Development Potential in Colwood Lake
If you are evaluating what a property in Colwood Lake may support, start with the SSMUH and Bill 44 guide and the Bill 44 density guide. For a property-specific starting point, use the Development Potential assessment tool Thinking about selling in Colwood Lake? Get a valuation that includes what your lot could support.. There is a dedicated guide to development potential in Colwood.
Colwood Lake
Neighborhood Overview
Colwood Lake is a peaceful residential neighborhood built around the serene Colwood Creek corridor, offering a natural sanctuary within suburban Colwood. This family-oriented area features primarily single-family homes on quiet streets with mature trees and established gardens, creating a welcoming atmosphere that appeals to families and professionals seeking tranquility close to urban amenities.
Why Buyers Choose Colwood Lake
The Galloping Goose Regional Trail runs directly through this neighbourhood, which means serious trail cyclists and daily walkers can access hundreds of kilometres of connected trail without loading a bike into a car. The combination of trail connectivity and larger-than-average lots at a moderate price point makes this one of the most practical family purchases in Colwood for buyers who prioritise outdoor access over ocean proximity.
Typical Homes in Colwood Lake
The housing stock is dominated by well-maintained ranchers and split-levels from the 1970s through the 1990s on lots of 7,000 to 10,000 square feet. Many homes have had kitchen or bathroom updates while retaining original structure and layout. Prices range from varied pricing for homes needing cosmetic work to varied pricing for larger renovated properties with established gardens.
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Pending Homes in Colwood Lake
Nearby Neighborhoods
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Featured Listings

#101 - 360 Goldstream Ave #101, Colwood BC V9B 2W3
Colwood, BC
2 bed · 1.0 bath · 759 sf
Condo Apartment
Courtesy of eXp Realty
MLS® Reciprocity
143 Cliff Dr, Metchosin BC V9C 4A9
Metchosin, BC
4 bed · 3.0 bath · 2,716 sf
Single Family Residence
Courtesy of Sutton Group West Coast Realty
MLS® Reciprocity
510 Dumeresq St, Saanich BC V8Z 1X2
Saanich, BC
4 bed · 2.0 bath · 1,629 sf
Single Family Residence
Courtesy of Century 21 Queenswood Realty Ltd.
MLS® Reciprocity
239 Belleville St, Victoria BC V8V 1X1
Victoria, BC
3 bed · 3.0 bath · 2,778 sf
Townhouse
Courtesy of Newport Realty Ltd.
MLS® Reciprocity
1842 Crown Isle Blvd, Courtenay BC V9N 9X5
Courtenay, BC
3 bed · 4.0 bath · 3,038 sf
Single Family Residence
Courtesy of Royal LePage Advance Realty
MLS® Reciprocity
#19 - 2587 SELWYN Rd #19, Langford BC V9B 4V4
Langford, BC
2 bed · 1.0 bath · 738 sf
Manufactured Home
Courtesy of eXp Realty
MLS® Reciprocity