Find a home in Victoria: 3 expert tips for first-time buyers
Tom has worked with dozens of first-time buyers, and they appreciate his matter-of-fact humour, savvy strategies, and efficient approach. After taking Tom’s advice, first-time home buyers looking to find a home in Victoria can relax and enjoy more ease— and ultimately, a successful purchase. Here are three expert tips from Tom for new investors who want to avoid disappointment and maximize buying power.
Tip one: get pre-approved by a bank or mortgage broker
“You can go online and plug a few numbers into a website and think you’re pre-approved and know what you can afford,” Tom says. This, unfortunately, is a hazy mirage, and not reality. “What you have entered online is ‘fluffy data,’ but when you go into a bank and get a real approval, the bank pulls your credit bureau history.”
Even when we think we are being thoroughly transparent, It’s easy to forget all the ways we may be carrying debt and liability, Tom says. “But every nickel you owe is there on your credit bureau. If you had a poor rating in university, it shows up. Unless you’ve had your credit bureau pulled, you can’t really be pre-approved, or know what you can afford.”
Know your “real number” before you go shopping to find a home in Victoria
Tom often connects his first-time buyers to a trusted mortgage broker who can provide an accurate pre-approval number. Otherwise, many first-time buyers with a “fluffy” online pre-approval start looking at properties they think they can afford. Then, when they find something they love, they get excited. Sometimes, they may go all the way to an accepted offer before the bank tells them they don’t qualify for the financing. “This wastes everybody’s time, and is embarrassing and disappointing,” says Tom.
“You need to have the real number when you’re shopping, and the only way to get that number is with a mortgage broker or a bank. These professionals go all the way, they do the deep dive, then apply the mortgage ‘stress test.’ If you don’t do this first, you’ll constantly frustrate yourself, and fixate on the home you wanted but can’t afford. When you focus on what you can afford, then you’ll succeed.”
Adjust your expectations to find a home in Victoria
Any first-time buyer in Victoria is probably experiencing sticker shock. There may be a sobering realization that the Victoria home you’ve been saving for might not be possible as a first purchase. “You may have thought you were saving for a house,” Tom says, “but now it’ might have to be a condo or townhouse.”
Tom says savvy investors understand that buying well, at any level, is a wise move. “And that first home just has to be functional, and sellable. It doesn’t have to be your last place.” Then, when you go to sell and move up, “you’ll need the ‘wow’ factor,” Tom advises. “Whatever size first home you buy, make sure you are saying ‘wow’ more than ‘ew.’” And if you can’t find even a condo in Victoria you can afford? “You can get into a mobile home situation as a first purchase, spend $250,000, and at least you are in the market. You’ll always be able to sell a manufactured home.”
Tip two: aim high in buyer’s market; aim low in seller’s market
When it’s a buyer’s market, prices are falling, and properties are taking longer to sell. Tom advises his first-time buyers to shop within their pre-approved budget, but look for signs that a property is lingering on the market. “You can shop 10% above your ceiling,” he explains. In a seller’s market, however, “you need to be careful, and aim 10% below your absolute ceiling.” For the summer of 2022, Tom says indications are that Victoria is shifting to a buyer’s market.
One way to qualify for a larger home is to go a little bit farther “out” from the downtown core of Victoria. “Your money always goes farther in the western communities,” Tom advises. Heading out to look in Langford or Colwood can bring the purchase price down considerably. “Sooke is even less expensive— but it’s a more significant commute.” All these factors are important to consider, Tom says. Sometimes, accepting a longer commute could be the wisest choice. Other times, a smaller home right in Victoria is your best bet.
Tip three: don’t get emotionally attached
First-time home buyers are often stressed and emotional when they think they’ve found the “perfect place” — and then don’t get it. Tom helps everyone stay grounded, and keep looking ahead. “It’s very rare that a property for first-time buyers is truly ‘one of a kind,’” Tom counsels. “I tell buyers to just be patient, and know that if you miss something, something just like it or very similar is not far away.”
