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499 Royal Bay Dr
Co Royal Bay Colwood V9C 4L2

$3,575,000
Commercial Sale

Main Photo: 499 Royal Bay Dr in Colwood: Co Royal Bay Unimproved Land for sale : MLS®# 996909
Photo 1: 499 Royal Bay Dr in Colwood: Co Royal Bay Unimproved Land for sale : MLS®# 996909
Photo 2: 499 Royal Bay Dr in Colwood: Co Royal Bay Unimproved Land for sale : MLS®# 996909
Photo 3: 499 Royal Bay Dr in Colwood: Co Royal Bay Unimproved Land for sale : MLS®# 996909
Photo 4: 499 Royal Bay Dr in Colwood: Co Royal Bay Unimproved Land for sale : MLS®# 996909
Photo 5: 499 Royal Bay Dr in Colwood: Co Royal Bay Unimproved Land for sale : MLS®# 996909
Photo 6: 499 Royal Bay Dr in Colwood: Co Royal Bay Unimproved Land for sale : MLS®# 996909
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
996909
An exceptional opportunity to acquire and develop an 11-lot single-family subdivision site, ideally located adjacent to the Royal Bay Community. Royal Bay is the Westshore’s premier master-planned community, offering a vibrant mix of amenities. It features ‘The Commons’ — a 76,640 SF mixed-use retail and professional office centre anchored by Quality Foods and Cascadia Liquor. Additional nearby amenities include Royal Bay Secondary School, Promenade Park, Olympic View Golf Course, and many more.
Sales Brochure
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale Price
Listing General Location:
Co Royal Bay, Colwood
Bathrooms:
- (Full:-/Half:-)
Lot Size:
3.114 acre(s)
Taxes:
$9,196.85 / 2024
Commercial Area:
Western Communities
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
2288000.0
Assessment year:
2025
Jurisdiction name:
City of Colwood
Legal Description:
LOT 31, PLAN VIP75021, SECTION 40, ESQUIMALT LAND DISTRICT
Zoning:
RBCD1
Parking Features:
On Site
Road Surface Type:
Paved
Total Units:
11
Date Listed:
Apr 29, 2025
Original Price:
3575000.0
  • Photo 1: 499 Royal Bay Dr in Colwood: Co Royal Bay Unimproved Land for sale : MLS®# 996909
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  • Photo 2: 499 Royal Bay Dr in Colwood: Co Royal Bay Unimproved Land for sale : MLS®# 996909
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  • Photo 3: 499 Royal Bay Dr in Colwood: Co Royal Bay Unimproved Land for sale : MLS®# 996909
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  • Photo 4: 499 Royal Bay Dr in Colwood: Co Royal Bay Unimproved Land for sale : MLS®# 996909
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  • Photo 5: 499 Royal Bay Dr in Colwood: Co Royal Bay Unimproved Land for sale : MLS®# 996909
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  • Photo 6: 499 Royal Bay Dr in Colwood: Co Royal Bay Unimproved Land for sale : MLS®# 996909
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Listed by Colliers
Data was last updated May 10, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$2,925,000
Min list price:
$650,000
Max list price:
$7,900,000
Avg days on market:
113
Min days on market:
11
Max days on market:
247
These statistics are generated based on the current listing's property type and located in Colwood. Average values are derived using median calculations.
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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.