Vi Downtown Homes with Unrestricted Rentals Allowed

Welcome to Vi Downtown, a vibrant and dynamic subdivision nestled in the heart of Victoria, British Columbia. This charming neighborhood is not just a place to live; it’s a lifestyle that combines urban convenience with a touch of natural beauty. With its picturesque streets, eclectic shops, and an array of dining options, Vi Downtown offers a unique blend of city living and coastal charm.

One of the standout features of Vi Downtown is the availability of homes with unrestricted rentals allowed. This flexibility opens up a world of possibilities for homeowners and investors alike. Whether you’re looking to occupy your property, host short-term rentals, or invest in long-term rental opportunities, the unrestricted rental policy provides you with the freedom to make the most of your investment.

Residents of Vi Downtown enjoy easy access to some of Victoria’s most iconic attractions, including the stunning Inner Harbour, the historic Parliament Buildings, and the lush landscapes of Beacon Hill Park. The area is well-connected by public transportation, making it easy to explore everything that this beautiful city has to offer.

In addition, the community boasts a vibrant atmosphere, with local markets, art galleries, and cultural events that bring neighbors together. The combination of modern amenities and a friendly community spirit makes Vi Downtown an ideal place for families, professionals, and retirees seeking a fulfilling lifestyle in one of Canada’s most picturesque cities.

Discover your dream home in Vi Downtown, where urban living meets the beauty of British Columbia!

Newest Vi Downtown Homes with Unrestricted Rentals Allowed

$525,000

2 Beds ⋅ 2 Baths ⋅ 1044979 MLS ⋅ Ormond Court BLDG.

Ideally located on the border of downtown Victoria, this quiet 2 bed, 2 bath corner suite is situated on the peaceful side of the building and offers nearly 1,100 sq. ft. of beautifully updated living space. The spacious open plan living and dining areas are flooded with natural light from an abundance of windows and a patio door accessing the spectacular 25’ wrap around west-facing balcony. The kitchen showcases granite countertops and SS appliances, while the home features hardwood and tile flooring, heated bathroom floors, new blinds, and a new hot water tank. The spacious primary bedroom features a bright bay of windows, a walk-in closet with custom built-ins and a 4pc ensuite. The second bedroom includes a Murphy bed providing a versatile space. Full-size in suite laundry, secure underground parking, and separate storage complete this exceptional home. Walk or bike to downtown, Cook Street Village, Beacon Hill Park, and the Inner Harbour. Proudly offered at $525,00.

1220 Fort St Unit ##101, Victoria

Courtesy of Sutton Group West Coast Realty

$335,000

1 Baths ⋅ 1045100 MLS ⋅ Mosaic BLDG.

Welcome to unit 512 at the highly sought after Mosaic building. Located on the West side of the building to minimize traffic noises while appreciating stunning sunsets over the city. The charming hard wood floor is a beautiful contrast warming up the space. Open concept living including a full kitchen, gas fireplace and Murphy bed. There is a small juliet balcony that would be perfect to add a bar top to enjoy meals or a morning coffee while looking out over downtown Victoria. The bathroom is spacious with slate flooring and custom tile work. Located in the upper Fort District only minutes to downtown, Cook Street Village, the oceanfront and conveniently on major bus routes. In a safe area of town, you will have no concerns wandering through the adorable shops, bakeries, restaurants and more. Separate storage and a bike room, lots of street parking available for guests. Call today for your private tour of this charming studio home. The building is zoned for live/work life!

1061 Fort St Unit ##512, Victoria

Courtesy of RE/MAX Generation - The Neal Estate Group

$449,900

1 Beds ⋅ 1 Baths ⋅ 1044790 MLS ⋅ The Hudson BLDG.

Fantastic opportunity in the historic Hudson! This west-facing one-bedroom offers a bright, contemporary open-concept design with a private balcony overlooking the inner courtyard garden. Soaring 14-foot exposed concrete ceilings and columns, paired with floor-to-ceiling windows, create a dramatic loft-inspired living space. The kitchen features dark oak cabinetry, Miele appliances, and engineered oak flooring. A den provides the perfect home office or flex space. The bedroom is enclosed with glass sliding doors for added privacy. Bath includes a soaker tub, in-floor heating, and terrazzo flooring. In-suite Bosch laundry and energy-efficient geothermal heating and cooling. Enjoy the rooftop terrace with city views, BBQ facilities, and plenty of space to relax. Secure parking and storage included. Pet friendly building, 2 dogs or 2 cats or one of each permitted. Ideally located, you're just steps from restaurants, cafés, shopping, and everything the vibrant Hudson District has to offer.