It sounds a little like dating advice, Tom laughs. But he warns his clients not to become too emotionally attached to any particular property. “Buying a house, especially for first-time buyers, is like getting into a relationship. You are sometimes blind to the obvious pitfalls because you’re so attached to the rosy outcome. My job is to take those rose-coloured glasses off, and keep you grounded.”
He offers the same advice about dips in property values, too. “Don’t get into a situation where you’re looking at your home as anything but a long-term investment,” he says. “You won’t lose money if you can ride it out over a couple of years.”
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553 Heatherdale Lane in Saanich: SW Royal Oak Townhouse for sale (Saanich West) : MLS®# 1044773
553 Heatherdale Lane Saanich V8Z 0A4 
$1,149,900Residential- Status:
- Active
- MLS® Num:
- 1044773
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 2,906 sq. ft.
One of the most desirable homes in the complex, this spacious Royal Oak corner unit features a sought-after primary bedroom on the main level, added privacy, and abundant natural light. A grand tiled entry opens to soaring ceilings, crown moulding throughout the main level, two gas fireplaces with stone surrounds, and a chandelier in the dining area. The kitchen features maple cabinetry, quartz counters, tile backsplash, JennAir stove and fridge, and a 2025 Samsung microwave. The primary suite offers patio access, a large walk-in closet with organizers, and an oversized ensuite with additional built-in storage. Upstairs are three generous bedrooms and an upper deck. Enjoy A/C, full laundry, central vac, and a west-facing backyard with a partially covered patio and gas BBQ outlet. A large side-by-side double garage and long driveway provide excellent parking. Surrounded by mature greenery and close to Royal Oak Shopping Centre, Commonwealth Place, transit, parks, and amenities. More detailsListed by Royal LePage Coast Capital – Chatterton- TOM HOPPER
- RE/MAX Generation – Neal Estate Group
- 1 (250) 8939799
- Contact by Email
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#3 3255 Rutledge St in Saanich: SE Quadra Townhouse for sale (Saanich East) : MLS®# 1046714
#3 3255 Rutledge St Saanich V8X 1N6
$551,688Residential- Status:
- Active
- MLS® Num:
- 1046714
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 929 sq. ft.
Welcome to The Courtyard! This two bedroom, two level townhome is perfect to get into the market or as a great investment. The main floor features a bright kitchen with lots of cabinets and counter space. The living/dining room has a cozy gas fireplace and leads to a lovely patio. Upstairs you will find a primary bedroom with a 2 piece ensuite and a private deck plus another bedroom and 4 piece bathroom. This home comes with secure underground parking, insuite laundry and a well managed strata that allows pets! This amazing location is within walking distance to Mayfair Mall, Staples, Homesense, Bin 4 Burger Lounge, Uptown Shopping Centre, grocery stores and major bus routes. Right next to beautiful Rutledge park with playground, splash pad, basketball court, walking trails, tennis courts and a large field that features live music in the summer. More detailsListed by 2% Realty Pacific Coast Inc.- TOM HOPPER
- RE/MAX Generation – Neal Estate Group
- 1 (250) 8939799
- Contact by Email
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Lot 11 Coral Pl in French Creek: PQ French Creek Single Family Residence for sale (Parksville/Qualicum) : MLS®# 1046747
Lot 11 Coral Pl French Creek V9P 2E1
$1,799,000Residential- Status:
- Active
- MLS® Num:
- 1046747
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 2,870 sq. ft.
Welcome to Bayview Estates—just moments from French Creek Marina—this modern contemporary home captures the essence of West Coast luxury living. Thoughtfully designed with striking modern West Coast architecture, this exceptional home will showcase stylish finishes, expansive windows, and a functional layout tailored to today’s lifestyle. The walk-out basement provides additional living space and creates a seamless connection to the backyard, offering flexibility for multi-generational living, accommodating extended family and guests, or creating the ideal space to suit your needs. GST not included. Built with quality craftsmanship and attention to detail, this exceptional residence offers the perfect blend of style, comfort, and functionality. Located in the sought-after Bayview Estates community, Lot 11 presents a rare opportunity to enjoy contemporary new-home living in an exceptional coastal setting. More detailsListed by Century 21 Harbour Realty Ltd. (PK)- TOM HOPPER
- RE/MAX Generation – Neal Estate Group
- 1 (250) 8939799
- Contact by Email
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2840 Woodcroft Pl in Shawnigan Lake: ML Shawnigan Single Family Residence for sale (Malahat & Area) : MLS®# 1046733
2840 Woodcroft Pl Shawnigan Lake V0R 2W1
$1,688,500Residential- Status:
- Active
- MLS® Num:
- 1046733
- Bedrooms:
- 5
- Bathrooms:
- 4
- Floor Area:
- 2,989 sq. ft.
