury, comfort, and convenience. Don't miss the chance to make this stunning unit your new home!

1010 View St Unit ##1003, Victoria

Courtesy of RE/MAX Camosun

$515,000

1 Beds ⋅ 1 Baths ⋅ 1051364 MLS ⋅ Monaco BLDG.

This unique loft is a modern luxury conversion in The Monaco, a Registered Heritage building (1888) in the very heart of old downtown. It combines the best of both eras: exposed Victorian brick, 125 year old wooden beams and old world charm combined with modern amenities and a dramatic NY-style open concept loft. The main open-concept space features living, dining and kitchen areas and 3 huge south-facing windows that stretch almost to the 11 ft ceiling and let in tons of daylight. The kitchen features granite countertops, stainless appliances, and eat-in counter area and lots of storage. The ample bedroom is hidden behind a modern sliding door and has a full wall of mirror closets. The bathroom area is well equipped and includes a built in washer and dryer. The building also has secure bike room, a rooftop patio and private storage lockers. With a Walkscore of 100 you have all of Victoria's best shopping, cafes and restaurants at your doorstep!

610 Johnson St Unit ##304, Victoria

Courtesy of Easy List Realty

$578,000

2 Beds ⋅ 1 Baths ⋅ 1050671 MLS ⋅ Vivid At The Yates BLDG.

Wake up to Downtown Energy and Views-- VIVID At The Yates brings city living to life and delivers unbeatable value for both first-time buyers and savvy homeowners. Versatile Ownership Options: take advantage of just 5% down and the innovative 15–20% AHOP second mortgage program OR enjoy the freedom of a standard purchase without restrictions--Your choice! 1402 is a spacious 2BD 1BA Corner Unit. The standout feature is the fantastic Views that connect you to both city energy and coastal beauty. These nearly new homes include the balance of the 2-5-10 New Home Warranty, GST already paid, and are finished with sleek modern details, stainless appliances, and contemporary design touches.The building itself offers inviting communal areas, outdoor spaces, and sweeping city and ocean views. Measurements are approx. Other units w/o AHOP restriction are available.

845 Johnson St Unit ##1402, Victoria

Courtesy of DFH Real Estate Ltd.

$550,000

2 Beds ⋅ 1 Baths ⋅ 1051233 MLS ⋅ Vivid At The Yates BLDG.

LIVE DOWNTOWN, OWN WITH EASE! VIVID At The Yates presents an exciting opportunity for first-time buyers to step into homeownership in today’s challenging market. Through HOUSINGHUB, qualified purchasers can access steel-and-concrete construction in the heart of Downtown—just steps from shopping, dining&every urban convenience. With only 5% down and a smart AHOP 2nd mtg (15–20%), ownership becomes both affordable& attainable. 1002 is a spacious 2BD 1BA Corner Unit. The standout feature is the fantastic Views that connect you to both city energy and coastal beauty. These nearly new homes include the balance of the 2-5-10 New Home Warranty, GST already paid, and are finished with sleek modern details, stainless appliances, and contemporary design touches.The building itself offers inviting communal areas, outdoor spaces, and sweeping city and ocean views. Measurements approx. Other units available. Purchasers must meet income and residency requirements.

845 Johnson St Unit ##1002, Victoria

Courtesy of DFH Real Estate Ltd.

$475,000

1 Beds ⋅ 1 Baths ⋅ 1051076 MLS ⋅ The 1011 Burdett BLDG.

This bright, ground-level 1 bed corner unit on the Fairfield–DT border pairs a peaceful, tree-lined setting with exceptional walkability to Cook St Village, Beacon Hill Park, the Inner Harbour, and so much more. Oversized windows fill the open living space with natural light, highlighting the quality engineered hardwood flooring, a cozy electric fireplace and a polished kitchen with quartz countertops, stainless appliances and a full-size gas range. The serene bedroom is a generous size and the bathroom features radiant floor heating and a soaker tub. Step outside to the private patio with a gas BBQ hookup and room to create your outdoor oasis. Nearby exit door to the rear courtyard makes coming and going especially easy. Oversized separate storage and secure bike storage add function. Exceptionally pet-friendly bylaws allow up to 2 dogs at 35kg each. Nearby Modo car-share, Lime e-bikes, major transit routes and CoV parking permit eligibility further enhance this walkable location!

1011 Burdett Ave Unit ##105, Victoria

Courtesy of Engel & Volkers Vancouver Island

$399,000

1 Beds ⋅ 1 Baths ⋅ 1051182 MLS ⋅ The Palladian BLDG.

Welcome to The Palladian, an award-winning heritage conversion in the heart of downtown Victoria. This bright, south-facing, top-floor 1 bedroom, 1 bathroom home blends historic character with modern comfort, featuring soaring 12-foot ceilings, hardwood floors, beautiful original woodwork, and an electric fireplace. The kitchen offers a full stainless steel appliance package, stone countertops and backsplash, while the generous floor plan and south-facing windows provide plenty of natural light. Located on the quieter side of the building, the suite also enjoys added privacy on the top floor. Residents have access to a large shared rooftop patio with BBQ area and views over the downtown skyline. With shops, restaurants, cafés, transit, and everyday amenities just steps away, plus an impressive 99 Walk Score, this is downtown living with almost everything you need within an easy walk.

