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Departments > Sustainability > Housing
Housing in Victoria
The information contained here is a summary of the City of Victoria's housing stock and our response to housing affordability and homelessness. The primary source of data is the 2006 census. As well building permit data and CHMC rental surveys assist in providing an overall picture of the condition and affordability of Victoria's housing stock.
The City of Victoria works in partnership with groups and organizations that address housing policy in the Capital Regional District. Based on the OCP (1995), the City is addressing housing affordability and other key areas of concern including homelessness, adaptable housing and secondary suites.
On this page you will find information on:
Characteristics of Housing Stock
Below you will find a summary of:
- Dwelling Unit Numbers
- Tenure
- Vacancy Rates
- Residential Development
- Residential Selling Prices
- 2010 Housing Report - [PDF 1.1MB]
Dwelling Unit Numbers
According to the 2006 census, there are 41, 705 private dwellings in the City of Victoria. This is an increase from 2001 by 2,110 units (5.3%). Our housing mix looks like this:
| Total number of occupied private dwellings by structural type of dwelling |
41705 |
% |
| Single-detached house |
6580 |
16% |
| Semi-detached house |
965 |
2% |
| Row house |
2015 |
5% |
| Apartment, duplex |
3965 |
10% |
| Apartment, building that has five or more storeys |
6230 |
15% |
| Apartment, building that has fewer than five storeys |
21815 |
52% |
| Other single-attached house |
120 |
0% |
| Movable dwelling |
30 |
0% |
Source: Statistics Canada 2006
Single detached homes make up 16% of our housing mix. Semi-detached, townhouse or duplex account for 17% and apartments make up the balance (67%). The average number of rooms per dwelling is 4.7 and the average number of bedrooms per dwelling is 1.8.
Our housing stock is relatively well maintained. Seventy percent (70%) of our private occupied dwellings require regular maintenance only while another 23% require some minor repairs. Only 7% of occupied dwellings require major repairs.
The age of dwelling units in Victoria looks like this:
Source: Statistics Canada 2006
Tenure
Tenure for the City of Victoria compared to the Capital Region and the province looks like this:
| Owner and Renter Occupied Dwellings 2006 |
Total |
Owner |
Renter |
% own |
% rent |
| Victoria |
41705 |
16880 |
24825 |
40 |
60 |
| CRD |
152345 |
99980 |
52365 |
66 |
34 |
| BC |
1643150 |
1145050 |
493995 |
70 |
30 |
Source: Statistics Canada 2006
| Victoria Tenure 1996-2006 |
Owner |
Renter |
% own |
% rent |
| 1996 |
14080 |
24290 |
37 |
63 |
| 2001 |
14860 |
24735 |
37.5 |
62.5 |
| 2006 |
16880 |
24825 |
40 |
60 |
| Household Tenure |
Victoria |
CMA |
BC |
| Rental |
59.5% |
34% |
30% |
| Owner |
40.5% |
66% |
70% |
Source: Statistics Canada 2006
Sixty percent of Victorians are renters compared to the CRD average of 34%. Ownership in Victoria has risen 3% between 1996-2006, but still lags far behind both the CRD average (66%) and the provincial average (70%).
Vacancy Rates
Vacancy and availability rates are measured every spring and fall by Canada Mortgage and Housing Corporation. Results from 2010 are below:
Primary Rental Market
(Purpose built rental buildings with 3+ units per building) |
Number Units |
Total Vacant |
Average Rent 2010 |
Average Rent 2009 |
Difference |
| Bachelor |
2141 |
16 |
$668 |
$650 |
2.70% |
| 1 Bedroom |
9419 |
151 |
$817 |
$800 |
2.10% |
| 2 Bedroom |
4137 |
39 |
$1,044 |
$1,015 |
2.90% |
| 3 Bedroom |
220 |
3 |
$1,294 |
$1,294 |
0% |
| Total |
15825 |
208 |
- |
- |
- |
Current vacancy rate: 1.30%
National vacancy rate: 2.60%
Healthy vacancy rate: No official percentage exists. Guestimated at 3%
| Secondary Rental Market |
2009 |
2010 |
Difference |
| Total Condominiums |
10420 |
11064 |
644 |
| Rental Units |
2285 |
2506 |
221 |
| % units in rental market |
21.90% |
22.70% |
0.80% |
| Vacancy rate |
1.90% |
1.50% |
0.40% |
(Source: CMHC Rental Market Fall 2010 Survey)
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Residential Development
There were 142 residential building permits issued in 2010 for a total of 369 units net gain of new housing. Building permits counted include demolitions, conversions and new construction only. It does not include plumbing or electrical permits. There were 5 large projects in Downtown and Harris Green accounting for 199 (60%) of the new units. The Downtown neighbourhood continues to see a steady addition of both ownership and rental housing in the core. In 2010, there were 49 secondary suites created within the City limits.
