284 Belmont Rd, Colwood
Hatley Park · Multi Family · MLS® 1034497 · Listed May 4, 2026
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.
| Property Type | Multi Family |
| Year Built | 2020 |
| Taxes | $76,011.95 (2025) |
| MLS® # | 1034497 |
| Brokerage | Colliers |
Similar properties sold within 6 months
Hatley Park single-family averages, updated daily. See Hatley Park market stats or Colwood market stats.
It is listed at $17,750,000.
A Multi Family in Hatley Park, Colwood with built in 2020.
284 Belmont Rd, Colwood was originally listed at $18,500,000, then reduced to $17,750,000 (4.1% reduction).
Colwood is currently a balanced market: median sold price $930,000, 4.5 months of inventory, homes typically selling in about 29 days.
There are 6 houses for sale in Hatley Park right now. Browse all Hatley Park houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in Hatley Park is $930,000, based on 26 sales over the past 12 months. The median price per square foot is $489. Compare asking prices across the houses currently for sale in Hatley Park.
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 14, 2026.
