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513 Gurunank Lane, Colwood

513 Gurunank Lane, Colwood

Royal Bay · Single Family Residence · MLS® 1030251 · Listed Mar 26, 2026

4
Beds
5
Baths
3,956
Sqft
4,774 sqft
Lot
5
Parking
$189/mo
Strata Fee
2019
Built
Overview

About This Property

Unobstructed ocean views with an Olympic Mountain backdrop set the tone for this exceptional 2019-built home in sought-after Royal Bay. Over 3,900 sq. ft. of thoughtfully designed living space on 3 levels, this home blends West Coast style w/ modern comfort. Bright open-concept main level features expansive windows, a redesigned fireplace, seamless access to extended wrap-around balcony perfect for entertaining or soaking in the scenery. Self-contained 1Br. suite for family or rental income, hobby room could function as a 5th bedroom. Over $160,000+ in recent improvements include 9 new windows, motorized blinds throughout, Toto bidet toilets in 4 bathrooms, suite heat pump, upgraded landscaping/gardens, fencing, top-of-the-line sewage treatment pump. Beautiful low-maintenance outdoor spaces complete this one-of-a-kind West Coast beauty just minutes from all Royal Bay amenities. Exceptional value for a newer ocean view home of this size, quality, and location!

Property Details

Features & Details

Property TypeSingle Family Residence
Bedrooms4
Bathrooms5
Interior3,956 sqft
Lot Size4,774 sqft (0.11 acres)
Lot FeaturesRectangular Lot
Parking5 spaces (2 garage)
Year Built2019
Fireplaces1
HeatingElectric, Heat Pump, Natural Gas
BasementFinished, Walk-Out Access, With Windows
ExteriorFrame Wood, Insulation: Ceiling, Insulation: Walls, Stucco, Wood
RoofAsphalt Torch On
FoundationConcrete Perimeter
FlooringTile, Wood
WaterMunicipal
SewerSewer To Lot
ZoningResidential
Taxes$7,805 (2026)
Strata Fee$189/mo
PetsAquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Building Stories3
Parking TypeDriveway, Garage Double
AmenitiesPrivate Drive/Road
MLS® #1030251
BrokerageRE/MAX Camosun
Location

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History & Activity

Sold Comparables

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The local market right now

royal bay · condo
Buyer’s market
$661,395
Median sold
9
Months of supply
39
Avg days to sell

Royal Bay condo averages, updated daily. See Royal Bay market stats or Colwood market stats.

Questions about this property

What is the status of 513 Gurunank Lane, Colwood?

It has an accepted offer and the sale is pending; the asking price was $1,380,000.

What kind of home is 513 Gurunank Lane, Colwood?

A Single Family Residence in Royal Bay, Colwood with 4 bedrooms, 5 bathrooms, 3,956 sqft, built in 2019.

Does 513 Gurunank Lane, Colwood have parking?

It has 3 parking spaces.

How big is the lot at 513 Gurunank Lane, Colwood?

The lot is 4,774 sqft (0.11 acres).

Did the price of 513 Gurunank Lane, Colwood change?

513 Gurunank Lane, Colwood was originally listed at $1,499,000, then reduced to $1,380,000 (7.9% reduction).

What is the Colwood real estate market like now?

Colwood is currently a buyer's market: median sold price $661,395, 9 months of inventory, homes typically selling in about 39 days.

What other condos are for sale in Royal Bay?

There are 12 condos for sale in Royal Bay right now. Browse all Royal Bay condos for sale to see current listings, updated daily from the MLS® system.

How much do condos cost in Royal Bay?

The median condo sold price in Royal Bay is $661,395, based on 59 sales over the past 12 months. The median price per square foot is $788. Compare asking prices across the condos currently for sale in Royal Bay.

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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: Aug 16, 2026.