Greater Victoria Reduced Townhomes: Last 14 Days

3 Beds ⋅ 4 Baths ⋅ 1052801 MLS ⋅ The Terraces BLDG.

An impressive single family 3 level walkout home offers 3266 sq ft of premium custom upgrades throughout, with rough-in elevator chute to access all 3 levels! Option for rental suite on 3rd level. Thoughtful designed layout perfect for families and entertaining, with 20ft vaulted ceiling, floor to ceiling windows captures the beauty of the Olympic mountains and ocean views from every level! Features open living area 2 gas fireplaces, modern kitchen, 2 dining areas, hardwood floors, large primary with spa ensuite, private deck, upstairs Loft, 2nd bedroom and bath. Third level offers an expansive games room, gas fireplace, wet bar, 3rd bedroom, 4 piece bath, storage. Walk-out to a covered patio, professionally landscaped low maintenance yard, wired for water feature. Large 2 car garage, loads of storage centra vac. This is a stunning home in a sought after location, close to The Red Barn, golf courses, trails, Royal Bay, schools; healthcare professionals.

614 Granrose Terr Unit ##10, Colwood

Courtesy of Team 3000 Realty Ltd

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About these figures: The map shows the reduced listings on this page. The six figures describe every active townhome listing in Greater Victoria, so you can compare the price drops with the whole market.

Full Greater Victoria townhome market report »

Townhomes with reduced prices for sale in Greater Victoria

Reduced Townhomes, Updated Daily

Townhome Price Drops in Greater Victoria

Townhomes across Greater Victoria whose asking price has come down in the last 14 days, with the newest reductions first, checked every morning.

Reduced Townhomes

Greater Victoria Townhomes With a Lower Asking Price

This page lists every townhome for sale in Greater Victoria whose price has been cut in the last 14 days. Every morning we compare the asking price of every home for sale in Greater Victoria with the price the day before. Any listing whose price has come down appears here for 14 days, as long as it is still for sale and still priced below where it was, with the most recent reductions first.

Townhomes sit between condos and houses on price, and a large share of them are new. Of the 25 newest Langford and Colwood townhome listings in late October 2026, every one was built in 2015 or later, and most since 2022, so builders' homes and resales often compete for the same buyers.

Checked Every Morning

Every townhome listing's price is compared with the day before.

Fourteen Days

A reduced townhome stays on this page for two weeks while it is for sale.

New Versus Resale

Builders' inventory and recent resales often compete in the same complex.

Strata Still Matters

Fees, reserves and roof or siding plans affect the real price.

Why Townhomes Get Reduced

On the Westshore, many townhome complexes are still selling new homes while earlier buyers resell, so a resale priced above the builder's current homes, or a builder with unsold homes heading into winter, may cut the price. In older complexes across Saanich, Victoria and View Royal, reductions are more often about condition and strata finances, such as roofs, siding, windows and decks coming due.

What to Check Before You Offer

Ask whether the complex is a conventional strata, where the strata usually maintains exteriors, or a bare land strata, where owners often look after their own buildings. Read the Form B, minutes, depreciation report and bylaws, and for a newer home ask how much of the BC home warranty is left: two years on materials and labour, five on the building envelope and ten on the structure. Newly built homes may also come with GST, so compare the all-in cost with a resale. Our strata buying guide and warranty guide cover the details.

Families and Downsizers

Townhomes appeal to young families who want three bedrooms and a yard and to downsizers who want ground-level living with less upkeep, and a reduction can bring a home within reach of either. Check the pet limits, parking and storage, any 55-plus age restriction, and the school catchment, which can change from one side of a street to the other.

Browse Townhomes by Area

To see all townhomes, not only reduced ones, start with Langford, Colwood, Saanich or all Greater Victoria townhomes, or see the just listed townhomes.

Greater Victoria Townhome Market Report Asking prices, days on market and recent townhome sales across the region. All Price Drops Every reduced home in Greater Victoria, newest reductions first. Just Listed Townhomes Townhomes that have just come on the market, newest first.