#23 – 255 Caspian Dr, Colwood
The Coral · Townhouse · MLS® 1042466 · Listed Jul 6, 2026
The Isla Townhome at Royal Bay offers an exceptional opportunity to own a modern end-unit in a quiet, sought-after seaside community. Tucked among single-family homes, this bright residence features an open-concept layout with 9’ ceilings and large windows that flood the living and dining areas with natural light. The stylish kitchen includes quartz countertops, tiled backsplash, stainless steel appliances, and a gas stove. Upstairs offers two bedrooms, each with its own full ensuite, including a comfortable primary retreat. Enjoy efficient living with a natural gas furnace, tankless hot water, and low strata fees of $333/month. Located in a family-friendly, walkable neighbourhood just steps to trails, parks, beaches, and the Commons Retail Village offering a variety of shopping, dining, and everyday conveniences. This well-priced home delivers outstanding lifestyle and value in beautiful Royal Bay.
| Property Type | Townhouse |
| Bedrooms | 2 |
| Bathrooms | 3 |
| Interior | 1,080 sqft |
| Lot Size | 1,335 sqft (0.03 acres) |
| Parking | 3 spaces (1 garage) |
| Year Built | 2022 |
| Heating | Forced Air, Natural Gas |
| Basement | None |
| Exterior | Cement Fibre, Frame Wood, Insulation: Ceiling, Insulation: Walls |
| Roof | Fibreglass Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Mixed |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $3,414.07 (2025) |
| Strata Fee | $323/mo |
| Pets | Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK |
| Building Stories | 3 |
| Parking Type | Attached, Driveway, Garage |
| Amenities | Common Area |
| Strata Fee Includes | Water |
| Extras | Dishwasher, Dryer, Microwave, Oven/Range Gas, Range Hood, Refrigerator, Washer |
| MLS® # | 1042466 |
| Brokerage | RE/MAX Camosun |
Similar properties sold within 6 months
Colwood townhome averages, updated daily. See Colwood market stats or full dashboard.
It has an accepted offer and the sale is pending; the asking price was $639,900.
A Townhouse in The Coral, Colwood with 2 bedrooms, 3 bathrooms, 1,080 sqft, built in 2022.
It has 2 parking spaces.
The lot is 1,335 sqft (0.03 acres).
Colwood is currently a seller's market: median sold price $787,395, 2.9 months of inventory, homes typically selling in about 65 days.
There are 27 townhomes for sale in Colwood right now. Browse all Colwood townhomes for sale to see current listings, updated daily from the MLS® system.
The median townhome sold price in Colwood is $787,395, based on 100 sales over the past 12 months. The median price per square foot is $510. Compare asking prices across the townhomes currently for sale in Colwood.
MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Aug 17, 2026.
