Vacation Rental Properties For Sale


Are you looking for a property that can be both a long term rental and a vacation rental?  There are only a very few special buildings in Victoria that have this rare grandfathered zoning.



We have collected those special listings for you here.  Besides buying the right property, there are other rules that you need to follow to run a legal vacation rental, including getting a business license.  We are happy to help guide you to the right property and through the licensing process.


Start your search here.  Once you are ready to make a purchase, please call us and we will refine things further as we help you purchase the perfect property for your needs.


Please keep in mind that although we believe this list to accurately reflect the buildings in downtown Victoria that have the correct zoning and the necessary bylaws in place for vacation rentals, this can be a moving target! Please do not rely solely on this list and ensure that you do your own due diligence. If you believe that our information is out of date, please let us know.

Current Listings
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  • 401 610 Johnson St in Victoria: Vi Downtown Condo for sale : MLS®# 906713

    401 610 Johnson St Vi Downtown Victoria V8W 1M4
    Main Photo: 401 610 Johnson St in Victoria: Vi Downtown Condo for sale : MLS®# 906713
    • Photo 1: 401 610 Johnson St in Victoria: Vi Downtown Condo for sale : MLS®# 906713
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    • Photo 33: 401 610 Johnson St in Victoria: Vi Downtown Condo for sale : MLS®# 906713
    • Photo 34: 401 610 Johnson St in Victoria: Vi Downtown Condo for sale : MLS®# 906713
    $1,369,900
    Residential
    Status:
    Active
    MLS® Num:
    906713
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    765 sq. ft.
    Here's your top floor bohemian chic condo with its oversized southeast facing rooftop patio. Upon entry, you're welcomed to beautiful wide plank oak hardwood flooring, vaulted 13 ft. cedar ceiling with exposed beams, and oversized windows throughout providing plenty of natural sunlight. Completely remodeled kitchen with stainless steel appliances and gas stove. Open concept living room complete with a gas fireplace and generous dining area. The Primary bedroom provides a quiet space fit for a king with a walkthrough closet, 4pc master ensuite, and its own patio access. A 2nd bedroom with direct patio access and a 2pc bath which could easily be a 3pc full bath complete the interior space of this wonderful home. Seller offers this unit with a separate parking space that any solicitous Buyer can assume. One of the few buildings in the downtown core that are legally zoned to allow short term rentals in the City of Victoria. More details
    Listed by Macdonald Realty Victoria
    The Preferred Homes Team
  • 1101 751 Fairfield Rd in Victoria: Vi Downtown Condo for sale : MLS®# 906309

    1101 751 Fairfield Rd Vi Downtown Victoria V8W 4A4
    Main Photo: 1101 751 Fairfield Rd in Victoria: Vi Downtown Condo for sale : MLS®# 906309
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    $575,000
    Residential
    Status:
    Active
    MLS® Num:
    906309
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    577 sq. ft.
    Live the luxurious downtown lifestyle in the prestigious Astoria building with fabulous views & parking! This 2006-built steel & concrete tower by highly regarded Concert properties is the perfect condo for those looking to live in the gorgeous Humboldt Valley neighbourhood or use as a highly profitable investment property in the short-term rental market. Situated on the 11th Floor, just steps away from the Inner Harbour & Downtown Victoria, the Astoria is a massive draw for both locals & tourists alike. The unit offers a very efficient floor plan, large windows, in-suite laundry, no rental restrictions - air bnb allowed, pets welcome with no size restrictions, an excellent walk score of 94, resident caretaker, grand lobby, on-site gym and games room, separate storage locker, & a private NW facing balcony that offers spectacular views towards the Parliament buildings. More details
    Listed by Royal LePage Coast Capital - Oak Bay
    The Preferred Homes Team
  • 310 409 Swift St in Victoria: Vi Downtown Condo for sale : MLS®# 906629

    310 409 Swift St Vi Downtown Victoria V8W 1S2
    Main Photo: 310 409 Swift St in Victoria: Vi Downtown Condo for sale : MLS®# 906629
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    $515,000
    Residential
    Status:
    Active
    MLS® Num:
    906629
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    492 sq. ft.
    Welcome to Mermaid Wharf! This heavily sought after Oceanfront development is known for offering an excellent Westcoast lifestyle in the heart of Victoria's Historic Downtown District! FULLY RENTABLE, which includes SHORT TERM accommodation, makes this the perfect option for all buyers! If you're looking to get into the market or purchase an investment then look no further. This South facing unit boasts OCEAN VIEWS, a wonderful open and bright floorplan and in-suite laundry. This opportunity wont disappoint. Step out the front door and hop on a Kayak through the Inner Harbour or jump on the Seawall and meander the Oceanfront pathway while enjoying the long Summer days ahead. Just steps to Chinatown, Old Town and the Furniture District, with so much more to explore! The building offers an incredible roof top patio with expansive Ocean & Harbour views and even the Olympic Mountains! More details
    Listed by Pemberton Holmes - Cloverdale
    The Preferred Homes Team
  • 701 707 Courtney St in Victoria: Vi Downtown Condo for sale : MLS®# 906170

