MLS statistics for Esquimalt and View Royal reveal opportunities for first time homebuyers to get into the market with some reasonably priced townhomes and condos. And these municipalities are very well located adjacent to the city of Victoria.
So people who are taking their first leap into home ownership CAN find affordable homes in Victoria BC, even close to the city. Just try doing that in Vancouver!
| Housing Type (Esquimalt) | Average Price (2012) | Total Units Sold |
| Single Family Dwelling |
$477,401 |
110 |
| Townhouse |
$359,780 |
28 |
| Condominium |
$342,094 |
82 |
| Manufactured Home |
n/a |
n/a |
| Lots and acreage |
n/a |
n/a |
| Housing Type (View Royal) | Average Price (2012) | Total Units Sold |
| Single Family Dwelling |
$541,633 |
89 |
| Townhouse |
$384,127 |
27 |
| Condominium |
$282,975 |
35 |
| Manufactured Home |
$132,345 |
22 |
| Lots and acreage |
$460,533 |
7 |
Esquimalt, with its military base (CFB Esquimalt) is almost surrounded by water, so even if you can’t afford waterfront property, you are never far from the beach. And over the past few years Esquimalt has seen the development of several gorgeous condominium developments that have rejuvenated the east side.
View Royal is predominantly a residential community and is tucked neatly into the centre of, well, almost everything. The Victoria General Hospital (VGH) is located in View Royal and the city of Victoria is just five or ten minutes drive.