Country living! Stunning, custom built executive residence loc on a lovely park-like fully fenced 2.471 Shawnigan property! This superb rural lifestyle offers a sprawling rancher style home w/a bright open concept living area! You’ll find a huge lvgrm w/a towering vaulted ceiling, gas f/p & captivating forest views, an outstanding chef minded kitchen w/ tiled back splash, a huge master suite w/walk-in closet & 5 piece tiled ensuite w/classy claw foot soaker bath tub, 3 bay garage, superb separate 2 bdrm suite offering mountain views & much more! Heated has gas forced air & AC demand hot water system & nat/gas back up generator w/auto transfer switch. You’ll find a lovely landscaped rear yard w/hot tub, patio, fire pits & fencing! Out front is a fenced horse area, small horse shelter, a carport/hay storage bldg, loads of parking and so much more! Offering remarkable lifestyle options, this meticulous home, suite & property is an acreage lovers dream! So much to come home to! Act fast! More detailsListed by Sutton Group West Coast Realty- TOM HOPPER
- RE/MAX Generation – Neal Estate Group
- 1 (250) 8939799
- Contact by Email
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#109 1371 Hillside Ave in Victoria: Vi Hillside Condo for sale : MLS®# 1046810
#109 1371 Hillside Ave Victoria V8T 2B3
$399,000Residential- Status:
- Active
- MLS® Num:
- 1046810
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 779 sq. ft.
This affordable 779 square foot 1 bedroom patio suite is perfect for first-time buyers, students, or investors. It features a spacious patio off the open living and dining area, a large 13′ bedroom, an eat-in kitchen, in-suite laundry, secure underground parking and a large separate storage locker. The suite is light filled and has a cozy gas fireplace. Sterling Court is a well-run 40-unit complex located near Camosun College, Hillside Mall, and has direct bus routes to UVIC and downtown at your doorstep. It is pet-friendly, allowing 3 cats or 3 dogs with no size restrictions. With its proximity to groceries, restaurants, parks, shopping mall amenities, schools and transit, this is your opportunity to enter the Victoria market without compromising. Vacant for immediate possession! More detailsListed by RE/MAX Camosun- TOM HOPPER
- RE/MAX Generation – Neal Estate Group
- 1 (250) 8939799
- Contact by Email
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#204 1405 Esquimalt Rd in Esquimalt: Es Saxe Point Condo for sale : MLS®# 1046824
#204 1405 Esquimalt Rd Esquimalt V9A 0A4
$374,900Residential- Status:
- Active
- MLS® Num:
- 1046824
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 690 sq. ft.
Welcome to The Martello in the heart of Esquimalt! This well-appointed 1 bed, 1 bath, 685 sqft second-floor suite offers a thoughtful floor plan with granite countertops, stainless steel appliances, in-suite laundry, and a Juliette balcony. Custom built-in cabinetry provides exceptional two-way storage. The expansive rooftop patio boasts sweeping views from the Olympic Mountains to Esquimalt Harbour, home of the Royal Canadian Navy’s Pacific Fleet — perfect for relaxing or entertaining. Pet- and family-friendly with no age, rental, or dog size restrictions, plus secure bike storage, dedicated parking, and separate storage. Just steps to parks, beaches, cafés, transit, and only 5 minutes to downtown Victoria. Built in 2010, this is exceptional value in a vibrant, evolving neighbourhood. More detailsListed by RE/MAX Camosun- TOM HOPPER
- RE/MAX Generation – Neal Estate Group
- 1 (250) 8939799
- Contact by Email
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436 Constance Ave in Esquimalt: Es Saxe Point Single Family Residence for sale : MLS®# 1038642
436 Constance Ave Esquimalt V9A 6N3
$2,590,000Residential- Status:
- Active
- MLS® Num:
- 1038642
- Bedrooms:
- 8
- Bathrooms:
- 5
- Floor Area:
- 4,118 sq. ft.
