- Active
590 Ridley Drive
Colwood · Single Family
- Beds
- 4
- Baths
- 3
- Sqft
- 2,843
- Built
- 1960
Listed by eXp Realty · MLS® 1052091
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Sign inAbout this home
Welcome to this spacious, well-maintained home in a family-friendly neighbourhood, offering plenty of room to grow and versatile living options! Thoughtful updates over the years include wood flooring, vinyl windows, a furnace and bathrooms, while the oak kitchen features gas burners, abundant cabinetry and wall ovens. Large, inviting rooms and a double-sided gas fireplace create a warm and comfortable atmosphere. The main floor offers 3 large bedrooms, including a generous primary bedroom complete with a walk-in closet and en-suite. A full laundry room with a folding table, sink, and cupboards adds everyday convenience and functionality. Downstairs, discover a huge 1-bedroom in-law suite with excellent potential for rental income, extended family, guests or extra space for growing teens. The flexible layout offers options to suit a variety of lifestyles and needs. Set on a flat, fenced 0.20-acre lot, the property also features a detached garage/workshop, perfect for storage, hobbies or projects. Enjoy the convenience of being close to schools, Royal Roads University, shopping plazas, transit and the beautiful Esquimalt Lagoon. Offering space, functionality and a convenient location, this home is a fantastic opportunity for families or investors alike. Vacant and ready for quick possession, come see the possibilities and make this home your own!
Home facts
- Bedrooms
- 4
- Bathrooms
- 3 full
- Interior
- 2,843 sq ft
- Lot size
- 8,800 sq ft
- Year built
- 1960
- Parking
- 2
- Property type
- Single Family
- Garage
- Yes
- Fireplace
- 1
- Area
- Wishart North
- Listed
- October 12, 2026
- Structure
- House
- PID
- 004-571-657
- Common interest
- Freehold
Highlights
- Fireplace
Features and inclusions
- Appliances
- Washer, Refrigerator, Range - Gas, Dishwasher, Dryer, Microwave
- Heating
- Heat Pump, Forced air, Natural gas
- Cooling
- See Remarks
- Parking
- Detached Garage, Garage, RV
- Lot
- Central location, Level lot, Partially cleared, Other
Rooms and building
- Water
- Zoning
- Residential
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
- $4,356
- Property tax
- $267/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $4,773
Purchase snapshot
- List price
- $919,000
- Down payment
- $183,800 (20%)
- Estimated mortgage
- $735,200
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
- $4,344
- 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
For investors
As a rental
- Estimated rent
- $2,160 a month
- Gross yield
- 2.8%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
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
Condo / Apartment · 43%
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.