About This Home

This 4-bedroom, 2-bathroom single family at 588 Heatherly Rd in Colwood, BC is listed for $969,900 ($378 per sqft). Built in 1950, the home offers 2,563 sqft of living space on a N/A lot.

Key Features

  • Built in 1950
  • 6 parking spaces

Property Details

2 full
6 spaces
1950

Amenities

EV Charger
Listing Description

Exceptional opportunity situated in a rapidly evolving area of Colwood. Offering a functional single-family home with immediate livability and exceptional upside, this property is ideal for buyers looking to renovate, invest, or secure a long-term holding property.

Move in, renovate, generate rental income, or hold while the surrounding community continues to evolve. Updates include an updated kitchen and bathrooms, a well-maintained roof, and the added convenience of an EV charger, providing a solid foundation for future improvements.

The existing R1 zoning permits a variety of residential uses, including a secondary suite, accessory dwelling unit, and other permitted uses, while purchasers may also wish to explore opportunities available under current and future municipal and provincial housing initiatives, including small-scale multi-unit housing, where applicable. Conveniently located minutes from shopping, restaurants, schools, parks, recreation, transit, and commuter routes.

Monthly Cost Estimate

$5,187/mo

20% down · 6.5% · 30 years

Principal$701
Interest$4,203
Insurance$283

Estimates only. Actual payments may vary.

Location

588 Heatherly Rd

Colwood, BC V9C 1K1

Features & Amenities

Interior Features

Sauna

Property Details

Parking

Driveway

Heating

BaseboardElectric (Heating)Heat Pump (Heating)

Questions & Answers

This 4-bedroom, 2-bathroom single family at 588 Heatherly Rd is listed at $969,900 ($378/sqft). The estimated monthly payment is $5,187 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 6 parking spaces. Interior Features: Sauna.

This property is listed by Casey Doran.

CD

Casey Doran

Agent at Engel & Völkers Victoria Oak Bay

Listed by Engel & Völkers Victoria Oak Bay · Broker phone: 7784338885 · View on Broker Site · Broker website

MLS# 1042087· Source: Engel & Völkers· 12 days on PropertySimple

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

588 Heatherly Rd, Colwood, BC V9C 1K1

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