HomeColwoodHatley Park

284 Belmont Rd, Colwood | $17,750,000

284 Belmont Rd, Colwood

Hatley Park · Multi Family · MLS® 1034497 · Listed May 4, 2026

2020
Built
Overview

About This Property

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 Details

Features & Details

Property TypeMulti Family
Year Built2020
Taxes$76,011.95 (2025)
MLS® #1034497
BrokerageColliers
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VREB · Victoria Real Estate Board

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: Jun 30, 2026.