Investment properties in Victoria

Vacation Rental Condos

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

Average Price $730K
Lowest Price $348K
Highest Price $1.9M
Total Listings 68
Avg. Days On Market 43
Avg. Price/SQFT $995

Property Types (active listings)

Victoria vacation rental properties

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707 Courtney St 1702, Victoria

$1,885,000

707 Courtney St 1702, Victoria

2 Beds 2 Baths 1,542 SqFt Residential MLS® # 954917

The Agency

760 Johnson St 1502, Victoria

$1,649,999

760 Johnson St 1502, Victoria

2 Beds 2 Baths 1,242 SqFt Residential MLS® # 957999

The Agency

707 Courtney St 1406, Victoria

$1,590,000

707 Courtney St 1406, Victoria

2 Beds 2 Baths 1,136 SqFt Residential MLS® # 957432

The Agency

707 Courtney St 1901, Victoria

$1,500,000

707 Courtney St 1901, Victoria

2 Beds 2 Baths 1,059 SqFt Residential MLS® # 955618

Sotheby's International Realty Canada

707 Courtney St 1506, Victoria

$1,475,000

707 Courtney St 1506, Victoria

2 Beds 2 Baths 1,154 SqFt Residential MLS® # 959483

Rennie & Associates Realty Ltd.

608 Broughton St 1001, Victoria

$1,429,900

608 Broughton St 1001, Victoria

2 Beds 2 Baths 1,332 SqFt Residential MLS® # 952720

RE/MAX Island Properties

New
595 Pandora Ave 402, Victoria

$1,295,000

595 Pandora Ave 402, Victoria

2 Beds 3 Baths 1,240 SqFt Residential MLS® # 961053

Pemberton Holmes Ltd. - Oak Bay

707 Courtney St 708, Victoria

$1,175,000

707 Courtney St 708, Victoria

2 Beds 3 Baths 1,407 SqFt Residential MLS® # 957743

Royal LePage Coast Capital - Chatterton

613 Herald St Ph602, Victoria

$1,088,000

613 Herald St Ph602, Victoria

2 Beds 2 Baths 870 SqFt Residential MLS® # 954199

NAI Commercial (Victoria) Inc.

New
610 Johnson St 404, Victoria

$955,000

610 Johnson St 404, Victoria

2 Beds 2 Baths 855 SqFt Residential MLS® # 959352

Sotheby's International Realty Canada

New
456 Pandora Ave 214, Victoria

$895,000

456 Pandora Ave 214, Victoria

2 Beds 2 Baths 850 SqFt Residential MLS® # 960131

Coldwell Banker Oceanside Real Estate

599 Pandora Ave 309, Victoria

$895,000

↓ $29,900

599 Pandora Ave 309, Victoria

2 Beds 2 Baths 1,034 SqFt Residential MLS® # 956068

Royal LePage Coast Capital - Chatterton

New
599 Pandora Ave 317, Victoria

$879,900

599 Pandora Ave 317, Victoria

1 Bed 2 Baths 786 SqFt Residential MLS® # 960959

Keller Williams Realty VanCentral

New
595 Pandora Ave 405, Victoria

$865,000

595 Pandora Ave 405, Victoria

2 Beds 2 Baths 950 SqFt Residential MLS® # 960132

Coldwell Banker Oceanside Real Estate

708 Burdett Ave 1002, Victoria

$849,999

↓ $10,000

708 Burdett Ave 1002, Victoria

2 Beds 2 Baths 955 SqFt Residential MLS® # 957408

Fair Realty

599 Pandora Ave 313, Victoria

$835,000

↓ $50,000

599 Pandora Ave 313, Victoria

1 Bed 2 Baths 876 SqFt Residential MLS® # 949620

Coldwell Banker Oceanside Real Estate

New
599 Pandora Ave 205, Victoria

$825,000

599 Pandora Ave 205, Victoria

2 Beds 2 Baths 972 SqFt Residential MLS® # 957871

RE/MAX Camosun

728 Yates St 711, Victoria

$799,000

728 Yates St 711, Victoria

2 Beds 2 Baths 820 SqFt Residential MLS® # 948418

Sutton Group West Coast Realty

760 Johnson St 304, Victoria

$790,000

760 Johnson St 304, Victoria

2 Beds 2 Baths 981 SqFt Residential MLS® # 955913

eXp Realty

599 Pandora Ave 318, Victoria

$789,000

599 Pandora Ave 318, Victoria

1 Bed 2 Baths 775 SqFt Residential MLS® # 956417

The Agency

707 Courtney St 807, Victoria

$785,000

707 Courtney St 807, Victoria

1 Bed 2 Baths 902 SqFt Residential MLS® # 955650

One Percent Realty

599 Pandora Ave 321, Victoria

$775,000

↓ $20,000

599 Pandora Ave 321, Victoria

1 Bed 2 Baths 1,030 SqFt Residential MLS® # 954780

Newport Realty Ltd.

409 Swift St 403, Victoria

$749,900

409 Swift St 403, Victoria

1 Bed 1 Bath 616 SqFt Residential MLS® # 957442

Pemberton Holmes - Cloverdale

708 Burdett Ave 502, Victoria

$749,900

↓ $50,000

708 Burdett Ave 502, Victoria

2 Beds 2 Baths 954 SqFt Residential MLS® # 950282

RE/MAX Camosun

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.
  • 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
  • 707 Courtney St. - The Falls