Posts Tagged ‘investment properties Victoria’

The Tillicum and Gorge area continues to attract buyers looking for affordability without sacrificing location. In 2026, balanced market conditions have increased buyer choice, making this area especially appealing for first-time buyers, downsizers, and value-focused investors. Tillicum and Gorge real estate benefits from strong transit links, central positioning, and pricing that remains more attainable than many core Victoria neighbourhoods. Why Buyers Look to Tillicum and Gorge This area sits just minutes from downtown Victoria, Uptown, and the Trans-Canada Highway. Key advantages include: Easy access to major employment hubs Strong public transit and cycling routes Proximity to parks, the Gorge Waterway, and shopping For buyers who want convenience without downtown pricing, the location remains a major draw. Affordability Compared to Core Neighbourhoods Tillicum and Gorge continue to offer some of the most accessible price points within the urban core. Buyers typically find: Condos priced below downtown and Fairfield averages Townhomes that appeal to first-time buyers Older single-family homes with renovation potential In 2026, longer days on market have improved negotiating conditions, particularly for condos. Condo Market and Entry-Level Options The condo segment dominates much of the housing stock. Many buildings offer: Larger floor plans compared to newer developments More reasonable strata fees Strong rental appeal due to central location For buyers entering the market, Tillicum and Gorge real estate often provides a practical first step into ownership. Accessibility and Daily Convenience Accessibility remains one of the area’s strongest features. Residents benefit from: Direct transit routes to downtown and UVic Walkable access to Tillicum Centre and Uptown Quick connections to the West Shore and Peninsula This connectivity supports both owner-occupiers and long-term rental demand. What Buyers Should Watch in 2026 While affordability remains a strength, buyers should still review: Strata documentation and contingency funds Upcoming maintenance in older buildings Zoning and redevelopment potential along key corridors Well-priced properties continue to sell, while overpriced listings often sit longer. Final Thoughts Tillicum and Gorge real estate offers a compelling mix of affordability and accessibility in 2026. For buyers who value central location, transit access, and realistic pricing, this area remains one of Greater Victoria’s most practical options. Gary B., 5-Star Review, via Google “We bought a apartment and sold an apartment through Faber Group. It was a pleasure working with them, sold our apartment in one day at full price. No request was too much for them.” Faber Real Estate Group Royal LePage Coast Capital Realty 📞 250-244-3430 📧[email protected] ℹ️ Scott Faber Personal Real Estate Corporation ℹ️ Cal Faber Personal Real Estate Corporation Vanessa Wood, Zachary Parsons, and Sophie Taylor “Building Lasting Relationships, One Home at a Time.”

A Practical Option in a Competitive Market Condos are becoming a popular choice across Greater Victoria, especially for first-time buyers, downsizers, and investors. With limited land and rising home prices, many buyers are turning to condos as a practical and more affordable way to enter the market. Modern Living and Desirable Locations Newer condo buildings are seeing the strongest demand. Buyers are drawn to modern layouts, energy-efficient features, and convenient amenities. Neighbourhoods such as Downtown Victoria, Vic West, Langford, and Sidney continue to stand out for their walkability and easy access to shops, restaurants, and transit. Understanding Strata Fees Strata fees are an important factor when buying a condo, but buyers are becoming more informed and confident when reviewing them. Many now take time to understand what the fees include, how the building is managed, and whether there is a healthy contingency fund. Well-managed strata buildings continue to attract attention and hold their value over time. A Smart Step Into Homeownership Condos are also appealing to buyers who want to enter the market sooner rather than waiting for a detached home. For some, a condo is a first step into homeownership. For others, it offers a simpler lifestyle with less maintenance. In both cases, condos are proving to be a flexible and smart choice in today’s Greater Victoria real estate market. Gagandeep S., 5-Star Review, via Google “Scott and his team is a highly professional group . Scott is a very friendly person who cares for needs and requirements of his client . He makes sure that the property you are buying is your dream place and where you would like to see yourself staying forever . I'm glad that we found such a great realtor.” Faber Real Estate Group Royal LePage Coast Capital Realty 📞 250-244-3430 📧[email protected] ℹ️ Scott Faber Personal Real Estate Corporation ℹ️ Cal Faber Personal Real Estate Corporation Vanessa Wood & Zachary Parsons “Building Lasting Relationships, One Home at a Time.”