770 Fisgard St Unit ##339, Victoria

Courtesy of Pemberton Holmes Ltd. - Oak Bay

$749,000

1044847 MLS

Exceptional opportunity to acquire a high-end cosmetic and medical aesthetics clinic. The business operates from a professionally designed medical space featuring multiple treatment rooms, a luxury reception area and an extensive collection of advanced laser, radiofrequency, microneedling and body-contouring equipment. More than $1 million has been invested in equipment, plus over $250,000 in leasehold improvements. The clinic offers laser treatments, injectables, skin rejuvenation, hair removal, body sculpting & medical-grade skincare products. Operating systems and transition support are in place. The current owner, a certified dermatologist, is prepared to provide ongoing transition support to help ensure continuity and a successful handover. The premises benefit from secure parking, surrounding residential density and attractive lease terms. Significant potential exists through increased marketing, expanded hours and fuller utilization of the existing treatment rooms and equipment.

Victoria

Courtesy of Pemberton Holmes Ltd.

$1,200,000

2 Beds ⋅ 2 Baths ⋅ 1045000 MLS ⋅ The Falls BLDG.

The most refined and design-forward offering available at The Falls. This is 1105, a corner, harbour-sunset-facing 2-bedroom + two dens, 2-bath, in-suite storage room, and nearly 1,200 sqft of magazine-featured interior space. This custom residence stands apart with tailored upgrades and bespoke detailing throughout. Fully reimagined in 2021 with curated materials: Wide-plank walnut hardwood floors, custom Thomas & Birch kitchen millwork, quartz countertops, Buster+Punch hardware, updated appliances, modern fireplace, and in-set LED wall lighting. Functional updates include new heat pump w/ AC, new full-sized laundry, and two-layer blackout blinds in each bedroom. A true turn-key home w/ high-end furniture included and exclusivity to upscale amenities - pool, hot tub, and gym. Located steps from Victoria’s best dining and cultural landmarks, Unit 1105 is a rare blend of unique & timeless design, function, and lifestyle.

707 Courtney St Unit ##1105, Victoria

Courtesy of RE/MAX Camosun

$520,000

1 Beds ⋅ 1 Baths ⋅ 1044878 MLS

Life's too short for boring condos. Welcome to a large, stylish one-bedroom home in one of DT Victoria's most desirable steel & concrete buildings, where modern design meets effortless city living. Flooded with natural light from oversized windows & complemented by soaring ceilings, the open-concept layout feels bright, spacious, & inviting. The beautifully appointed kitchen features quartz countertops, premium cabinetry, & stainless steel appliances—perfect whether you're hosting friends or perfecting your takeout plating skills. Unwind in the spa-inspired bathroom, then step onto your private balcony for morning coffee, sunset drinks, or a summer BBQ. In-suite laundry, secure underground parking, a storage locker, EV charging, & pet-friendly living make everyday life easy. With cafés, breweries, restaurants, boutique shopping, fitness studios, & the Inner Harbour just outside your door, you'll spend less time commuting & more time enjoying everything downtown Victoria has to offer.

989 Johnson St Unit ##205, Victoria

Courtesy of Sutton Group West Coast Realty

$649,000

2 Beds ⋅ 2 Baths ⋅ 1044885 MLS ⋅ Cardiff House BLDG.

Spacious layout. Ground-floor, corner unit - over 1,300 square feet of living space, including two private outdoor patios - one great for a BBQ - and another one for private outdoor living. Perfect for anyone downsizing, this home offers plenty of room and main-level convenience—no elevator required, even for access to your private, parking spot just outside your door. The property has been beautifully renovated throughout with new floors, bathrooms, a new kitchen, and updated lighting & heating. The primary bed is a dream with a walk-in closet, private patio, and a full ensuite bathroom with double shower heads & heated mirrors. Spacious great room has 8' ceiling & gorgeous wood-burning fireplace. More features include a full-size in-suite laundry room (not just a closet), a separate storage locker & the main floor guest room is FREE for your family/friends to stay. Pets welcome even medium dogs. An unbeatable location on the edge of Fernwood and Rockland for lovely evening walks.

1223 Johnson St Unit ##102, Victoria

Courtesy of RE/MAX Camosun

$2,199,999

1044837 MLS

Seize a rare opportunity that comes once in a blue moon to own a coveted corner lot in the vibrant heart of downtown Victoria! Rosedale Manor is a six-unit (5 units are 2 beds/1bath & 1 unit is 1 bed/1bath) multi-family building brimming with potential, offering unmatched versatility in a prime location with impressively spacious sized units. Zoned CA-3 (Central Area General Commercial District), this property permits a wide range of uses, including residential, office, retail, restaurant, transient accommodations, and many more. Currently zoned for up to 3:1 FSR. Within the OCP core residential urban place designation, this can potentially reach a maximum of 5.5:1 FSR. Within steps away, the City approved to redevelop a new facility at Crystal pool. This future landmark is enhancing the area's appeal. Whether you envision a dynamic mixed-use development, a revitalization project, or an investment, this is your chance to secure a presence in one of Victoria’s evolving neighbourhoods.

