On the southern tip of Vancouver Island, Victoria is considered one of the most beautiful cities in the world to live in. With its incredible natural beauty, temperate climate, and multitude of recreational sites, investment properties in Victoria may be just what you are looking for. Victoria real estate is a solid long-term investment. The initial goal is to have rental income cover all or most of the cost of the property while over time seeing an increase in the value of the real estate. Once your mortgage is paid off and your rent begins to turn a profit you can start the cycle all over again.
Victoria as a whole is comprised of over thirteen different municipalities with a combined population of over 400,000. If you're considering investment real estate in Victoria you'll have to look at many different variables. Think about having a conversation with The Neal Estate Group, as our experienced REALTORS® can help you navigate through the details and feel confident about your choice.
If done right, investment properties can set you up for long-term financial success and stability. Find out more about what you should be looking for when browsing Victoria investment properties.
Welcome To Your New Home! This Captivating Corner Unit Offers Modern Elegance And Comfort In Every Detail. Boasting 2 Bedrooms & 2 Bathrooms, This Residence Features A Stunning Kitchen With A Central Island, Perfect For Culinary Delights & Enterta...
Ideal For Investors, First-time Homebuyers, Or Those Seeking A Fantastic Top-floor Corner Unit In St. Brelades. This Well-maintained 2-bedroom, 1-bathroom Property Is A Versatile Addition To Your Portfolio Or A Perfect Cozy Home. Enjoy Mountain Vi...
----central Parksville Living----walk To All Amenities Parksville Has To Offer; Coffee Shops, Yoga, Gym, Restaurants, Groceries, Liquor Store And Retail Stores, Incl. Parksville Community Park And The Amazing Sandy Beach And Boardwalk. Welcome To ...
Royal LePage Parksville-Qualicum Beach Realty (PK)
Come View This Delightful Bright 2 Bedroom, 2 Bath Corner Suite. The Orchard House Is A Steel And Concrete Leasehold Building Which Allows Unparalleled Affordability In Today’s Market. This Suite Has Been Updated With A Newer Kitchen And Flooring ...
Introducing A Stunning Two-bedroom + Den Condo Located In The Picturesque Neighborhood Of Oak Bay. This Exquisite Residence Showcases Contemporary Elegance, Luxurious Finishes, And An Abundance Of Natural Light That Creates A Warm And Inviting Atm...
Perfectly Situated On The Mermaid Creek With A View Of Roberts Bay Bird Sanctuary! On Offer Is A 3-bed, 2.5-bath Half-duplex Spanning Over 2 Levels, W/ 1,775 Fin. Sq.ft. The Heart Of The Home Is The Custom Kitchen By Island Dream Kitchen W/ Quartz...
Coniston At Longwood - In Nanaimo's Premier Award-winning Condominium Community! Treat Yourself To This 1030 Sf 2 Bedroom, 2 Bath Unit, Directly Overlooking The Stunning Water Views. Open Spacious Living Room With Gas Fireplace, And Dining Area. ...
Top Floor Ocean And Coastal Mountain Views Including; Jessie Island, Brandon Island Newcastle “saysutshun” Island, Watch The Bc Ferries, Float Plans, And Boats In The Active Departure Bay. This Unit In Seascape Manor Offers Two Floors, The Main Fl...
Experience Urban Living At Its Finest At The Met! Located In The Heart Of North Nanaimo, This Contemporary Residence Boasts 9-foot Ceilings And Open Floor Plans, Creating A Spacious And Modern Atmosphere. The Kitchen Features A Stunning 10-foot Is...
Welcome To Sutton Place West! Step Into This Bright Corner Unit, Offering A Spacious Layout With 2 Bedrooms And 2 Bathrooms, Complete With An Enclosed Balcony. Nestled In Victoria's Vibrant Downtown Harris Green Neighborhood, This Residence Boasts...
Welcome To This Great Half Duplex Located In Central Courtenay. This 1380 Sqft Home Built In 2015 Includes 3 Bedrooms And 2 Full Bathrooms, Plus A Private Fenced Back Yard. The Main Floor Entry Opens To Large Kitchen With Lots Of Cupboard And Coun...
The Wallace Is Now Complete! A Progressive, Energy Modelled Building In Brentwood Bay. Surrounded By Amenities, Green Spaces & Oceanside Walking Trails. Designer Suite Is Lavishly Appointed With Wide-planked Oak Engineered Hardwood, Quartz Counter...
What To Look For in Victoria Investment Properties
When you're looking for a Victoria investment property remember that an investment isn't about frills. You want to maximize your profit from the risk you're taking as a landlord. Real estate investing is a big investment of both time and money, but when handled properly, it can really pay off.
Things you should consider when investing in Victoria real estate:
The purchase price to rent ratio—financial impact on you!
Maintenance costs and property taxes—possible strata fees included.
Property management—you're now a landlord.
Liquidity and cash flow—owning three condos at $200,000 rather than one at $600,000 may be a safer bet.
Long term rewards—a cycle of profitability in your rental income.
Why are people looking for Victoria investment property:
A future pension plan—Over the long term, an investment property can be a great source of retirement funds. Maintaining the lifestyle you envisioned for your retirement years may be a goal for you.
A student residence alternative—Many parents are shipping their university-age children off, and housing them in an investment property purchased specifically for that purpose. Considering the University of Victoria hosts over 20,000 students annually this may be a good choice for any investor.
The Do-It-Yourself scenario—Homeowners who have developed home-improvement skills have a great opportunity to use their time and talents to dramatically increase the value of a home.
Vacation investment properties—There are many properties for sale that would be ideal for those looking for a vacation home. With easy proximity to the ocean, the city and the Lower Mainland, Victoria is an ideal place for a second home.
Reasons to Invest In Victoria Real Estate
The City of Victoria boasts outstanding outdoor recreation options, and with the mildest climate in Canada, most activities—including golf, hiking, kayaking, and cycling—are year-round. Statistics Canada rates Greater Victorians the most active people in the country and this region is considered the Cycling Capitol of Canada. Victoria is internationally known as the "City of Gardens", it is safe, clean, and walkable and you can get to Victoria via ferry from Vancouver, Nanaimo and even Washington state.
The Neal Estate Group are Victoria and surrounding area real estate experts! Let us help you find your perfect Victoria investment property! Contact The Neal Estate Group to learn how we can help you!