Royal Bay
Avg. Sale PriceSingle Family (6 mo)
$825,000
Price RangeActive Residential
$485,000 - $2.1M+
Neighborhood Overview
Royal Bay represents Colwood's most ambitious and transformative master-planned waterfront community, featuring over 1,100 homes, commercial development, parks, and public beach access on 127 acres of pristine oceanfront land. This award-winning sustainable community showcases contemporary West Coast architecture, modern urban planning, and environmental stewardship, creating a walkable seaside neighborhood that has redefined Westshore living since development began in the mid-2010s.
Why Buyers Choose Royal Bay
Royal Bay is the only address in Colwood where a buyer can acquire new construction, ocean access, and a walkable village square in a single purchase decision. The phased master-planned buildout means the community continues to improve rather than age, with new streets, commercial tenants, and park connections being added each year. Buyers who want Victoria-quality urban design at Westshore pricing consistently find Royal Bay the strongest combination in the region.
Typical Homes in Royal Bay
Modern condominiums from $485,000 are the most accessible entry point, appealing to buyers who want ocean proximity without detached home maintenance. Townhomes in the $650,000 to $950,000 range serve families and downsizers wanting private outdoor space in a new-construction community. Waterfront homes with direct ocean access and views to the Olympic Mountains command $1.2 million to $2.1 million and above. All construction dates from 2015 onward with contemporary West Coast architecture and outdoor living emphasis.
Looking for investment opportunities in this area?
Our scoring engine analyzes every active condo listing across Greater Victoria for cap rate, cash flow, and undervaluation. See current investment opportunities →

542 Gurunank Lane, Colwood BC V9C 0M2
Colwood
5 bed · 4.0 bath · 3,639 sf
Courtesy of Royal LePage Coast Capital - Chatterton
MLS®
3599 Temperate Pl, Colwood BC V9C 0T3
Colwood
5 bed · 5.0 bath · 3,453 sf · 219 days
Courtesy of Royal LePage Coast Capital - Westshore
MLS®
3600 Temperate Pl, Colwood BC V9C 0T3
Colwood
4 bed · 4.0 bath · 2,560 sf
Courtesy of Royal LePage Coast Capital - Westshore
MLS®
3387 Ryder Hesjedal Way, Colwood BC V9C 0R5
Colwood
4 bed · 4.0 bath · 2,787 sf
Courtesy of RE/MAX Camosun
MLS®
533 Gurunank Lane, Colwood BC V9C 0M2
Colwood
5 bed · 4.0 bath · 2,586 sf
Courtesy of Royal LePage Coast Capital - Chatterton
MLS®
3586 Temperate Pl, Colwood BC V9C 0T3
Colwood
4 bed · 4.0 bath · 2,560 sf
Courtesy of Royal LePage Coast Capital - Westshore
MLS®Pending Homes in Royal Bay
Nearby Neighborhoods
Discover other neighborhoods in Colwood
Buying in This Area? Get Offer-Ready.
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

991 Cloverdale Ave #207, Saanich BC V8X 2T5
Saanich, BC
2 bed · 1.0 bath · 890 sf
Condo Apartment
Courtesy of eXp Realty
MLS® Reciprocity
5124 Hammond Bay Rd, Nanaimo BC V9T 5B5
Nanaimo, BC
3 bed · 2.0 bath · 1,655 sf
Single Family Residence
Courtesy of 460 Realty Inc. (NA)
MLS® Reciprocity
4800 Lewis Rd, Campbell River BC V9H 1C4
Campbell River, BC
2 bed · 2.0 bath · 1,085 sf
Single Family Residence
Courtesy of Real Broker
MLS® Reciprocity
724 Sea Terr #101, Victoria BC V9A 3R6
Victoria, BC
3 bed · 1.0 bath · 936 sf
Townhouse
Courtesy of Coldwell Banker Oceanside Real Estate
MLS® Reciprocity
165 Kimta Rd #201, Victoria BC V9A 7P1
Victoria, BC
2 bed · 3.0 bath · 1,768 sf
Condo Apartment
Courtesy of RE/MAX Generation - The Neal Estate Group
MLS® Reciprocity
160 Wilson St #816, Victoria BC V9A 7P9
Victoria, BC
2 bed · 2.0 bath · 977 sf
Condo Apartment
Courtesy of Pemberton Holmes Ltd. - Oak Bay
MLS® Reciprocity