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
Avg. Sale PriceSingle Family (6 mo)
$735,000
Price RangeActive Residential
$615,000 - $925,000
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 $615,000 for homes needing cosmetic work to $925,000 for larger renovated properties with established gardens.
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104 Leila Pl, Colwood BC V9B 2J3
Colwood
4 bed · 3.0 bath · 2,436 sf · 34 days
Courtesy of RE/MAX Camosun
MLS®
2401 Bette Dr, Colwood BC V9B 4N1
Colwood
4 bed · 3.0 bath · 1,977 sf · 66 days
Courtesy of Pemberton Holmes Ltd.
MLS®
2827 Pickford Rd, Colwood BC V9B 2K3
Colwood
3 bed · 2.0 bath · 1,443 sf · 32 days
Courtesy of Fair Realty
MLS®Pending Homes in Colwood Lake
Nearby Neighborhoods
Discover other neighborhoods in Colwood
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The Prepared Buyer Program gives qualified buyers $6,000 to $10,000 back at completion. Pre-approval in hand, exclusive agreement in place, specific property identified.
Featured Listings

770 Government St, Duncan BC V9L 1B2
Duncan, BC
6 bed · 2.0 bath · 2,072 sf
Single Family Residence
Courtesy of Oakwyn Realty Ltd. (NA)
MLS® Reciprocity
2890 Canyon Park Pl, Langford BC V9B 4Z4
Langford, BC
3 bed · 1.0 bath · 1,064 sf
Single Family Residence
Courtesy of Sutton Group West Coast Realty
MLS® Reciprocity
797 Tyee Rd #401, Victoria BC V9A 7R4
Victoria, BC
2 bed · 1.0 bath · 953 sf
Condo Apartment
Courtesy of Newport Realty Ltd.
MLS® Reciprocity
2921 Mount Wells Dr, Langford BC V9B 4R9
Langford, BC
4 bed · 4.0 bath · 2,589 sf
Single Family Residence
Courtesy of DFH Real Estate Ltd.
MLS® Reciprocity
444 Michigan St #2, Victoria BC V8V 1R5
Victoria, BC
3 bed · 2.0 bath · 1,527 sf
Townhouse
Courtesy of Engel & Volkers Vancouver Island
MLS® Reciprocity
4594 Alwyn St, Port Alberni BC V9Y 5V1
Port Alberni, BC
4 bed · 2.0 bath · 1,830 sf
Single Family Residence
Courtesy of RE/MAX Mid-Island Realty
MLS® Reciprocity