1602 Quadra St Unit ##407, Victoria

Courtesy of Sotheby's International Realty Canada

$429,000

2 Beds ⋅ 2 Baths ⋅ 1050533 MLS ⋅ Regents Park BLDG.

Offering an excellent combination of space, location, and long-term potential, this spacious 2-bedroom, 2-bathroom home is situated in a well-located steel and concrete building in the heart of Harris Green along the Cook Street corridor. Enjoy an exceptionally walkable lifestyle with cafés, groceries, fitness, transit, restaurants, and the Inner Harbour all close at hand. Inside, the functional floor plan features a generous living area with room for full-sized furnishing. The desirable split-bedroom layout provides excellent separation and flexibility for couples, roommates, guests, or those needing a dedicated home office. A fully covered balcony extends the living space outdoors year-round, while in-suite laundry, secure underground parking, and an on-site caretaker add everyday convenience. With its generous floor plan and central location, this is an attractive opportunity. Price reflects future special assessments due. Ask your realtor for details.

1020 View St Unit ##801, Victoria

Courtesy of RE/MAX Camosun

$465,000

1 Beds ⋅ 1 Baths ⋅ 1050958 MLS ⋅ The Union BLDG.

South facing one bedroom condo at The Union with parking! Nearly 600sqft of living space with an open concept layout and stylish design. Built in 2014 and located in the heart of Old Town with the Inner Harbour, Chinatown and the rest of downtown Victoria out your front door. Fourth floor unit with city outlook to Market Square, Johnson St Bridge and some water views. Great natural light with prime south exposure and floor to ceiling windows. Features include kitchen with quartz countertops and stainless steel appliances, insuite laundry, wide plank laminate flooring, soaker tub with tile surround and modern finishes throughout. Building allows pets of any size. Unit comes with secure underground parking stall, separate storage locker and bike storage. Hot water included in the affordable $397/m strata fee. Take advantage of the downtown lifestyle with restaurants, shopping, entertainment, waterfront, trails, sightseeing and more in close proximity. Flexible possession. Don't miss out!

528 Pandora Ave Unit ##416, Victoria

Courtesy of Sutton Group West Coast Realty

$739,000

2 Beds ⋅ 2 Baths ⋅ 1050746 MLS ⋅ Corazon BLDG.

Space like this is hard to find downtown. At 1,273 sq.ft., this 2 bed + office, 2 bath home at The Corazon offers the room of a house in a quiet, steel-and-concrete building by Chard. Freshly painted throughout, it features stone counters, hardwood floors and floor-to-ceiling windows that fill every room with light. The office, with custom built-in cabinetry, works as a true workspace or guest room without giving up living space. The primary suite has a large walk-in closet and ensuite, while the second bedroom sits beside the four-piece bath and laundry for easy separation. Secure underground parking, separate storage locker, pets welcome with few restrictions. Steps to City Hall, the Public Market at the Hudson, Chinatown and the Inner Harbour. Walk Score 99: Truly central location and an outstanding place to call home.

732 Cormorant St Unit ##605, Victoria

Courtesy of RE/MAX Camosun

$299,000

1 Baths ⋅ 1050703 MLS ⋅ Mosaic BLDG.

Own a home that's as unique as the city itself. Welcome to The Mosaic! This bright west facing suite features soaring 10' ceilings, floor-to-ceiling windows, engineered oak flooring, a gas fireplace, in-suite laundry, and a private balcony. The Murphy bed keeps the space open and functional, while separate storage and secure bike parking provide added convenience. Pets and rentals permitted plus low strata fees which include gas and hot water! This is a rare chance to own a distinctive home full of character in a truly iconic Victoria landmark. Situated in one of the cities most walkable neighbourhoods, you're just steps from Cook Street Village, Beacon Hill Park, Dallas Road, cafés, restaurants, shopping, transit, and all the amenities of downtown. Enjoy the convenience of living in a well-maintained steel-and-concrete building, making this an exceptional opportunity for first time buyers, investors, professionals or students seeking a vibrant, walkable lifestyle.

1061 Fort St Unit ##213, Victoria

Courtesy of RE/MAX Camosun

$570,000

1 Beds ⋅ 1 Baths ⋅ 1050004 MLS ⋅ The Union BLDG.

This 1-bedroom, 1-bathroom home offers 644 sq. ft. of well-planned living space. Custom built-ins in the living room and bedroom add a workspace, storage and give the suite an elevated look and feel. It currently operates as a professionally managed executive rental and earns above-market rental rates, which makes it a strong fit for investors who want a proven, income-ready property. It can be purchased fully furnished for a seamless handover, or unfurnished if you'd prefer to make it your own. The unit faces the building's quiet interior courtyard and garden, so you get the calm of a garden view with the whole downtown core at your doorstep. Chinatown, Fan Tan Alley, the Inner Harbour, Market Square and some of the city's best restaurants and cafés are a short walk away. Secure parking and a separate storage locker are included. Whether you want a lock-and-leave home, a pied-à-terre or a performing investment, this suite is ready from day one.

528 Pandora Ave Unit ##408, Victoria

Courtesy of IRIS Properties Real Estate Inc.

$359,900

1 Beds ⋅ 1 Baths ⋅ 1050628 MLS ⋅ Juliet BLDG.

Your key to downtown at The Juliet's most accessible price point. This bright 5th-floor one-bedroom is well maintained, move-in ready and has a thoughtfully optimized floorplan. European-inspired cabinetry, soft-close cabinetry, quartz countertops and stainless steel appliances add style, while French doors open to a Juliet balcony with city views. In-suite laundry and a 4-piece bath round it out. At Johnson and Blanshard, you're steps from restaurants, cafés, shops, theatres and the Inner Harbour. Getting around is easy: Douglas Street transit is a short walk away, the Pandora protected bike lane is a block over, and the Galloping Goose is close by. It's a lifestyle that makes a car optional, and if you do drive, rental parking is available nearby. Controlled-entry access and secure bike storage add peace of mind, and the rooftop garden BBQ has 360-degree views of the city, ocean and mountains. A smart buy for first-time buyers, investors or anyone who loves city living.

760 Johnson St Unit ##505, Victoria

Courtesy of Royal LePage Coast Capital - Chatterton

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