Vi Downtown Homes under $400,000

Welcome to Vi Downtown, a vibrant and eclectic subdivision nestled in the heart of Victoria, British Columbia. This urban haven is perfect for those seeking a dynamic lifestyle infused with culture, convenience, and community. With its stunning waterfront views, lush parks, and a rich tapestry of historical architecture, Vi Downtown offers a unique blend of city life and natural beauty.

One of the standout features of this lively neighborhood is its accessibility to a variety of amenities. Residents enjoy proximity to charming cafes, boutique shops, and gourmet restaurants, all within walking distance. The area is also home to numerous art galleries and theaters, making it a cultural hub for art enthusiasts and performers alike.

For those looking to make Vi Downtown their home, there are fantastic opportunities to own a property without breaking the bank. With homes available for under $400,000, this subdivision is an ideal choice for first-time buyers, young professionals, or anyone looking to invest in the flourishing Victoria real estate market. These homes offer a perfect blend of modern living and affordability, allowing you to enjoy all the benefits of city life while staying within budget.

In Vi Downtown, you’ll find a welcoming community that embraces diversity and fosters connection. Whether you’re strolling along the picturesque Inner Harbour or enjoying a sunny afternoon in Beacon Hill Park, the charm of Vi Downtown is undeniable. Don’t miss your chance to become part of this vibrant neighborhood and experience the best of Victoria living!

Newest Vi Downtown Homes under $400,000

$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

$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

$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

$349,900

1 Baths ⋅ 1050561 MLS ⋅ The Urban BLDG.

Experience elevated Downtown living at The Urban on Johnson. Perfect for students, first-time buyers, investors, or as a low-maintenance city retreat. This bright, optionally furnished condo features a southwest-facing balcony with sunset and city views, floor-to-ceiling windows, and a smart, open-concept layout. Interior highlights include vinyl plank flooring, quartz kitchen countertops, matte black undermount sink, and in-suite laundry. A pet-friendly building with rare large dog approval in a well-managed strata. SECURE UNDERGROUND PARKING AND STORAGE LOCKER INCLUDED, bike storage also available. Enjoy the best of Victoria just steps from your door—Loft & Ladder Café, Ritual Nordic Spa, Forge Gym, Save-On-Foods, Market on Yates, and Boomtown Beer Garden. A move-in ready condo in Victoria’s vibrant downtown core—ideal for walkable city living.

932 Johnson St Unit ##303, Victoria

Courtesy of Royal LePage Coast Capital - Chatterton

$398,888

1 Beds ⋅ 1 Baths ⋅ 1050489 MLS ⋅ Jukebox Victoria BLDG.

Perfect Urban Living with Amenities. This cozy 1 bedroom 1 bath, 481-square-foot condo, with secured parking, offers an ideal urban lifestyle, complete with convenient amenities. Situated within a contemporary concrete and steel building, residents can enjoy not only the comfort of their own private space but also access to a full gym and a common garden patio area. The well-designed living space features a thoughtful layout to maximize functionality and natural light to brighten up the space. A compact yet efficient kitchen layout with modern appliances including a fridge, stove, dishwasher, washer, dryer, and ample storage space, sleek quartz countertops, and high-quality finishes will make this a lovely place to call home. Clean and contemporary bathroom design, stylish fixtures, and a functional layout with a shower/tub combination. Pets, kids, and rentals are welcome! Currently rented month to month at $2400/m including utilities. Furniture also included.

1029 View St Unit ##427, Victoria

Courtesy of Engel & Volkers Vancouver Island

$350,000

1 Beds ⋅ 1 Baths ⋅ 1049663 MLS ⋅ Era BLDG.

Welcome to The Era, a modern steel and concrete building built in 2015 in the heart of downtown Victoria. This home features expansive floor to ceiling windows that flood the space with natural light in the morning, modern quartz countertops, stainless steel appliances, In-suite laundry and a private balcony perfect for morning coffee or evening unwinding. Residents of Era enjoy access to a social lounge, an outdoor patio space complete with a BBQ area and fire pit, and secure bike storage. Situated just steps from Victoria’s best restaurants, cafés, boutique shopping, and vibrant entertainment, this property offers unbeatable downtown convenience, making it a fantastic opportunity for first-time home buyers or investors!

728 Yates St Unit ##204, Victoria

Courtesy of Rennie & Associates Realty Ltd.

$339,999

1 Beds ⋅ 1 Baths ⋅ 1049603 MLS ⋅ The Urban BLDG.

Unbeatable value in the heart of downtown Victoria, and truly one of a kind. This beautifully updated studio at The Urban stands apart with its modern, clean design and exceptional use of space. Quartz counters, stainless steel appliances, and a custom built-in desk with a window directly in front create a functional work-from-home or study space. Windows on two sides of the unit create a bright and open feel. The bathroom has been tastefully updated with a modern vanity and magazine-worthy finishes. In-suite laundry, secure bike storage, private locker, and communal rooftop patio. Cozy gas fireplace included in the strata fee keeps ownership costs low. Zoned live/work, pets welcome with no size restrictions. Home to Loft & Ladder Cafe, and steps to restaurants, groceries, gyms, and the Victoria Conservatory of Music. A perfect first home or stylish pied-a-terre, move-in ready and even better in person!

