588 Heatherly Road
Colwood · V9C1K1
$4,695/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Colwood · V9C1K1
$4,695/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
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 in one of the West Shore's most exciting growth corridors. Whether you're searching for a place to call home, a revenue-generating investment, or land with long-term potential, this property offers outstanding flexibility. The home provides comfortable living today with plenty of opportunity to add your own vision over time. Updates include an updated kitchen and bathrooms, a well-maintained roof, and the added convenience of an EV charger, creating a solid foundation for future improvements. The spacious lot offers room to enjoy outdoor living while providing excellent long-term value in an area experiencing continued investment and redevelopment. The existing R1 zoning permits a variety of residential uses, including a secondary suite, accessory dwelling unit, and other permitted uses. 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. Buyers are encouraged to complete their own due diligence with the City of Colwood regarding any future development or redevelopment potential. Ideally located just minutes from shopping, restaurants, schools, parks, recreation facilities, public transit, Royal Roads University, the Galloping Goose Trail, and quick access to Highway 1, you'll enjoy the convenience of everyday amenities while benefiting from Colwood's continued growth and investment. Whether your goal is to move in immediately, renovate over time, generate rental income, or hold as a strategic long-term investment, this property offers a rare combination of lifestyle, location, and future potential.
4
Beds
2,563 ft²
Floor area
1950
Year built
Single Family
Type
Wishart North
Area
Listed
August 11, 2026
Nearby & Commute
20 min
walk to Bulk Barn
8 min
bike to Langford Transit Exchange
26 min
walk to Langford Transit Exchange
3h 56m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Condo / Apartment · 38%
| Condo / Apartment | 114 | 37.7% |
| Detached | 95 | 31.5% |
| Townhouse | 59 | 19.5% |
| Land | 15 | 5.0% |
| Duplex | 11 | 3.6% |
| Other | 8 | 2.6% |
| $15,000 to $19,999 | 5 | 1.3% |
| $20,000 to $24,999 | 5 | 1.3% |
| $25,000 to $29,999 | 5 | 1.3% |
| $30,000 to $34,999 | 10 | 2.6% |
| $35,000 to $39,999 | 10 | 2.6% |
| $40,000 to $44,999 | 20 | 5.2% |
| $45,000 to $49,999 | 20 | 5.2% |
| $50,000 to $59,999 | 35 | 9.1% |
| $60,000 to $69,999 | 25 | 6.5% |
| $70,000 to $79,999 | 20 | 5.2% |
| $80,000 to $89,999 | 15 | 3.9% |
| $90,000 to $99,999 | 30 | 7.8% |
| $100,000 to $124,999 | 75 | 19.5% |
| $125,000 to $149,999 | 40 | 10.4% |
| $150,000 to $199,999 | 40 | 10.4% |
| $200,000 and over | 30 | 7.8% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
Request the due-diligence package
Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$4,695
Principal and interest
Calculated estimate
$4,278
Property tax
Calculated estimate
$267/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$924,900
Down payment
Calculated estimate
$184,980 (20%)
Estimated mortgage
Calculated estimate
$739,920
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$4,695
/mo
Rate
%
Amortization
Principal and interest
$4,278
Property tax (est.)
$267
P&I
Tax
Down payment
$184,980 (20%)
Get Pre-Approved
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $184,980 down (20%) on $924,900, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
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.
At 4.5565 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.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.