Development Potential in Downtown
If you are evaluating what a property in Downtown may support, start with the SSMUH and Bill 44 guide and the Bill 44 density guide. For a property-specific starting point, use the Development Potential assessment tool Thinking about selling in Downtown? Get a valuation that includes what your lot could support.. There is also a dedicated guide to development potential in the City of Victoria.
Downtown
Avg. Sale PriceSingle Family (6 mo)
$625,000
Price RangeActive Residential
$400,000 - $1.5M+
Neighborhood Overview
Downtown Victoria represents the vibrant heart of British Columbia's capital city, offering unparalleled urban living with iconic attractions, world-class dining, and waterfront beauty steps from your door. This high-density neighborhood centers around the magnificent Inner Harbour, featuring the BC Legislature Buildings, Fairmont Empress Hotel, and bustling causeway that define Victoria's identity.
Looking for investment opportunities in this area?
Our scoring engine analyzes every active condo listing across Greater Victoria for cap rate, cash flow, and undervaluation. See current investment opportunities →

850 Douglas St, Victoria BC V8W 2E1
Victoria
0.0 bath · 47 days
Courtesy of William Wright Commercial Real Estate Services
MLS®
1420 Broad St, Victoria BC V8W 2B1
Victoria
0.0 bath · 146 days
Courtesy of Cushman & Wakefield ULC
MLS®
709 Yates St, Victoria BC V8W 1L6
Victoria
0.0 bath · 166 days
Courtesy of Colliers
MLS®
517 Fisgard St, Victoria BC V8W 1R4
Victoria
0.0 bath · 39 days
Courtesy of CBRE Limited
MLS®
751 Fairfield Rd #604, Victoria BC V8W 4A4
Victoria
0.0 bath · 30 days
Courtesy of DFH Real Estate Ltd.
MLS®
1015 Fort St, Victoria BC V8V 3K5
Victoria
0.0 bath · 68 days
Courtesy of Woodhouse Realty
MLS®Pending Homes in Downtown
Nearby Neighborhoods
Discover other neighborhoods in Victoria
Buying in This Area? Get Offer-Ready.
The Prepared Buyer Program gives qualified buyers $6,000 to $10,000 back at completion. Pre-approval in hand, exclusive agreement in place, specific property identified.
Featured Listings

770 Government St, Duncan BC V9L 1B2
Duncan, BC
6 bed · 2.0 bath · 2,072 sf
Single Family Residence
Courtesy of Oakwyn Realty Ltd. (NA)
MLS® Reciprocity
2890 Canyon Park Pl, Langford BC V9B 4Z4
Langford, BC
3 bed · 1.0 bath · 1,064 sf
Single Family Residence
Courtesy of Sutton Group West Coast Realty
MLS® Reciprocity
797 Tyee Rd #401, Victoria BC V9A 7R4
Victoria, BC
2 bed · 1.0 bath · 953 sf
Condo Apartment
Courtesy of Newport Realty Ltd.
MLS® Reciprocity
2921 Mount Wells Dr, Langford BC V9B 4R9
Langford, BC
4 bed · 4.0 bath · 2,589 sf
Single Family Residence
Courtesy of DFH Real Estate Ltd.
MLS® Reciprocity
444 Michigan St #2, Victoria BC V8V 1R5
Victoria, BC
3 bed · 2.0 bath · 1,527 sf
Townhouse
Courtesy of Engel & Volkers Vancouver Island
MLS® Reciprocity
4594 Alwyn St, Port Alberni BC V9Y 5V1
Port Alberni, BC
4 bed · 2.0 bath · 1,830 sf
Single Family Residence
Courtesy of RE/MAX Mid-Island Realty
MLS® Reciprocity