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This 0 bedroom, 0 bathroom multi family is listed for sale at $17,750,000 in Colwood, British Columbia. Built in 2020.MLS® #1034497.
Hatley Apartments presents a rare opportunity to acquire a newer purpose-built multifamily rental asset in the heart of Colwood’s rapidly growing Westshore community. Built in 2020 and comprising 48 well-designed rental suites, the property offers stable in-place income with significant future upside as the affordability covenant expires in October 2030.
Set directly adjacent to protected green space and moments from Colwood Corners, Esquimalt Lagoon, Royal Roads University, Department of National Defense Lands, recreation amenities, and major arterial routes, the property delivers long-term rental demand driven by a growing workforce, strong regional fundamentals, and limited new supply. With construction costs and development charges continuing to rise, Hatley Apartments provides investors with the opportunity to secure a high-quality, newer asset below replacement cost, supported by forward population growth and increasing demand for well-located rental housing.
Looking for homes for sale in Colwood? Browse Colwood real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Part of the Colwood area.
Property Type
Multi Family
Year Built
2020
Bedrooms
0
Bathrooms
0
Area
Colwood
Neighborhood
Hatley Park
Listed
May 4, 2026
MLS® Number
#1034497
View comprehensive market analysis for Belmont Rd including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Belmont Rd Market ReportHatley Apartments presents a rare opportunity to acquire a newer purpose-built multifamily rental asset in the heart of Colwood’s rapidly growing Westshore community. Built in 2020 and comprising 48 well-designed rental suites, the property offers stable in-place income with significant future upside as the affordability covenant expires in October 2030.
Set directly adjacent to protected green space and moments from Colwood Corners, Esquimalt Lagoon, Royal Roads University, Department of National Defense Lands, recreation amenities, and major arterial routes, the property delivers long-term rental demand driven by a growing workforce, strong regional fundamentals, and limited new supply. With construction costs and development charges continuing to rise, Hatley Apartments provides investors with the opportunity to secure a high-quality, newer asset below replacement cost, supported by forward population growth and increasing demand for well-located rental housing.

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Colwood community, including the Hatley Park neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$90,250
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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