1612 Quadra St, Victoria

Courtesy of Coldwell Banker Oceanside Real Estate

$399,000

1 Beds ⋅ 1 Baths ⋅ 1044213 MLS ⋅ The Union BLDG.

Steps to the Inner Harbour, endless walkability, and a rare oversized patio - welcome home to The Union. Perfect for the first-time buyer or savvy investor, this bright 1-bedroom sits in the heart of historic Chinatown/Old Town, moments from the Inner Harbour, transit hub, shops, cafes, and Victoria's best restaurants. Cyclists will love the nearby bike routes and quick access to the Galloping Goose Trail. Tucked away on the quiet, landscaped courtyard side of the building, it's a tranquil retreat from the downtown buzz. Enjoy one of the few exceptionally large south-facing patios in the building - perfect for entertaining and BBQs. Inside: wide-plank laminate flooring, stainless steel appliances, in-suite laundry, and modern finishes throughout. Built in 2014, freshly presented, and ready for immediate possession. Pet-friendly complex with separate storage also included. Don't miss this rare opportunity in one of Victoria's most walkable and historic neighbourhoods!

517 Fisgard St Unit ##215, Victoria

Courtesy of Clover Residential Ltd.

$609,000

2 Beds ⋅ 2 Baths ⋅ 1044714 MLS ⋅ The Wade BLDG.

Welcome to The Wade, one of Victoria’s luxury residences. This steel-&-concrete building showcases thoughtful, modern design & the latest in contemporary technology. This two-bedroom, two-bath home offers an excellent floor plan, featuring wide-plank hardwood flooring throughout, artisan-crafted countertops, & handmade glass tile. Enjoy the convenience of in-suite laundry, Lutron-controlled lighting, a gas stove, & top-of-the-line Fisher & Paykel appliances. Residents can take advantage of a generous courtyard with fruit trees and edible plantings, thoughtfully designed for outdoor living, as well as a rooftop leisure area. Individual garden plots are also available for resident use. Secure underground parking including designated visitor stalls, a separate storage unit, bike storage, pet-friendly and walkable location. Ideally located within strolling distance of cafés, shops, markets, & parks. You really can have it all downtown!

1411 Cook St Unit ##S312, Victoria

Courtesy of One Percent Realty

$449,000

1 Beds ⋅ 1 Baths ⋅ 1044677 MLS ⋅ Meares Park Place BLDG.

Enjoy the best of downtown living paired with the tranquility of a quiet, tree-lined street. This fantastic 1 bdrm, 1 bath condo has 758 sq ft of well-planned living space. Bright and spacious, this south facing floor plan offers updated flooring, gas fireplace, dining area, large living room and in suite laundry. Plenty of windows bring in the natural light all day long. The kitchen flows seamlessly into the living areas, making hosting effortless. Spacious primary bedroom with room for king size bed and 4 piece bath. The balcony, off the living room is a great place to enjoy a sunny afternoon or evening BBQ. Includes underground parking and separate storage. Pets welcome, one dog up to 20 lbs, 2 cats or one of each. Ideally located a short walk to downtown, the Inner Harbour, Cook St Village, Beacon Hill Park, and an array of cafés, theatres and restaurants.

1025 Meares St Unit ##309, Victoria

Courtesy of Pemberton Holmes Ltd. - Oak Bay

$399,000

1 Baths ⋅ 1044681 MLS ⋅ The Janion BLDG.

Welcome to your dream urban oasis at the iconic Janion Building in downtown Victoria. This 353 square foot studio condo with 33 square foot balcony presents remarkable investment potential. The compact layout, adorned with over-height ceilings and sunlit southern exposure, feels remarkably spacious. This suite comes with a well-equipped kitchenette, a cozy balcony, and is designed for fully independent living. The Janion offers amenities such as a gym, meeting room, and an awe-inspiring shared rooftop deck overlooking the inner harbour. A generously-sized bike-friendly storage locker is also included. Nestled steps away from Market Square and China Town, this location is surrounded by a host of superb restaurants and entertainment. Out of town much of the year? Keep the unit as your primary residence and rent it short-term while you are away! Be it a first property purchase, a vacation home, or a revenue-generator, this condo is a wise choice.

456 Pandora Ave Unit ##M11, Victoria

Courtesy of Sotheby's International Realty Canada

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.