| 5 year City-Wide Housing Activity |
2006 |
2007 |
2008 |
2009 |
2010 |
Total 2006-2010 |
| New Build |
844 |
844 |
844 |
844 |
844 |
844 |
| Demolitions |
-30 |
-61 |
-27 |
-28 |
-39 |
-185 |
| New Construction |
625 |
844 |
116 |
161 |
274 |
2020 |
| Conversions |
140 |
263 |
14 |
238 |
85 |
740 |
| Secondary Suites |
9 |
25 |
31 |
44 |
49 |
158 |
| Net New Units = 2733 |
| Secondary Suites 2005 - 2010 |
| Neighbourhood |
2005 |
2006 |
2007 |
2008 |
2009 |
2010 |
Total 2005-10 |
| Burnside |
1 |
0 |
0 |
1 |
0 |
2 |
4 |
| Downtown |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
| Fairfield |
3 |
1 |
3 |
5 |
8 |
12 |
32 |
| Fernwood |
1 |
1 |
4 |
3 |
3 |
8 |
20 |
| Gonzales |
4 |
4 |
8 |
6 |
10 |
7 |
39 |
| Harris Green |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
| Hillside Quadra |
1 |
1 |
1 |
4 |
3 |
5 |
15 |
| James Bay |
1 |
0 |
3 |
3 |
4 |
3 |
14 |
| Jubilee |
0 |
1 |
2 |
1 |
0 |
2 |
6 |
| North Park |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
| Oaklands |
0 |
0 |
0 |
5 |
10 |
5 |
20 |
| Rockland |
1 |
0 |
1 |
0 |
1 |
3 |
6 |
| Vic West |
0 |
1 |
3 |
3 |
5 |
2 |
14 |
| Total |
12 |
9 |
25 |
31 |
44 |
49 |
170 |
| 2000-2010 Permit Activity |
Total Bldg Permits |
Permit Value
($ millions) |
| Year 2000 |
2848 |
103 |
| Year 2001 |
2907 |
106 |
| Year 2002 |
2827 |
145 |
| Year 2003 |
2944 |
133 |
| Year 2004 |
2927 |
129 |
| Year 2005 |
3244 |
206 |
| Year 2006 |
3626 |
230 |
| Year 2007 |
3381 |
281 |
| Year 2008 |
3412 |
178 |
| Year 2009 |
3609 |
318 |
| Year 2010 |
4210 |
144 |
In 2010 there was a 17% increase in building permits issued with a 55% decrease in construction value from 2009. The number of permits issued surpasses the total number issued in the past 10 years by 16%.
Note: The above table includes all building permits issued during each fiscal year, including electrical and plumbing permits.
Residential Selling Prices
| 2010 Monthly Median House Sales Summary - City of Victoria |
Jan |
Feb |
Mar |
Apr |
May |
June |
| SFD |
$674,000 |
$604,000 |
$573,500 |
$579,000 |
$612,950 |
$536,000 |
| Condominium |
$299,950 |
$298,000 |
$316,250 |
$299,900 |
$285,000 |
$309,500 |
| Townhouse |
$552,500 |
$481,000 |
$565,000 |
$453,500 |
$422,000 |
$382,500 |
| 2010 Monthly Median House Sales Summary - City of Victoria |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
| SFD |
$534,000 |
$565,000 |
$540,000 |
$533,700 |
$514,550 |
$565,000 |
| Condominium |
$280,000 |
$290,000 |
$276,000 |
$265,450 |
$255,000 |
$280,000 |
| Townhouse |
$416,000 |
$385,000 |
$385,000 |
$499,900 |
$342,500 |
$496,500 |
Victoria has experienced overall growth in housing prices since 1997, hitting its peak in 2008, and experiencing a slight drop in 2009, but showed full recovery in 2010.
