Verified real estate experts in Victoria

One verified expert per sector: broker, mortgage broker, inspector, lawyer and appraiser. Pick your neighbourhood.

1 sector 5 verified experts · as of

Sectors / neighbourhoods

Victoria

Victoria is the capital of British Columbia, set at the southern tip of Vancouver Island where the Salish Sea meets…

Verified Partial No expert · 1 dot per profession

Calculate for Victoria: buy or sell

Buy

Land transfer tax, down payment and mortgage in Victoria

Starting price: Victoria's reference price (Victoria Real Estate Board (VREB), September 2026). Change any field and everything is recalculated.

Property Transfer Tax$23,602
First-time buyer rebatetick “first-time buyer”
Tax to pay$23,602
Minimum down payment (federal rule)$103,010
Mortgage insurance premium (added to the loan)none (20% or more)
Mortgage$1,023,100
Monthly payment, 25 years at 4.49%$5,657
Household income needed (stress test)$248,000

Official schedule, bracket by bracket, paid in cash at closing: the tax cannot be financed in the mortgage. Rate: Bank of Canada 5-year fixed mortgage rate (July 2026); your lender will set its own. Income needed: 6.49% qualifying rate, 39% GDS, property tax at 1% a year and $150 a month for heating. Not included: lawyer or notary fees, inspection, title insurance (no official schedule). All the schedules · First-time buyer programs · Down payment and mortgage insurance

Sell

Capital gain on a sale: what is taxable

Your principal residence: generally no tax on the gain. The same federal rule applies in Victoria as everywhere in Canada (Income Tax Act).

Capital gain$100,000
Your principal residence (designated every year)$0 taxable
Other property (cottage, rental): taxable amount$50,000
Land transfer tax$0 — paid by the buyer
Agent's commissionnegotiated, not computed

Principal residence designated for every year owned: nothing taxable, but the sale must be reported. Other property: $50,000 of taxable amount is added to your income for the year; the resulting tax depends on your marginal rate and is not computed here.

Principal residence: the Canada Revenue Agency exemption wipes out the gain for each year the home is designated; the sale must still be reported (partial designation: part of the gain becomes taxable). Other property (cottage, rental): half the gain becomes a taxable amount, added to that year's income (1/2 inclusion rate, CRA guide T4037; the increase to 2/3 was cancelled on March 21, 2025 — checked on canada.ca on October 15, 2026). It is not the tax owed: that depends on your marginal rate, which Payotte does not compute. Gain = sale price − purchase price, before selling costs and deductible improvements. No official schedule sets the agent's commission. Tax on selling, case by case

By profession

Real Estate Broker
The best in Victoria
Mortgage Broker
The best in Victoria
Home Inspector
The best in Victoria
Real Estate Lawyer
The best in Victoria

The Victoria real estate market — Sep 2026

At a glance
Source : Victoria Real Estate Board (VREB), September 2026
IndicatorValue1-year change
Reference price (Sep 2026)$1,280,100-2%
Sales (Sep 2026)463 transactions-16.4%
By property type
Single-family$1,280,100-2%
Condo$547,800+1%

Victoria is British Columbia's capital and the largest city on Vancouver Island, a government and university town with the mildest climate in Canada and a housing market priced accordingly.

In September 2026, the MLS® benchmark price in Victoria stood at $1,280,100, down 2% year over year. By property type: single-family $1,280,100 (−2%) and condo $547,800 (+1%). There were 463 sales during the month, 16.4% fewer than a year earlier. Source: Victoria Real Estate Board (VREB), September 2026.

The Victoria Real Estate Board reports separate benchmarks for the Victoria Core, which covers the central municipalities, and for Greater Victoria, a wider area that takes in the region around them. Which number applies depends entirely on where you are looking: the Core is the dearer of the two for the same nominal property type.

How Payotte selects

For every sector, Payotte publishes a single professional per profession — the highest-scoring on its 100-point grid (Google reviews 35, experience 30, active provincial licence 15, local presence 15, bonus 5). No paid placement, no ads, no commissions.

Frequently asked questions

Which real estate professionals does Payotte recommend in Victoria?

In Victoria, Payotte selects one independent professional per trade, scored on public data — Google reviews, years of experience, an active or verifiable licence on the regulator's register, and a genuine local presence — with no ads, no commissions and no paid placement. Only one expert is named per profession, so the recommendation stays clear. In British Columbia, either a real estate lawyer or a BC notary public can close the transaction, and every home inspector must hold a licence from Consumer Protection BC — verifiable on its website. On closing, British Columbia's Property Transfer Tax applies — 1% on the first $200,000 and 2% on the balance up to $2 million, with first-time-buyer and newly-built exemptions — alongside legal or notary fees and the inspection and appraisal you arrange. The right professional for each step protects a six-figure decision more than any single star rating. Current selections: Real Estate Broker — Ron Neal; Mortgage Broker — David Steinberg; Home Inspector — Matt Kuzma; Real Estate Lawyer — Beverly Carter; Certified Appraiser — Scott Humphreys.

Is Victoria a buyer's or seller's market right now?

Months of inventory — the figure used to call a buyer's or seller's market — is not available for Victoria (September 2026), so Payotte does not call it either way rather than guess. In September 2026, the MLS® benchmark price in Victoria stood at $1,280,100, down 2% year over year. Source: Victoria Real Estate Board (VREB), September 2026.

How much does a house cost in Victoria in 2026?

In September 2026, the MLS® benchmark price in Victoria stood at $1,280,100, down 2% year over year. By property type: single-family $1,280,100 (−2%) and condo $547,800 (+1%). Source: Victoria Real Estate Board (VREB), September 2026.

What is the difference between Victoria Core and Greater Victoria?

The Core covers the central municipalities; Greater Victoria takes in the wider region around them. It matters for price: single-family benchmarks are higher in the Core than across Greater Victoria for the same nominal property type, so check which area a quoted figure refers to.

What do condominiums cost in Victoria compared with houses?

In September 2026, in Victoria, by property type: single-family $1,280,100 (−2%) and condo $547,800 (+1%). Source: Victoria Real Estate Board (VREB), September 2026.

How active is the Victoria market compared with last year?

In September 2026, there were 463 sales in Victoria, 16.4% fewer than a year earlier. Source: Victoria Real Estate Board (VREB), September 2026.

How much tax do you pay when you sell a home in Victoria?

Usually none if it is your principal residence: the Canada Revenue Agency's principal residence exemption wipes out the capital gain for each year the home is designated, though the sale must still be reported. For another property (cottage, rental), half the gain is added to taxable income (1/2 inclusion rate, CRA guide T4037) and taxed at your marginal rate. Example at Victoria's reference price ($1,280,100): bought for $1,180,100, the home shows a gain of $100,000: $0 taxable if it is your principal residence; otherwise $50,000 of taxable amount is added to your income (the resulting tax depends on your marginal rate, not computed here). The land transfer tax is paid by the buyer, not the seller; the agent's commission is negotiated, and no official schedule sets it.

Source : Victoria Real Estate Board (VREB) · « Victoria Core » du territoire VREB (repère unifamilial). Le Grand Victoria est plus large. · 2026-09 — figures updated with each board release.

Property assessment in Victoria

Assessor: BC Assessment, the provincial authority that produces assessments. It does not set tax rates or calculate tax bills.. To appeal: Notice of Complaint filed with BC Assessment by January 31; moved to the next business day when the 31st falls on a weekend (February 2 in 2026).

Property assessment in British ColumbiaHow to appeal: the guide

The Victoria market pulse, every month

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