    701 707 Courtney St Vi Downtown Victoria V8W 0A9
    Main Photo: 701 707 Courtney St in Victoria: Vi Downtown Condo for sale : MLS®# 906170
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    $789,000
    Residential
    Status:
    Active
    MLS® Num:
    906170
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    809 sq. ft.
    Welcome home to this modern corner unit in The Falls! Situated in the heart of downtown Victoria, this condo offers floor-to-ceiling windows with ample natural light and elegant finishings throughout the home. Featuring chef's kitchen with granite counters and stainless steel appliances, including gas cooktop, hardwood floors, and air conditioning. Within walking distance of the Inner Harbour, Beacon Hill Park, restaurants, pubs, and other amenities, the location is perfect for experiencing the best of the Victoria lifestyle. This building also features a fitness centre, pool, hot tub, separate storage, plus this unit comes with secure underground parking. The Falls also allows unrestricted rentals and pets. Offered as a fully furnished unit and buyer can take over the nearly fully booked short term rentals. Truly the perfect investment. More details
    Listed by RE/MAX Camosun
    The Preferred Homes Team
  • 414 456 Pandora Ave in Victoria: Vi Downtown Condo for sale : MLS®# 905935

    414 456 Pandora Ave Vi Downtown Victoria V8W 0E3
    Main Photo: 414 456 Pandora Ave in Victoria: Vi Downtown Condo for sale : MLS®# 905935
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    $1,199,900
    Residential
    Status:
    Active
    MLS® Num:
    905935
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    832 sq. ft.
    Gorgeous Sub-Penthouse situated in the Historic Janion Building with Breathtaking Views of Victoria’s Inner Harbour and Olympic Mountains! Offering 2 Bedrooms, and 2 Bathrooms, this Steel & Concrete Built Condo is Zoned for Short Term Rentals and could easily provide a Hotel like Experience for Guests! Featuring Floor to Ceiling Curved Windows, In-Suite Laundry, one Parking Stall, Kitchen with Stainless Steel Appliances, Large Common Roof Top Deck with Bbq/Kitchen and Washrooms, and Private Kayak Launch. The Janion is situated perfectly to enjoy the sights and sounds of Victoria’s best Shopping and Restaurant District, Chinatown, Market Square, Bastion Square, and Boutique Shopping on Lower Johnson Street (LoJo), Yates & Government Streets. Don’t Miss This Incredible Opportunity to own a piece of Victoria’s Historic Inner Harbour - Call Today! More details
    Listed by Stonehaus Realty Corp
    The Preferred Homes Team
  • 702 751 Fairfield Rd in Victoria: Vi Downtown Condo for sale : MLS®# 904177

    702 751 Fairfield Rd Vi Downtown Victoria V8W 4A4
    Main Photo: 702 751 Fairfield Rd in Victoria: Vi Downtown Condo for sale : MLS®# 904177
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    $699,000
    Residential
    Status:
    Active
    MLS® Num:
    904177
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    751 sq. ft.
    One bedroom + den corner suite at the prestigious Concert Properties built Astoria in Humboldt Valley. Modern open concept floor plan and gorgeous city views, mere blocks from the heart of Downtown and Cook St Village and only steps from the Inner Harbour. This 7th floor suite offers in suite laundry, engineered wood floors, balcony, underground secure parking and a storage locker. Enjoy the fantastic amenities in this steel and concrete building, including a common lounge, games room and fitness room. A truly walkable downtown lifestyle location, so no need for a car. Pets and rentals welcome with short term rentals also permitted. More details
    Listed by Duttons & Co. Real Estate Ltd
    The Preferred Homes Team
  • 114 456 Pandora Ave in Victoria: Vi Downtown Condo for sale : MLS®# 904677