| 1997-2010 Average Sale Prices |
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
| SFD |
$223,504 |
$231,864 |
$227,309 |
$231,735 |
$243,445 |
$256,275 |
$317,540 |
| Condominium |
$151,952 |
$162,065 |
$168,989 |
$153,337 |
$145,131 |
$158,628 |
$205,379 |
| Townhouse |
$208,072 |
$204,878 |
$186,864 |
$195,396 |
$204,144 |
$217,004 |
$264,941 |
| 1997-2010 Average Sale Prices |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
2010 |
| SFD |
$359,000 |
$445,017 |
$444,750 |
$490,000 |
$569,805 |
$505,000.00 |
$600,564.00 |
| Condominium |
$237,110 |
$278,782 |
$255,005 |
$288,850 |
$322,670 |
$327,500.00 |
$319,413.00 |
| Townhouse |
$310,263 |
$376,789 |
$355,000 |
$374,900 |
$463,142 |
$425,000.00 |
$463,985.00 |
Source: Victoria Real Estate Board
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2010 Victoria Housing Report
To print a copy of the 2010 Victoria Housing Report, click here - [PDF 1.1MB]
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Victoria Comprehensive Housing Strategy
City Council received and approved a Comprehensive Housing Strategy for the City of Victoria on July 12th, 2007. The work program outlined in the strategy is aligned with the Regional Housing Affordability Strategy (RHAS) - [PDF 396KB] and reflects the high priority ascribed to housing by citizens in the City's Annual Citizen Survey.
This picture illustrates the housing continuum in the City of Victoria. The affordability challenges in the City exist across this continuum but particularly in the production of low end of market ownership housing, primarily due to the price of land. Click here to read a copy of the Comprehensive Housing Strategy - [PDF 83KB].
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Assisted Housing
The purpose of assisted housing is to provide accommodation for eligible senior citizens, families and individuals. To qualify for assisted housing, applicants are assessed on the basis of need. In Victoria, assisted housing includes a variety of:
- Self-contained rental units in apartments and townhouses for families, seniors and individuals
- Co-op housing
- Complex care facilities
- Transition housing
- Shelters
- Youth housing
- Supportive housing
- Group homes
Located throughout the city, we have the following numbers of assisted living units for each target group:
| Housing (# units) |
| Adult |
329 |
| Co-ops |
396 |
| Families |
944 |
| Seniors |
2033 |
| Shelters |
182 |
| Youth |
26 |
| Totals |
3910 |
Assisted housing is managed by housing providers. Key housing providers in Victoria include:
Most assisted housing can be applied for through BC Housing.
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Affordable Housing
The City of Victoria is an active partner and a strong advocate for affordable housing throughout the city. We recognize the role that housing plays in creating a strong, vibrant and diverse community. Since 2004 the City of Victoria has been proactively addressing our affordable housing issue. While not an all-encompassing list, some activities we have undertaken include:
- creating a "supported housing first" policy with concurrent fast tracking of non-profit applicants,
- approving an expansion of the secondary suites bylaw - [PDF 51KB] followed by an education campaign that included print and electronic media as well as public information sessions,
- establishing the Victoria Housing Fund to assist in capital development of non-market housing, with a guaranteed annual contribution of $250,000 from the GST rebate,
- adopting a bonus density policy - [PDF 103KB] for our downtown neighbourhood and utilizing legal instruments (housing agreements) to secure commitments,
- adopting a strata conversion policy disallowing rental units (of 4 or more in a building) to be converted to ownership based on a vacancy rate of 4% or less,
- relaxing regulations that permit conversions of existing motels into smaller than minimum allowed to assist in making these projects viable and creating more units (i.e. the Jolly Knight Motel),
- working with many different housing agencies (both private and public) to create opportunities to address housing needs across the housing continuum (e.g. The Housing Action Team of the Capital Region's Housing Secretariat),
- creating a community resources inventory which tracks social housing projects (number and size of units and target groups) to ensure that the citizens understand the breadth and scope of the housing continuum,
- working to develop strong relationships beyond traditional partnerships through our work to develop a Victoria Agreement (2004-2007),
- creating an annual housing report - [PDF 1.1MB] that tracks new construction, demolitions and conversions including heritage buildings and secondary suites,
- providing briefing notes for our Mayor and provincial housing minister to meet with their federal government counterpart,
- participating at the provincial level through the use of UBCM resolutions and suggesting agenda items for the Large Cities Forum.
- providing financial assistance and participating in the Greater Victoria Coalition to End Homelessness
Click here to see a summary of activity on affordable housing activity between 2008-2010 - [PDF 306KB]
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Greater Victoria Coalition to End Homelessness
In May 2007, then Mayor Alan Lowe established the Task Force on Breaking the Cycle of Homelessness, Addictions and Mental Health. His expectations were to find a better way to deal with the problems of the addicted, mentally ill and other homeless residents on the streets and the impacts these issues are having on our city. In a short period of time (120 days) the Task Force researched and wrote a comprehensive plan for resolving our homeless crisis in Victoria which is now in the early stages of implementation (Summer, 2008). Partnerships have been created, financial resources have been allocated and The Greater Victoria Coalition to End Homelessness, under the leadership of the Honourable Ted Hughes, has been incorporated to implement the work of the task force. To read more about the work of the Coalition, please click here.
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Links to Other Resources
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