Property Type: Condo / ApartmentOwnership: Strata

208 383 Wale Rd

Colwood, BC V9B2P9

$320,000

2 bed1 bath1 parking719 sqftBuilt 2005
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
733 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$507/mo
Annual property tax
$2,387.95

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions

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

Room Dimensions

RoomLevelDimensions
EntranceMain level9'0 x 3'10
BalconyMain level4'10 x 8'4
BedroomMain level9'7 x 9'9
BathroomMain level8'3 x 5'9
Primary BedroomMain level11'2 x 13'3
KitchenMain level9'0 x 9'10
Living roomMain level13'5 x 13'10

Listing Information

MLS®
1040458
Listed
June 17, 2026
Time on market
On the market for 76 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Queenswood Realty Ltd. · Data source: CREA DDF.

Description

Set on the quiet side of the well-managed Wale Cove building, this updated 2-bedroom, 1-bath condo delivers comfort, convenience, and exceptional value in one of Colwood’s most walkable neighbourhoods. The bright, open-concept layout features a refreshed kitchen with updated cabinetry, counters, and appliances, along with updated flooring throughout and a modernized bathroom with new cabinets and fixtures. Two well-proportioned bedrooms provide flexibility for guests, a home office, or shared living. Practical features include in-suite laundry, secure underground parking, a separate storage locker, and shared bike storage. The professionally managed strata allows BBQs and pets (one dog up to 15 kg or one cat), making this an easy lifestyle choice. Just steps from Colwood Corners, you’re within walking distance of groceries, dining, transit, and the Juan de Fuca Recreation Centre, with quick access to the Galloping Goose Trail, Royal Roads University, and the waterfront at Esquimalt Lagoon. A bus stop just around the corner makes commuting downtown simple and stress-free. Ideal for first-time buyers, downsizers, or investors seeking a solid, well-located property with lasting appeal. (id:63159)

Values & Trends

This listing

$445/sqft

Building average

$555/sqft

1 active listing(s)

Colwood Corners average

$602/sqft

4 active listing(s)

Parking: 1 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

59

8/9 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
Brookes Westshore(Independent)Elementary475 m
Savory ElementaryElementary925 m
Crystal View ElementaryElementary997 m
Westshore Secondary SchoolSecondary1.2 km
John Stubbs MiddleElementary1.3 km
John Stubbs ElementaryElementary1.3 km
Colwood ElementaryElementary1.3 km
David Cameron ElementaryElementary1.7 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

Restaurants (5+)

  • Momo Sushi313 m
  • Asian Noodle House · 313 Goldstream Avenue355 m
  • Burger Crush468 m
  • Opa! of Greece473 m
  • Hardy's Bar & Grill · 1951 Sooke Road496 m

Cafes (3)

  • Pilgrim Coffee · 1910 Sooke Road400 m
  • Tim Hortons · 1820 Island Highway485 m
  • Starbucks · 1911 Sooke Road567 m

Grocery (2)

  • Thrifty Foods · 1860 Island Highway323 m
  • Save-on-Foods · 1913 Sooke Road498 m

Parks (5+)

  • Gamble Park260 m
  • Millstream Creek Park370 m
  • Unnamed371 m
  • Selica Park412 m
  • Unnamed456 m

Shopping (1)

  • Unnamed · 310 Goldstream Avenue327 m

Gyms (2)

  • Victoria Barbell372 m
  • Club Pilates566 m

Pharmacies (2)

  • Rexall · 1880 Island Highway397 m
  • London Drugs541 m

Banks & ATMs (5+)

  • CIBC353 m
  • RBC405 m
  • Coast Capital Savings460 m
  • TD462 m
  • 4 Mile Liquor - Sooke - Bitcoin Well ATM · 1905 Sooke Road534 m

Nearby places data: © OpenStreetMap contributors.

School district: Sooke (SD62)

Other Listings in This Building

Other units currently listed in the same building. 208 383 Wale Rd

View building profile →
Built 2005

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($16,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$256,000.00
Periodic payment — Principal & Interest (monthly)$1,651.63
Additional monthly expenses (strata, tax, utilities, etc.)$741.77
Total monthly cost$2,393.39
Interest paid over 5-yr term$73,370.34
Balance at end of term$230,272.83

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$16,000
Stress test qualifying rate8.09%
Payment you must qualify for$2,337.65

Cash Needed at Closing

Minimum down payment$16,000
Estimated BC PTT$4,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$21,900

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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