Property Type: Condo / ApartmentOwnership: Strata

405 3223 Selleck Way

Colwood, BC V9C0E7

$525,000

1 bed1 bath1 parking767 sqftBuilt 2009
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$457/mo
Annual property tax
$3,015.84

Interior

Heating
Heat Pump, Forced air, Natural gas, Other, Geo Thermal
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
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
DenMain level7' x 8'
BathroomMain level4-Piece
Primary BedroomMain level11' x 11'
KitchenMain level8' x 11'
Living roomMain level13' x 17'
EntranceMain level5' x 9'

Listing Information

MLS®
1043556
Listed
July 28, 2026
Time on market
On the market for 35 days
Data last synced
August 28, 2026

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

Description

Welcome to Ocean Grove one of Colwood’s most desirable seaside communities. Set on 50 beautifully landscaped acres with a dedicated 13-acre park, this exceptional development is surrounded by the ocean, Esquimalt Lagoon and stunning Olympic Mountain views. This top-floor 767 sq.ft. 1-bedroom plus den home features an impressive 150 sq.ft. glass-railed balcony, wide-plank maple hardwood floors, a cozy gas fireplace with limestone surround, and a gourmet kitchen complete with granite countertops, a granite island, glass tile backsplash and soft-close oak cabinetry. Built by award-winning Farmer Construction, the building offers enhanced 2x6 construction for exceptional energy efficiency and sound insulation, while geothermal heating and cooling are included in the strata fees. A spa-inspired ensuite and brand-new washer and dryer complete the home. Step outside to enjoy the heritage apple orchard, stroll over 2 km of nearby beaches, or explore the 650-acre old-growth forest with more than 7 km of scenic hiking trails. Ocean Grove offers an unmatched West Coast lifestyle where nature, comfort and quality come together. (id:63159)

Values & Trends

This listing

$684/sqft

Building average

$676/sqft

1 active listing(s)

Lagoon average

$691/sqft

2 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

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

7

1/9 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
Sangster ElementaryElementary703 m
Dunsmuir Middle SchoolMiddle808 m
Wishart ElementaryElementary1.4 km
Colwood ElementaryElementary1.7 km
Westshore Secondary SchoolSecondary1.8 km
John Stubbs MiddleElementary1.8 km
John Stubbs ElementaryElementary1.8 km
Royal Bay SecondaryElementary1.9 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

Parks (4)

  • Matilda Park298 m
  • Lagoon West Park322 m
  • Wickheim Park · 3341 Metchosin Road696 m
  • Passage Park · 3381 Hatley Drive727 m

Nearby places data: © OpenStreetMap contributors.

School district: Sooke (SD62)

Mortgage & Ownership Cost Calculator

Minimum required: 5.2% ($27,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$420,000.00
Periodic payment — Principal & Interest (monthly)$2,709.70
Additional monthly expenses (strata, tax, utilities, etc.)$746.32
Total monthly cost$3,456.02
Interest paid over 5-yr term$120,373.21
Balance at end of term$377,791.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,825.60

Cash Needed at Closing

Minimum down payment$27,500
Estimated BC PTT$8,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,500

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.

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