Rare waterfront Character Cape Cod inspired home in Saxe Point on level 0.38-acre oceanfront lot w unobstructed views of Strait of Juan de Fuca & Olympic Mountains. Extensively renovated 4,118 sq ft. 6 bed main house, 3 bed/2 bath main level, 2 grand beds up w bath & guest bed +media rm lower level. Self-contained 3-bed suite w quartz kitchen, bath, laundry, private entrance ideal for multi-gen living, rev helper or home office. 2 kitchen, 5 bath 2 laundry. Original wood flrs, French drs, built-ins throughout. Main kitchen w large porcelain tile flr, wood cabinets, granite counter, SS appliances, ocean-views from all areas of the kitchen, large eating area w deck walkout. West-facing yard w unobstructed views, 2 deck & patio. Front w full height mature hedges, garden shed, original stone retaining wall. Driveway for 6+. Heat pump, newly painted exterior. Quiet no-through road. Walk to Saxe Point Park, shopping & transit — one of Victoria, BC’s most desirable waterfront addresses. More detailsListed by Oakwyn Realty Ltd.- TOM HOPPER
- RE/MAX Generation – Neal Estate Group
- 1 (250) 8939799
- Contact by Email
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#313 1145 Sikorsky Rd in Langford: La Westhills Condo for sale : MLS®# 1046819
#313 1145 Sikorsky Rd Langford V9B 0M8
$599,000Residential- Status:
- Active
- MLS® Num:
- 1046819
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 883 sq. ft.
Beautifully maintained 2 bed, 2 bath condo in the sought after Westhills community. Built in 2012, this pet friendly building is perched on the ridge between Glen Lake and Langford Lake, offering stunning lake, mountain & valley views. One of the building’s most desirable floor plans, the spacious layout features bedrooms separated by the main living area, providing added privacy for families, guests, or roommates. Bright, open concept kitchen w/ quartz countertops & ample cabinetry flows seamlessly into the living & dining areas, creating an inviting space for entertaining. Primary bed incl. walk in closet & private 3pc ensuite; 2nd bed is conveniently located near the main bath. Enjoy in suite laundry, secure parking, and a home exceptionally well cared for. Geothermal heating & cooling, w/ heat & hot water incl. in strata fees for added value. Short walk to YMCA, Starlight Stadium, shopping, restaurants, parks & walking trails, in one of Langford’s most desirable neighbourhoods. More detailsListed by RE/MAX Generation – The Neal Estate Group- TOM HOPPER
- RE/MAX Generation – Neal Estate Group
- 1 (250) 8939799
- Contact by Email
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#813 989 Johnson St in Victoria: Vi Downtown Condo for sale : MLS®# 1046662
#813 989 Johnson St Victoria V8V 0E3
$699,900Residential- Status:
- Active
- MLS® Num:
- 1046662
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 838 sq. ft.
Jaw dropping unobstructed city, sky, ocean & Olympic Mountain views from this prime SOUTH EAST CORNER! Defined by clean architectural lines, high ceilings & expansive windows, this stunner blends contemporary design with warm inviting finishes. One of the best kitchens in comparable developments with premium grain-matched wood cabinetry, full-size appliances including induction cooktop & quartz tops. Well separated bedrooms with custom-fitted built-in wardrobes, convenient Murphy Bed in the second to maximize flexibility. Award-winning 989 Johnson will impress you the minute you enter via the airy courtyard & walk past main-level Forge Gym to the prime east building, high speed elevator to 8th floor & you’re home, greeted by light, space & comfort. Steel & concrete, secure fob & CCTV systems, in-room & in-parking stall bike racks, locker, U/G Visitor Pkg, low strata fees incl Hot Water. In the heart of Harris Green walkable to EVERYTHING you’ll need or want in vibrant Victoria! More detailsListed by RE/MAX Camosun- TOM HOPPER
- RE/MAX Generation – Neal Estate Group
- 1 (250) 8939799
- Contact by Email
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#117 960 Jenkins Ave in Langford: La Glen Lake Townhouse for sale : MLS®# 1046620
#117 960 Jenkins Ave Langford V9B 7H4
$769,900Residential- Status:
- Active
- MLS® Num:
- 1046620
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,486 sq. ft.
