3585 Temperate Pl

1 / 25

$1,225,000

3585 Temperate Pl

Royal Bay, Colwood · MLS® 1053040

442

2,424 sq ft · 3,434 sq ft lot · House · Single Family · built 2026 · 7 days on market

listed by Mike Hartshorne, Royal LePage Coast Capital - Westshore

realtor's description

TP Lot 20 - Driftwood - GST INCLUDED in a credit amount on the SOA on select homes* Temperate Place, a collection of single family homes with suites by award winning Verity Construction. Enjoy new construction and supplement your mortgage with a 1 bed legal suite over the garage with separate hydro, heat pump, and laundry. This family friendly floor plan has 4 beds/4 baths, with additional storage areas. Enjoy the convenience of open concept living, and step out onto your patio w/ gas BBQ hookup and sun exposed yard from the living room, perfect for hosting and keeping an eye on the kids. The primary bedroom enjoys A/C, a 4 pce ensuite, and WIC. Built Green certified and Low Carbon Step Code. SS appliance package including induction cooktop and wall oven. SMART touchscreen front lock. Dual head ductless heat pump for efficient heating and cooling. Roller Blinds. Car charger outlet. New home warranty. Close to schools, amenities, trails, & beaches.

property details

type: House, Single Family
bedrooms: 4
bathrooms: 4
living area: 2,424 sq ft
lot: 3,434 sq ft
parking: 2
year built: 2026
days on market: 7
MLS®: 1053040

features

Cul-de-sac
Southern exposure
Other
Range - Electric
Dishwasher
Microwave

the market here

sold vs last asking: -3.4%; median, 10 houses sold
listed now: 40 days; median for 50 houses for sale; this one 7 days

Houses in Colwood, registered sales in the last 6 months (BC Assessment) against each home's last asking price on the MLS®. Sale prices register 1 to 3 months after a sale closes.

property tax by year

year	assessed	est. tax
2026	$876,000	$4,141

Estimate: the BC Assessment value times Colwood's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

monthly cost

$5,391/mo

Mortgage $5,391

20% down at 4.44% fixed (Ratehub.ca), 25 years.

estimated payment

$5,391/ monthly

loan $980,000

25-year amortization

down payment20% · $245,00020%+ down: no mortgage insuranceinterest rate4.44%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 30, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $637,418
property transfer tax: $22,500; BC general rate
cash to close: $267,500; down + PTT
total paid: $1,617,418

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.