Property Type: TownhouseOwnership: Strata

20 3921 Olympian Way

Colwood, BC V9C0T1

$999,900

3 bed3 bath2 parking1,684 sqftBuilt 2024
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Lot size
2,002 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$378/mo
Annual property tax
$4,872.14

Interior

Heating
Heat Pump, Baseboard heaters, Electric, Other
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
2

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
EnsuiteSecond level5-Piece
Primary BedroomSecond level
BedroomSecond level
BathroomSecond level4-Piece
Laundry roomSecond level
BedroomSecond level
OfficeSecond level
PatioMain level
BathroomMain level2-Piece
KitchenMain level
Dining roomMain level
Living roomMain level
EntranceMain level

Listing Information

MLS®
1031947
Listed
April 13, 2026
Time on market
On the market for 140 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver Island · Data source: CREA DDF.

Description

A rare opportunity to own the final home at Olympic Breeze. This bright and spacious 3-bedroom, 3-bath townhome offers 1,684ft² of thoughtfully designed living across two levels. The main floor features an open-concept layout with a modern kitchen, waterfall-edge quartz countertops, and seamless flow to the living and dining areas, opening onto a private ground-level patio with gas BBQ hookup. Upstairs, all three bedrooms are well positioned, including a generous primary suite with walk-in closet and ensuite, plus a full laundry room and a west-facing balcony. Built to BC Step Code 3, this energy-efficient home includes a heat pump, engineered hardwood, gas FP, stainless steel appliances, and a double garage with EV outlet. Backed by a 2-5-10 New Home Warranty, with potential Property Transfer Tax exemptions and GST rebates for qualifying buyers. Located in a boutique 14-home community near Olympic View Golf Course, parks, and trails - modern West Coast living in a natural setting. (id:63159)

Values & Trends

This listing

$594/sqft

Building average

No other active listings in this building

Olympic View average

$539/sqft

6 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Esquimalt

15°C

Humidity 82%

Wind N 2 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

18,961

(2021 Census)

+12.5% since 2016

Density: 1,073.7/km²

Dwellings: 7,688

Median household income: $102,000

After-tax: $89,000

Immigrant population: 12.7%

Top countries of origin (% of total population)

  • United Kingdom2.7% · 515
  • United States of America1.1% · 200
  • Philippines0.8% · 160
  • China0.7% · 125
  • Germany0.6% · 115
  • Korea, South0.5% · 90
  • India0.4% · 75
  • Portugal0.3% · 60

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

19

2/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Royal Bay SecondaryElementary1.6 km
Wishart ElementaryElementary2.1 km
Westmont Montessori School(Independent)K-122.2 km
Dunsmuir Middle SchoolMiddle2.4 km
Happy Valley ElementaryElementary2.5 km
Sangster ElementaryElementary2.5 km
Lighthouse Christian Academy(Independent)K-123.6 km
Colwood ElementaryElementary3.6 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Grocery (1)

  • Red Barn Market · 611 Brookside Road370 m

Parks (5+)

  • Unnamed135 m
  • Unnamed319 m
  • Unnamed347 m
  • Latoria Walk Park362 m
  • Desmond South Park488 m

Nearby places data: © OpenStreetMap contributors.

School district: Sooke (SD62)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($74,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$799,920.00
Periodic payment — Principal & Interest (monthly)$5,160.81
Additional monthly expenses (strata, tax, utilities, etc.)$868.14
Total monthly cost$6,028.95
Interest paid over 5-yr term$229,259.37
Balance at end of term$719,530.63

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$74,990
Stress test qualifying rate8.09%
Payment you must qualify for$7,112.23

Cash Needed at Closing

Minimum down payment$74,990
Estimated BC PTT$17,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$94,488

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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