Property Type: TownhouseOwnership: Strata

4 937 Colville Rd

Esquimalt, BC V9A4P4

$599,000

2 bed1 bath799 sqftBuilt 2021
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Lot size
799 square feet
Zoning
Residential

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$174/mo
Annual property tax
$4,239.02

Interior

Heating
Baseboard heaters, Heat Recovery Ventilation (HRV), Electric
Cooling / A/C
None
Fireplace
Yes (1)

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
PatioMain level
Laundry roomMain level
BedroomMain level
BathroomMain level5-Piece
Primary BedroomMain level
Living roomMain level
KitchenMain level
EntranceMain level

Listing Information

MLS®
1047271
Listed
August 19, 2026
Time on market
On the market for 12 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

Welcome to The Azure, a boutique 6-unit townhome development in a highly connected and walkable Esquimalt location. Built in 2021, this modern 2-bedroom, 1-bathroom home offers approximately 799 sq.ft. of thoughtfully designed living space with a smart layout that separates the living and sleeping areas for added privacy and comfort. The bright open-concept main living area creates a warm and inviting atmosphere, perfect for everyday living and entertaining. The contemporary kitchen features quartz countertops, stainless steel appliances, sleek cabinetry, and a functional island with seating that flows seamlessly into the dining and living space. An electric fireplace adds warmth and character. Both bedrooms are well-sized and positioned for privacy, including a comfortable primary retreat. The bathroom features modern finishes and heated floors for added comfort. In-suite laundry and low-maintenance construction provide everyday convenience and peace of mind. Step outside to your private patio, an ideal space to relax and enjoy the quiet surroundings. This pet-friendly and rental-friendly strata offers flexibility for first-time buyers, investors, or long-term owners. Additional features include bike storage, shared e-bikes, and proximity to a Modo car share, making it easy to enjoy a car-light lifestyle. Ample street parking is also available on Colville Road. Located just steps from the Gorge Waterway, you’ll have easy access to paddleboarding, scenic walking trails, and waterfront parks. The nearby E&N Rail Trail provides a convenient cycling route into Downtown Victoria, only minutes away. You’re also close to Gorge Vale Golf Club, local cafes, shopping, and everyday amenities in a welcoming community-oriented neighbourhood. Offering the perfect blend of modern comfort, outdoor lifestyle, and urban convenience, this home is an excellent opportunity in one of Greater Victoria’s most accessible and growing areas. (id:63159)

Values & Trends

This listing

$750/sqft

Building average

No other active listings in this building

Esquimalt average

$593/sqft

18 active listing(s)

Parking: Not indicatedStorage 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

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

17,653

(2021 Census)

Density: 2,418.2/km²

Dwellings: 9,036

Median household income: $76,000

After-tax: $67,500

Immigrant population: 15.3%

Top countries of origin (% of total population)

  • United Kingdom3% · 525
  • Philippines1.5% · 270
  • United States of America1.2% · 215
  • India0.8% · 145
  • China0.7% · 115
  • Germany0.5% · 85
  • Viet Nam0.3% · 60
  • France0.3% · 50

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
Esquimalt High SchoolSecondary319 m
BeausoleilElementary767 m
Victor-BrodeurK-12767 m
Rockheights Middle SchoolElementary800 m
Victoria West ElementaryElementary1.2 km
Ecole Macaulay ElementaryElementary1.4 km
Tillicum Community SchoolElementary1.6 km
Selkirk Montessori School(Independent)Elementary/Middle1.8 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

Restaurants (1)

  • Thai Green Elephant · 809 Craigflower Road678 m

Parks (5+)

  • Transfer Street Lineal Park102 m
  • Reeve Common118 m
  • Lampson Park147 m
  • Unnamed221 m
  • Unnamed224 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,200.00
Periodic payment — Principal & Interest (monthly)$3,091.64
Additional monthly expenses (strata, tax, utilities, etc.)$567.35
Total monthly cost$3,658.99
Interest paid over 5-yr term$137,340.10
Balance at end of term$431,041.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,337.73

Cash Needed at Closing

Minimum down payment$34,900
Estimated BC PTT$9,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,380

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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