Vancouver Island Houses For Sale & MLS Real Estate Listings

Welcome to Vancouver Island! Below you will find the newest homes for sale and real estate on Vancouver Island, BC. If you would like more information on any of these Vancouver Island real estate listings, simply click on the property, register for a free account, and you’ll have access to the full details. From there you can click Schedule a Tour to request more information from our Loyal Homes Client Care Coordinators or schedule a viewing. Our Client Care Coordinators will be happy to provide you with property disclosure statements, past sales history, comparable properties which have recently sold nearby, and more, so please don’t hesitate to ask for help!

Vancouver Island Real Estate Listings October 7, 2022
4154
Listed
38
Avg. DOM
$512.20
Avg. $ / Sq.Ft.
$849,000
Med. List Price
4154 Properties
Page 1 of 347

About Vancouver Island

Vancouver Island is nearly five hundred kilometres long and offers a great diversity of landscapes and communities. At its most southern tip is Victoria, the beautiful old city that’s British Columbia's capital. You’ll find treasures like Cape Scott Provincial Park at the island's northern tip, which offers an unbelievably remote wilderness experience amidst ancient trees and sprawling sandy beaches. 

Along the east coast of Vancouver Island is a network of small oceanfront communities linked together by the Old Island Highway. The waters on the island’s east coast are warm and calm, and you’ll find beautiful oceanside communities like Parksville and Qualicum that are very popular with tourists and retirees. Off this coast of the island, in the protected waters of the Georgia Strait, are the picturesque Gulf Islands. 

Small coastal villages like world-famous Tofino and Ucluelet offer stunning natural scenery, fantastic wildlife viewing possibilities, and opportunities for recreational opportunities unavailable almost anywhere else in Canada. Vancouver Island benefits from very mild weather and nearly endless unspoiled nature. You’ll find evidence of the island's First Nations, English, and Spanish history in the names of communities, neighbourhoods, and roads.

There are several ways to access Vancouver Island. Vancouver Island is home to several airports, the biggest being Victoria International Airport, which offers flights to destinations across Canada and Mexico. There are also airports in Nanaimo, the Comox Valley, and Campbell River. Another common way to travel to the island is by ferry from the Lower Mainland. In addition to being affordable and simple, taking the ferry across the Strait of Georgia is a very scenic trip. 

At times, Vancouver Island can fly under the radar compared to destinations in the Lower Mainland. It’s a diverse island, home to more than fifty towns and cities that each have something unique to offer real estate investors. 

Vancouver Island Weather

A significant contributing factor to Vancouver Island’s status as a retirement and vacation destination is that it has the mildest climate of any place in Canada. Even in the middle of winter, temperatures rarely dip below freezing, and snow is uncommon. During summer months, daily high temperatures typically stretch up into the high twenties and occasionally the low thirties—perfect weather for enjoying the hiking trails, beaches, and parks common across the island. 

Similar to the Lower Mainland, Vancouver Island is known for being very rainy during parts of the year. The amount of precipitation across different regions of Vancouver Island can vary widely, contributed to by the rain shadow effects of the Vancouver Island Ranges. Generally, the island's west coast is considerably wetter than the east coast, containing some of North America’s rainiest areas, contributing to a lush, mossy landscape.

On Vancouver Island, winters are brief compared to many parts of the country. During the coldest months, between January and March, it’s still common for islanders to spend time outdoors, even golfing and other outdoor sports through the winter. 

The mildest region of Vancouver Island is around Victoria; there have been years in Victoria in which temperatures seldom dipped below freezing. While the whole coast of British Columbia is associated with raininess, Victoria only gets around half as much yearly rain as Vancouver does. There are over three hundred bright, sunny days in Victoria per year, making it one of the sunniest cities in Canada, despite its rainy reputation.

Vancouver Island Real Estate

Vancouver Island offers lifestyle opportunities unlike anywhere else in Canada, so it’s no surprise that real estate is in high demand in its most popular areas. In Victoria—Vancouver Island’s main population center—the market has surged in recent years. Plenty of real estate investors have an interest in the Victoria area. 

While Victoria's real estate is among the most expensive and prestigious in the province, other municipalities within the Greater Victoria area offer potential for first-time home buyers and real estate investors on a budget. Sooke is a bit of a commute from Victoria—nearly an hour by car—but offers real estate investment opportunities in a charming community with a thriving art scene and beautiful rural properties. Near Victoria, other reasonably priced options include Colwood, Langford, View Royal, and Esquimalt. On the other end of the spectrum, neighbourhoods like Ten Mile Point and Uplands are where you’ll find some of Victoria’s most luxurious properties. 

While some people primarily think of Victoria when they consider Vancouver Island, communities are abundant with something to offer real estate investors at a wide range of budgets. The island’s second-biggest city, Nanaimo, is an intriguing real estate market. It is considered among the best affordability of any city in the province, taking into account average household incomes against the cost of real estate. Nanaimo and its surrounding communities are growing, and you’ll find plenty of new developments, in addition to a solid supply of older, affordable homes. 

Heading further up the island, those seeking investment properties or homes situated in beautiful resort-like communities will find options along the eastern stretch of the mid-island, in communities like Parksville and Qualicum. Further north, the Comox Valley is a popular choice both for retirees and young families, as it offers an appealing mix of safety, spaciousness, and relative affordability in comparison to the island’s other main population centers. Affordability increases the further north you go—there are excellent real estate investment opportunities in the small city of Campbell River. Ambitious real estate investors may be intrigued by the abundance of space and wilderness towards the northernmost portions of the island. 

Inland, the small city of Port Alberni has been increasing in popularity recently and is known for its unique character, somewhat off the beaten path. Further west, investors looking for vacation properties and those looking to live an adventurous lifestyle amidst beautiful nature will find exciting options near Tofino and Ucluelet

Things to Do on Vancouver Island 

Hit the Slopes on Mount Washington

A top recreation destination on Vancouver Island is Mount Washington. In the winter months, it’s home to extensive alpine terrain in addition to plenty of cross-country skiing and snowshoeing terrain. It’s a popular place for summer adventures as well, featuring thrilling zip line rides, excellent biking facilities, in addition to great trails for hiking and sightseeing. 

Catch a Wave in Tofino

Most people probably don’t think of surfing right away when they think of Canada, but the Tofino area offers excellent cold water surfing year-round. The waves appeal to experts and beginners alike, and more than a handful of beaches offer a distinctive surfing experience. 

Stroll the Streets of Downtown Victoria

Vancouver Island is known far and wide for offering some of the best wilderness adventure opportunities available anywhere. But there are plenty of cultural thrills as well, many of them in the downtown area of Victoria. Impressive old buildings, a wide selection of eclectic restaurants, and the oldest Chinatown area in the country are just a few of Victoria’s top attractions. In Downtown Victoria, you’ll find the beautiful Inner Harbour, perfect for a weekend stroll.