932 Johnson St Unit ##301, Victoria

Courtesy of Alexandrite Real Estate Ltd.

$375,000

1 Beds ⋅ 1 Baths ⋅ 1049092 MLS ⋅ Vivid At The Yates BLDG.

Welcome to this modern 1-bedroom plus den, 1-bath move in ready condo in the sought-after steel and concrete Vivid at Yates. Enjoy an incredible 21st-floor rooftop patio with BBQs, lounge areas, a dog run, and garden plots—perfect for entertaining and taking in city views. Inside offers a bright open layout with a contemporary kitchen featuring quartz countertops flowing into the living area and patio. The spacious den with closet is ideal as an office or second bedroom. Includes in-suite laundry, storage locker, and secure bike storage. Steps to restaurants, groceries, gyms, transit, and bike paths. Rental parking in the building; underground guest parking included. Pet-friendly, no rental restrictions, and professionally managed—an excellent home or investment in the heart of downtown living! Quick possession possible so move right in and enjoy.

845 Johnson St Unit ##401, Victoria

Courtesy of RE/MAX Camosun

$400,000

1 Beds ⋅ 1 Baths ⋅ 1048833 MLS ⋅ 601 Herald BLDG.

West facing condo overlooking a lovely tree lined street. This suite has a warm open feel thanks to the sunny glow streaming into the oversized windows with a view of Old Town Victoria. Build by Trevor Linden's development team the modern finishes are top quality and unlike any other building in Victoria: a Fabulous and functional kitchen with quartz counters, exotic wood cabinets, stainless appliances, stylish glass back splash, White Oak Hardwood floors and a cheater ensuite bathroom with warm grey tile and modern fixtures. Unlike most units downtown the bedroom can comfortably fit a king size bed, 2 night tables and a dresser and features sleek glass sliding doors. This unit has direct access to the beautiful Zen garden with sitting area. Bring your pets up to 3 cats or 3 dogs allowed with no size limit. In-suite laundry and incredible bike room. Don't miss this opportunity to own a fully updated unit in a fantastic location — book your showing today!

601 Herald St Unit ##207, Victoria

Courtesy of eXp Realty

$399,900

1 Beds ⋅ 1 Baths ⋅ 1047872 MLS ⋅ Morrison Manor BLDG.

Welcome to this bright and inviting corner suite in the heart of Jubilee! Filled with natural light, the home features a beautifully appointed kitchen with solid fir cabinetry, granite countertops and a classic fireclay farmhouse sink. The charming living room is warmed by a wood-burning fireplace and opens onto a private balcony with contemporary frosted-glass railings. A stylishly finished bathroom and convenient in-suite laundry add to the home’s appeal. The spacious bedroom features cozy wool carpeting and access to a second balcony—perfect for enjoying your morning coffee. This pet-friendly home also includes secure underground parking and a separate storage locker, all within an updated building. Enjoy a fantastic walkable location close to shops, cafés, parks and everyday amenities. Don’t miss this exceptional opportunity!

1619 Morrison St Unit ##303, Victoria

Courtesy of RE/MAX Camosun

$349,900

1 Beds ⋅ 1 Baths ⋅ 1048792 MLS ⋅ The 834 BLDG.

Welcome to The 834, a premier steel-&-concrete residence by Chard Developments in downtown Victoria! Fantastic value & ideal for first-time buyers, students, professionals or investors. This bright, exceptionally quiet, west-facing 1-bed, 1-bath home features a smart open-concept layout, floor-to-ceiling windows, engineered hardwood, in-suite laundry & modern quartz/stainless kitchen. Enjoy outdoor living on your rare, oversized private balcony, expanding living space by nearly 25% with quiet exposure facing an office building, not a high-rise. Amenities ideal for entertaining include a spectacular 15th-floor rooftop terrace with 360° city & ocean views, media lounge with kitchen & courtyard BBQ area. Secure bike storage, storage locker & visitor parking add everyday ease. Pet-friendly & fully rentable with strong investment potential, this well-managed building offers low strata fees & secure elevator access. Steps from restaurants, shopping, nightlife, transit & bike routes!

834 Johnson St Unit ##505, Victoria

Courtesy of Sotheby's International Realty Canada

$360,000

1 Baths ⋅ 1048503 MLS ⋅ Mosaic BLDG.

Floor to ceiling windows, downtown walkability, and in-suite laundry. Check, check, check. It's time to enter the market. Tucked into the fifth floor of The Mosaic, this west-facing 520 square foot home gets something most units in the building don't, real natural light and sunsets that hit different when your entire front wall is a window. A raised bedroom with glass railings carves out your own space without closing anything off, and at 10'10" the ceilings make the whole place breathe. With a natural gas fireplace and steel and concrete construction, this is built to last and easy to love. With a walkability score of 97 you're not just buying a home, you're buying into the downtown Victoria lifestyle. In a world of cookie cutter boxes, this is your chance to own something with genuine character. This is your chance to start building some equity in a place you'll love. Reach out and book a showing today.

1061 Fort St Unit ##511, Victoria

Courtesy of The Agency

Start Your Search

NOTE: 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. This website may only be used by consumers for the purpose of locating and purchasing real estate. By registering on this website I/We consent to the collection, use and disclosure of personal information as described in our privacy policy.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.