488 Regency Pl
Colwood, BC V9C0C3
$1,408,800
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 5,737 square feet
- Zoning
- Residential
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,094.93
Interior
- Heating
- Heat Pump, Baseboard heaters, Electric, Natural gas
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (1)
- Appliances
- Washer, Refrigerator, Dishwasher, Range, Dryer, Microwave
Exterior & Lot
- Lot features
- Level lot, Park setting, Other
Building
- Parcel ID (PID)
- 029-586-674
Parking
- Total spaces
- 6
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Main level | 2-Piece |
| Patio | Main level | 13' x 16' |
| Balcony | Main level | 6' x 21' |
| Patio | Lower level | 6' x 15' |
| Bathroom | Lower level | 4-Piece |
| Bedroom | Lower level | 10' x 12' |
| Kitchen | Lower level | 10' x 12' |
| Living room | Lower level | 10' x 15' |
| Entrance | Main level | 5' x 7' |
| Living room | Main level | 19' x 19' |
| Dining room | Main level | 15' x 16' |
| Kitchen | Main level | 9' x 17' |
| Pantry | Main level | 6' x 8' |
| Sitting room | Second level | 7' x 8' |
| Bedroom | Second level | 11' x 12' |
| Bathroom | Second level | 4-Piece |
| Bedroom | Second level | 11' x 11' |
| Laundry room | Second level | 6' x 7' |
| Primary Bedroom | Second level | 13' x 14' |
| Ensuite | Second level | 4-Piece |
Listing Information
- MLS®
- 1045171
- Listed
- August 7, 2026
- Time on market
- On the market for 25 days
- Data last synced
- August 30, 2026
Listing provided by: Royal LePage Coast Capital - Sooke · Data source: CREA DDF.
Description
Below Assessed Value. All the upgrades are here. Move right into this beautiful “like new” West Coast contemporary build! Built in 2016, this home offers 2,700sf of meticulous living w/ 3BR & 3BA in the main house plus a legal 1-BR ground-level suite. The open living area features over-height ceilings, wide-plank wood floors & gas fireplace. Enjoy ocean views from multiple spots throughout the home. Modern 2-tone kitchen includes open shelving, a pantry, quartz counters, stainless appliances & an island w/prep sink. Formal dining flows to a tiered deck & patio, perfect for summertime entertaining. The beautifully landscape & fenced yard includes multiple zone irrigation system, garden boxes, sheds, & a greenhouse. Primary suite offers WIC, double-shower/sink ensuite & water views. Bonus: a double garage & massive parking (6), including RV/boat space. Too many upgrades to list! Located in quiet, sought-after Parkside at Royal Bay. A perfect Family/Income or Generational home. Won’t last (id:63159)
Values & Trends
This listing
$512/sqft
Building average
—
No other active listings in this building
Royal Bay average
$525/sqft
10 active listing(s)
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
22
4/9 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
| School | Type | Distance |
|---|---|---|
| Royal Bay Secondary | Elementary | 472 m |
| Dunsmuir Middle School | Middle | 1.2 km |
| Wishart Elementary | Elementary | 1.2 km |
| Sangster Elementary | Elementary | 1.4 km |
| Colwood Elementary | Elementary | 2.8 km |
| Westshore Secondary School | Secondary | 2.9 km |
| Happy Valley Elementary | Elementary | 2.9 km |
| Westmont Montessori School(Independent) | K-12 | 3.1 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
Cafes (2)
- Sequoia Coastal Coffee671 m
- Tim Hortons · 3554 Ryder Hesjedal Way671 m
Parks (5+)
- Regency Park85 m
- Promenade Park · 3500 Promenade Crescent251 m
- Murray's Pond Park317 m
- Outlook Park381 m
- Unnamed434 m
Pharmacies (1)
- Unnamed793 m
Banks & ATMs (1)
- HSBC765 m
Nearby places data: © OpenStreetMap contributors.
School district: Sooke (SD62)
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Mortgage & Ownership Cost Calculator
Minimum required: 8.2% ($115,880) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.