- Active
#1 – 551 Bezanton Way
Colwood · Single Family
- Beds
- 3
- Baths
- 3
- Sqft
- 2,333
- Built
- 2007
Listed by RE/MAX Camosun · MLS® 1050935
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Sign inAbout this home
Welcome to Madrona Creek, an executive style gated community offering peaceful West Coast living. This spotless 3-bedroom (plus 4th room downstairs that could be an office, hobby room or sleeping room), 3-bathroom END UNIT townhome offers 2,333 s.f. with a thoughtfully designed floor plan with main-level living. The main floor features an expansive primary bedroom w/ ensuite, hardwood floors, vaulted ceilings, gas fireplace & bright open-concept kitchen, dining & living areas. A hybrid heat pump/gas furnace system provides year-round comfort. The walk-out lower level w/ outdoor sitting area offers two generous bedrooms, an office (or 3rd bedroom down), full bath, large family room with wet bar, wine fridge, and ample storage—perfect for guests or family. Enjoy the double garage and 203 sq ft private deck overlooking the park-like setting w/ gas BBQ hookup (upstairs & down). Close to Latoria Creek Park, Olympic View Golf, Royal Bay, beaches, many walking trails, shops, cafés & restaurants.
Home facts
- Bedrooms
- 3
- Bathrooms
- 3 full
- Interior
- 2,333 sq ft
- Lot size
- 2,333 sq ft
- Year built
- 2007
- Parking
- 2
- Property type
- Single Family
- Garage
- Yes
- Fireplace
- 1
- Area
- Olympic View
- Style
- Westcoast
- Listed
- October 2, 2026
- Structure
- Row / Townhouse
- PID
- 027-240-801
- Common interest
- Condo/Strata
Highlights
- Double garage
- High ceilings
- Wine fridge
- Fireplace
Features and inclusions
- Appliances
- Washer, Refrigerator, Dishwasher, Dryer, Range - Induction
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned, Air Conditioned
- Parking
- Attached Garage, Garage, Visitor Parking
- Lot
- Park setting, Private setting, Wooded area, Irregular lot size, Other
- Community
- Family Oriented, Pets Allowed
Rooms and building
- Water
- Zoning
- Multi-Family
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $4,739
- Property tax
- $292/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $5,181
Purchase snapshot
- List price
- $999,900
- Down payment
- $199,980 (20%)
- Estimated mortgage
- $799,920
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $4,727
- At 4.7271 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 45%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.
