Property Type: TownhouseOwnership: Strata

22 551 Bezanton Way

Colwood, BC V9C0C5

$999,900

3 bed3 bath2 parking2,100 sqftBuilt 2008
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Lot size
2,614 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$540/mo
Annual property tax
$4,238.8

Interior

Heating
Forced air, Natural gas
Cooling / A/C
None
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
Utility roomLower level6'4 x 6'8
Laundry roomMain level4'0 x 4'0
OfficeLower level6'0 x 11'0
BedroomLower level12'0 x 10'3
BedroomLower level12'0 x 11'2
Family roomLower level23'0 x 13'3
EnsuiteMain level9'0 x 8'2
BathroomMain level2-Piece
BathroomLower level5'0 x 9'10
Primary BedroomMain level12'8 x 15'4
KitchenMain level11'4 x 12'2
PatioLower level6'10 x 17'0
BalconyMain level9'0 x 15'3
Dining roomMain level11'0 x 12'0
Living roomMain level12'7 x 17'7
StorageLower level10'0 x 12'0
EntranceMain level5'5 x 9'8

Listing Information

MLS®
1042512
Listed
July 7, 2026
Time on market
On the market for 56 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Camosun · Data source: CREA DDF.

Description

Welcome to Madrona Creek, one of Colwood's most sought-after gated communities, where quality craftsmanship meets peaceful West Coast living. This beautifully maintained townhome offers the convenience of true main-level living, featuring a spacious primary bedroom with an ensuite, hardwood floors, an open-concept living and dining area, heat pump for year-round comfort, and a double-car garage. The bright kitchen flows seamlessly into the dining room and the living room with vaulted ceilings and a feature gas fireplace. The deck is just off the living room, creating the perfect space to relax and enjoy the tranquil natural surroundings. The walk-out lower level offers exceptional flexibility with two generous bedrooms, a large family room, full bathroom, and ample storage, ideal for guests, extended family, or hobbies. Backing directly onto Madrona Park and the scenic North Latoria Creek greenbelt, you'll enjoy a private, park-like setting with nature trails right outside your door. Located just minutes from the vibrant seaside community of Royal Bay, you'll have easy access to beautiful beaches, waterfront walking paths, parks, boutique shops, restaurants, cafés, and the growing amenities at The Commons at Royal Bay. Outdoor enthusiasts will appreciate the nearby Olympic View Golf Club, extensive trail network through Latoria Creek Park, and miles of oceanfront to explore at The Beachlands Park. Offering the perfect blend of low-maintenance living, natural beauty, and everyday convenience, this is a rare opportunity to own in one of the Westshore's premier townhouse communities. (id:63159)

Values & Trends

This listing

$476/sqft

Building average

No other active listings in this building

Olympic View average

$559/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

14°C

Humidity 88%

Wind NNW 7 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 SecondaryElementary1.1 km
Wishart ElementaryElementary2.1 km
Dunsmuir Middle SchoolMiddle2.1 km
Westmont Montessori School(Independent)K-122.1 km
Sangster ElementaryElementary2.3 km
Happy Valley ElementaryElementary3.1 km
Colwood ElementaryElementary3.7 km
Westshore Secondary SchoolSecondary3.8 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 Road472 m

Parks (5+)

  • Unnamed96 m
  • Madronna Bank117 m
  • Coleman Park121 m
  • Unnamed162 m
  • Unnamed218 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.)$998.23
Total monthly cost$6,159.05
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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