588 Heatherly Rd
Colwood
V9C 1K1
$999,900
Residential
beds: 4
baths: 2.0
2,563 sq. ft.
built: 1950
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1042087
- Bedrooms:
- 4
- Bathrooms:
- 2
- Year Built:
- 1950
- Photos (48)
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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.
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1950 (Age: 76)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 2,563 sq. ft.
- Listing General Location:
- Co Wishart North, Colwood
- Bedrooms:
- 4
- Bathrooms:
- 2.0 (Full:-/Half:-)
- Lot Size:
- 10,830 sq. ft.
- Lot Details:
- 95x114
- Kitchens:
- 1
- Taxes:
- Signup
- Construction:
- Insulation: Ceiling, Insulation: Walls
- Basement:
- Other
- Foundation:
- Concrete Perimeter
- Roof:
- Asphalt Shingle
- Levels:
- 4
- Other Structures:
- Storage Shed
- Ceiling Heights:
- Signup
- Total Building Area:
- 3,315 sq. ft.
- Total Unfinished Area:
- 752 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 5
- # Main Level Bedrooms:
- 1
- # Second Level Bedrooms:
- 1
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 2
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 2
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 860 sq. ft.
- Living Area Main Floor:
- 1,297 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 406 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 1
- Fireplace Details:
- Electric, Living Room
- Laundry Features:
- In House
- Water supply:
- Municipal
- Sewer:
- Septic System
- Cooling:
- Air Conditioning, HVAC
- Heating:
- Baseboard, Electric, Heat Pump
- Fireplace:
- Yes
- Pending Date:
- Signup
- Sauna
- Swimming Pool
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- City of Colwood
- Legal Description:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 2
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Property Condition:
- Land Value Only
- Exposure / Faces:
- Northeast
- Layout:
- Main Level Entry with Upper Level(s)
- Lot Site Features:
- Cul-De-Sac, Curb & Gutter
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Driveway
- Total Parking Spaces:
- 6
- Common Parking Spaces:
- 0
- Total Units:
- Signup
- Date Listed:
- Jul 02, 2026
- Original Price:
- 999900.0
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Listed by Engel & Volkers Vancouver Island
Data was last updated July 3, 2026 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 232
- Avg list price:
- $849,850
- Min list price:
- $349,900
- Max list price:
- $2,499,999
- Avg days on market:
- 57
- Min days on market:
- 1
- Max days on market:
- 741
- Avg price per sq.ft.:
- $546.38
These statistics are generated based on the current listing's property type
and located in
Colwood. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- GREG KILLIP
- MAXXAM REALTY
- 1 (250) 5169898
- Contact by Email
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