How Much Home Can You Afford in Victoria?

Victoria pairs a mild climate with BC's Property Transfer Tax. Prices are high but below Vancouver, with the same first-time buyer exemptions.

Average price is a 2026 estimate for illustration · Last updated: May 2026

Your Finances
Enter your household income and down payment

Estimated Victoria property tax: $390/mo on the average home. Stress-tested at 6.49%.

What You Can Afford
In Victoria, BC

Maximum purchase price

$742,620
Maximum mortgage$642,620
Victoria average home$900,000
Payment on average home$4,442/mo
Land transfer tax (avg home)$16,000

Buying in Victoria: What to Know

1

BC Property Transfer Tax applies.

2

Milder, lifestyle-driven market.

3

First-time buyer PTT exemption available.

Average Home Price
$900,000

2026 estimate

Property Tax Rate
0.52%

≈ $4,680/yr

Land Transfer Tax
$16,000

On the average home

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