    114 456 Pandora Ave Vi Downtown Victoria V8W 0E3
    Main Photo: 114 456 Pandora Ave in Victoria: Vi Downtown Condo for sale : MLS®# 904677
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    $1,089,000
    Residential
    Status:
    Active
    MLS® Num:
    904677
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    850 sq. ft.
    This coveted, south facing, unobstructed waterfront condo will never lose its view! Featuring 2 bedrooms and 2 bathrooms this waterfront condo in the Janion has floor to ceiling windows in the living room with ocean views from each room. The Janion is a well-known short-term rental building in the heart of downtown Victoria. Flexible zoning allows for air bnb/nightly rentals, full time owner occupancy or long-term rentals. Enjoy breathtaking sunsets from your patio and watch in awe as the blue bridge rises! Only 9 units of the 120 in the building have a secure underground parking spot, and this is one of them! Storage locker, communal rooftop patio, gym and kayak storage are available for your use. This is an iconic building with an iconic view! More details
    Listed by Sotheby's International Realty Canada
    The Preferred Homes Team
  • 405 1602 Quadra St in Victoria: Vi Central Park Condo for sale : MLS®# 904222

    405 1602 Quadra St Vi Central Park Victoria V8W 2L4
    Main Photo: 405 1602 Quadra St in Victoria: Vi Central Park Condo for sale : MLS®# 904222
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    $619,900
    Residential
    Status:
    Active
    MLS® Num:
    904222
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    863 sq. ft.
    PENTHOUSE top floor rear facing unit at the Palladian, an award winning Heritage conversion boutique complex in close proximity to the downtown core, within walking distance to everything, and one of the few Short Term Vacation Rental STVR AirBnB approved buildings in Victoria, with flexible CA-3C live / work zoning. A bright West facing unit on the quiet side of the building, with a great floor plan, separate office or den, huge master with walk-in closet, and many character features, such as exposed bricks, tall ceilings, fixtures, high end finishing details like new engineered hardwood floors, thick granite counter tops, stainless appliances, and marble walls and floors, all overlooking an eclectic private courtyard. Enjoy the private balcony, or the common roof top patio with shared BBQ with panoramic city views. Walk Score is 99,. Transit 76, Bike 74. Currently rented on a month to month basis to very tidy, friendly, and professional tenant who would very much like to stay. More details
    Listed by Coldwell Banker Oceanside Real Estate
    The Preferred Homes Team
  • 405 732 Cormorant St in Victoria: Vi Downtown Condo for sale : MLS®# 904118

    405 732 Cormorant St Vi Downtown Victoria V8W 4A5
    Main Photo: 405 732 Cormorant St in Victoria: Vi Downtown Condo for sale : MLS®# 904118
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    • Photo 19: 405 732 Cormorant St in Victoria: Vi Downtown Condo for sale : MLS®# 904118
    $1,099,000
    Residential
    Status:
    Active
    MLS® Num:
    904118
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,273 sq. ft.
    Welcome to Corazon Oasis! A 5 star, legally operating, vacation rental condo in the heart of downtown Victoria. Featuring a spacious master bedroom with sitting area, walk-in closet and full 5 piece ensuite, open concept living, kitchen and dining, a large den that has been converted into a third bedroom and a 20ft balcony with city views. This condo comes fully furnished and turn key with $50,000 in bookings over the next 4 months! Nightly rates vary form $700/n in the high season to $300/n in the low season. This investment condo blows away cap rates of other real estate investments in this price range, and will generate you passive income for years to come. 1 underground parking spot and storage locker included. Offered at $1,099,000 + GST. More details
    Listed by Sotheby's International Realty Canada
    The Preferred Homes Team
  • 1901 707 Courtney St in Victoria: Vi Downtown Condo for sale : MLS®# 893005

    1901 707 Courtney St Vi Downtown Victoria V8W 0A9
    Main Photo: 1901 707 Courtney St in Victoria: Vi Downtown Condo for sale : MLS®# 893005
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    • Photo 43: 1901 707 Courtney St in Victoria: Vi Downtown Condo for sale : MLS®# 893005
    $1,400,000
    Residential
    Status:
    Active
    MLS® Num:
    893005
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,069 sq. ft.
    South / East Corner Penthouse at the Prestigious Falls just steps away from the Inner Harbour, this one owner home features: 2 Bed / 2 Bath, wraparound balcony, high ceiling, expansive windows, an abundance of natural light, 2 parking stalls, 97 walk score, heat pump / Air conditioning, island kitchen with gas range, building amenities incl. pool, hot tub, gym, transient zoning, resident caretaker, rentals permitted, pets welcome and World Class Views over the Parliament Buildings, City, Ocean & Olympic Mountains beyond. This Trophy Property is truly a rare opportunity that discriminating buyers will appreciate. More details
    Listed by RE/MAX Generation
    The Preferred Homes Team
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Data was last updated June 28, 2022 at 04:05 AM (UTC)

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.