Colwood Homes under $400,000

Welcome to Colwood, British Columbia—where coastal charm meets vibrant community living! Nestled on the southern tip of Vancouver Island, Colwood boasts stunning ocean views, picturesque parks, and a rich tapestry of history. With its close proximity to the bustling city of Victoria, residents enjoy the perfect blend of serene suburban life and urban conveniences.

Colwood is renowned for its outdoor recreational opportunities. The beautiful Esquimalt Lagoon, a local gem, offers breathtaking views and is a haven for birdwatchers and nature enthusiasts alike. The city is also home to numerous hiking and biking trails, ensuring that adventure is never far away. Families will appreciate the excellent schools and community amenities, making it an ideal place to raise children.

For those seeking affordable housing options, Colwood presents an exciting opportunity with homes available for under $400,000. This makes it an attractive option for first-time homebuyers, young families, and anyone looking to invest in the vibrant real estate market of Vancouver Island. You can find charming condos, cozy townhomes, and even some single-family homes that provide a perfect canvas for creating your dream space.

With its friendly atmosphere, thriving local businesses, and a strong sense of community, Colwood is more than just a place to live—it's a place to thrive. Discover your new home in this beautiful city and experience the best of island living without breaking the bank!

Newest Colwood Homes under $400,000

$349,900

1 Beds ⋅ 1 Baths ⋅ 1052057 MLS

Perched atop the vibrant Latoria Walk hub in Westshore, this contemporary west coast condominium pairs ultimate convenience with refined style. Step downstairs to your morning coffee, local pharmacy, medical clinic, or fresh groceries at the renowned Red Barn Market—or cross the street to tee off at Olympic View Golf Course. Inside, the open-concept layout shines with bamboo flooring, custom built-ins featuring an electric fireplace, quartz countertops, tiled finishes, and sleek stainless steel appliances, plus a front-loading washer/dryer. Nature lovers can step out to explore the 40-acre trail network of Havenwood Park or enjoy a short, scenic stroll down to the oceanfront. Perfectly tailored for discerning first-time buyers or investors seeking turn-key comfort and prime location appeal.

611 Brookside Rd Unit ##306, Colwood

Courtesy of Royal LePage Coast Capital - Chatterton

$385,000

2 Beds ⋅ 1 Baths ⋅ 1050040 MLS ⋅ Deerwood Place BLDG.

Welcome to this pristine, updated and move-in-ready ground-floor suite in Deerwood Place. With its own direct exterior entrance and patio, this thoughtfully designed home offers convenient and comfortable living with an easy flow throughout. Inside, you’ll find an updated kitchen, dining area with built in shelving, spacious living room, two bedrooms, in-suite storage, double-pane windows and an efficient ductless heat pump providing year-round heating and cooling. Set among lush green space in a peaceful, no-through-traffic neighbourhood where deer are frequent visitors. Walk to Esquimalt Lagoon and nearby Ecole John Stubbs Memorial School, Royal Roads University and its extensive trail network, Juan de Fuca Recreation Centre, shopping and transit close by. A welcoming all-ages building with no rental restrictions, shared laundry and small pets welcome. A fantastic opportunity and great value in Colwood!

350 Belmont Rd Unit ##108, Colwood

Courtesy of Macdonald Realty

$389,000

2 Beds ⋅ 1 Baths ⋅ 1043049 MLS ⋅ Wale Cove BLDG.

New Price! Welcome to this beautifully maintained TOP FLOOR CORNER home offering one of the largest floor plans in the building. With only one shared wall, 9’ ceilings, and peaceful treed views, this spacious 2 bed, 1 bath home offers privacy and a bright open layout. The updated kitchen features stainless steel appliances, an island with sink, and overlooks the inviting living space. Step onto your private balcony with new vinyl decking and enjoy tranquil green views. Additional features include an updated bathroom, in-suite laundry with storage, Marathon hot water tank, and spacious bedrooms with natural light. Well-managed strata with underground parking beside the elevator, storage locker and bike storage. Pet-friendly. Rentals allowed. Located along the 95 RapidBus route, within walking distance of Galloping Goose Trail, JDF Rec Centre, and transit. Steps to Colwood Corner, shopping, restaurants, Royal Roads University, Westshore Town Centre, parks, trails and more. Call today!

383 Wale Rd Unit ##300, Colwood

Courtesy of Maxxam Realty Ltd.

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