OH Sun 2-3:30 – ONLY 3 LEFT! – END UNIT w/ EXTRA WINDOWS & EXTRA LARGE PATIO. Thoughtfully crafted Townhomes that seamlessly blend everyday functionality with refined design. Situated steps from Belmont Market offering a peaceful retreat with all the conveniences of urban living at your doorstep. The main level boasts a bright, open-concept living space with oversized windows & electric fireplace. Upstairs a well appointed 3 bed sleeping level, including laundry & generous primary with 2 closets & ensuite w/ heated floor. Comfort & quality abound w/ Premium Upgrades Incl 9 ft Vaulted ceilings, Ducted Heat Pump-vents in every bdrm ~43ft tandem garage w/ Epoxy coating, quartz counters & high end laminate floors. With modern design & walkable/bikeable location this home is an exceptional opportunity to live in one of Langford’s most connected neighbourhoods. Photos may not be of the exact unit. Move In Ready! Price+GST. Ask your Realtor if GST & PPTT rebates may apply to you. More detailsListed by RE/MAX Camosun- TOM HOPPER
- RE/MAX Generation – Neal Estate Group
- 1 (250) 8939799
- Contact by Email
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3155 Mars St in Victoria: Vi Mayfair Single Family Residence for sale : MLS®# 1046515
3155 Mars St Victoria V8X 1B9
$1,150,000Residential- Status:
- Active
- MLS® Num:
- 1046515
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,449 sq. ft.
Step inside & relax. This 1948 character home sits on a quiet no through road, offering peaceful neighbourhood living. Warm coved ceilings & original hardwood floors draw you through this classic character home. The living room features a wood burning fireplace, while the kitchen showcases beautiful maple cupboards. French double doors open from the dining room onto the backyard, inviting seamless indoor outdoor flow. The primary bedroom is generous & light filled, with double doors opening to the deck & private backyard. The ensuite features quartz countertops, a big soaker tub, heated floors & generous WIC. Two more beds & 2nd bath complete the floor plan. Step outside & the magic unfolds. A mature cherry tree adds shade & character, while rear access from Highview Street adds flexibility. A garage & tons of basement storage mean you’ve got room for everything, with a modern furnace & heat pump, 200 amp electrical service. Nestled in Mayfair, walkable to schools, parks & shopping. More detailsListed by The Agency- TOM HOPPER
- RE/MAX Generation – Neal Estate Group
- 1 (250) 8939799
- Contact by Email
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#208 1959 Polo Park Crt in Central Saanich: CS Saanichton Condo for sale : MLS®# 1046840
#208 1959 Polo Park Crt Central Saanich V8M 2K1
$415,000Residential- Status:
- Active
- MLS® Num:
- 1046840
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 602 sq. ft.
Literally, a minute’s walk to all the amenities of Saanichton. This east-facing 1-bed suite boasts glorious morning light, contemporary open concept design, 9ft ceilings, cheater en-suite, eating bar and in-suite laundry. The building, is pet friendly and offers storage & secured parking. Located on bike & transit routes, transportation to all areas of Victoria is just a breeze. Living in Saanichton certainly has plenty to offer; on the bus route to the local recreation center, just a short walk will bring you to great food at local pubs & restaurants, you can step outside & do all your banking, go to medical clinics, pharmacy, grocery, or hardware stores: running your errands all can be done in just a few short steps! The airport, hospital and ferry terminals are just minutes away, and nearby Regional and community parks offer plenty of recreational opportunities! More detailsListed by RE/MAX Camosun- TOM HOPPER
- RE/MAX Generation – Neal Estate Group
- 1 (250) 8939799
- Contact by Email
