Property Type: DuplexOwnership: Strata

3847 Olympian Way

Colwood, BC V9C0R7

$1,000,000

3 bed3 bath1 parking1,790 sqftBuilt 2026
Get Directions

Property Details

Property & Lot

Sub-type
Duplex
Zoning
Residential

Ownership & Fees

Property type
Duplex
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$1

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
1

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
OtherSecond level
Laundry roomSecond level
EnsuiteSecond level5-Piece
Primary BedroomSecond level
BedroomSecond level
BathroomSecond level4-Piece
BedroomSecond level
PorchMain level
EntranceMain level
OtherMain level
BathroomMain level2-Piece
Dining roomMain level
Living roomMain level
PatioMain level
KitchenMain level
DenMain level

Listing Information

MLS®
1044610
Listed
August 4, 2026
Time on market
On the market for 27 days
Data last synced
August 28, 2026

Listing provided by: Rennie & Associates Realty Ltd. · Data source: CREA DDF.

Description

This brand-new luxury home offers a rare opportunity to own a sophisticated, modern sanctuary. A stunning high-ceiling entrance welcomes you into an expansive, open-concept main floor featuring a sleek electric fireplace and a gourmet kitchen illuminated by elegant under-cabinet lighting. This level also includes a private office/den and a convenient powder room. Upstairs, the primary suite is a true retreat, featuring a walk-in wardrobe and a spa-like 5-piece ensuite. Just down the hall, the front bedroom enjoys unobstructed views of the quaint lake. Experience year-round comfort with a ducted heat pump throughout and heated floors in all full bathrooms. Modern convenience is built in, with a single-car garage featuring a rough-in EV charger. Outside, enjoy a private patio and a fully fenced yard, perfect for pets or quiet relaxation. In a secluded, tree-lined setting, this home provides a peaceful atmosphere just minutes from essential amenities and the Olympic View Golf Course. (id:63159)

Values & Trends

This listing

$559/sqft

Building average

No other active listings in this building

Olympic View average

$511/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

15

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 SecondaryElementary1.8 km
Wishart ElementaryElementary2.1 km
Happy Valley ElementaryElementary2.2 km
Westmont Montessori School(Independent)K-122.3 km
Dunsmuir Middle SchoolMiddle2.5 km
Sangster ElementaryElementary2.6 km
Lighthouse Christian Academy(Independent)K-123.4 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 Road574 m

Parks (5+)

  • Unnamed152 m
  • Unnamed165 m
  • Unnamed175 m
  • Unnamed250 m
  • Unnamed268 m

Nearby places data: © OpenStreetMap contributors.

School district: Sooke (SD62)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($75,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$800,000.00
Periodic payment — Principal & Interest (monthly)$5,161.33
Additional monthly expenses (strata, tax, utilities, etc.)$90.08
Total monthly cost$5,251.41
Interest paid over 5-yr term$229,282.30
Balance at end of term$719,602.59

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$75,000
Stress test qualifying rate8.09%
Payment you must qualify for$7,112.93

Cash Needed at Closing

Minimum down payment$75,000
Estimated BC PTT$18,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$94,500

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.

Request more information