Vacation Rental Condos

Investment properties in Victoria

The listing herein are all designated buildings that are zoned for transient accommodation, airBnB and vacation rentals. Aside from needing to comply with specific municipal zoning, which changed in 2018, you will need to be aware of which buildings in town allow for nightly/short term rentals and which are legally zoned to allow for this type of revenue generation. We've put together a list of the buildings here in Victoria that do allow for short-term vacation rentals (as of September 2019)

Real Estate Statistics

Total Listings: 3
Residential Listings: 3
Average Taxes/Year: $1,992
Average Price: $484,933
Highest Price: $619,900
Lowest Price: $369,900
Average Beds: 1
Average Baths: 1
Average House Size(Sq Ft): 564
Average Lot Size(Sq Ft): 436
Average Built Year: 2,013
Average Price/Sq Ft: $948
Highest Price/Sq Ft: $1,250
Lowest Price/Sq Ft: $713

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Victoria vacation rental properties

3 Properties Found. Page 1 of 1

This Exquisite 1888 Heritage Conversion Is Loca...

NEW Photo of Listing #888501

$619,900 Active

  • 1 Beds
  • 1 Baths
  • 0.02 Acres
  • 870 ft²

Residential

610 Johnson St 302, Victoria, BC

MLS® #888501

This Exquisite 1888 Heritage Conversion Is Located In The Heart Of Downtown Victoria. This Unit Boasts 11 Foot Ceilings, Bamboo Flooring, Original Exposed Brick, And Exposed Wood And Steel Beams. The Spacious Kitchen Offers Ample Cupboard And Counter Space ...

RE/MAX Camosun

Fantastic Opportunity For Investors Or Those Lo...

NEW Photo of Listing #888235

$465,000 Active

  • 1 Beds
  • 1 Baths
  • 0.01 Acres
  • 527 ft²

Residential

728 Yates St 401, Victoria, BC

MLS® #888235

Fantastic Opportunity For Investors Or Those Looking To Live In A One Of The Best Pockets Within The Downtown Core. Zoned For Short-term Rentals, The Award Winning Era Building Offers Not Only The Convenience Of Its World-class Location But Quality With It...

Macdonald Realty Ltd. (Sid)

Welcome To Janion, Victoria's Premier Downtown ...

NEW Photo of Listing #888367

$369,900 Active

  • 1 Baths
  • 0.01 Acres
  • 296 ft²

Residential

456 Pandora Ave 304, Victoria, BC

MLS® #888367

Welcome To Janion, Victoria's Premier Downtown Location. It Is Located In The Historic Old Town District That Has Recently Seen Incredible Development And Is Full Of Life And Activity. The Condo Is Efficiently Designed To Take Full Advantage Of Its Space Wi...

Pemberton Holmes - Cloverdale

Vacation Rental Condos for Sale in Victoria BC

If you are an investor searching for a condo that specifically allows vacation rentals here in Victoria, it can be a challenging landscape to navigate. Scroll down in this article to link through to all of the buildings that are both zoned for and allow legal vacation rentals here in Victoria. 

Aside from needing to comply with specific municipal zoning, which changed in 2018, you will need to be aware of which buildings in town allow for nightly/short term rentals and which are legally zoned to allow for this type of revenue generation. We've put together a list of the buildings here in Victoria that do allow for short-term vacation rentals (as of September 2019) to help make things a bit easier for you as you search for a condo to purchase. 

Here are some other little known considerations that you should be aware of:

Tax Implications:

GST

GST may well be applicable if you are purchasing a unit for the purposes of nightly rentals. It is well worth consulting your accountant regarding this and often lawyers will guide you on this. If the unit has been previously rented out for vacation or short term revenues, it is likely that the GST will apply to your purchase. 

The Speculation and Vacancy Tax

Take a look at the new and 'much loved' speculation and vacancy tax, as it will likely apply to your vacation rental unless you are planning to rent it out for durations of over 30 days for 6 months or more in a calendar year. 

Short-Term, Vacation Rental Buildings List:

  • 728 Yates St.  - The ERA 
  • 608 Broughton St. - The Sovereign
  • 708 Burdett Ave.& 707 Courtney St. - The Falls
  • 610 Johnson St. - The Monaco
  • 760 Johnson St. - The Juliet 
  • 524 Yates St. - The Leiser 
  • 534 Yates St. - The Leiser
  • 562 Yates St.  - The Oriental
  • 535 Fisgard St. - Lum Sam & Lee Cheong
  • 517 Fisgard St. - The Union
  • 456 Pandora Ave. - The Janion
  • 599 Pandora Ave. - The Vogue
  • 534 Pandora Ave. - Lum Sam & Lee Cheong
  • 528 Pandora Ave.  - The Union
  • 595 Pandora Ave. - 595 Pandora 
  • 1610 Store St. - The Janion
  • 409 Swift St. - The Mermaid Wharf
  • 601 Herald St. - 601 Herald 
  • 613 Herald St. The Cityzen

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. The website must only be used by consumers for the purpose of locating and purchasing real estate.