3518 Parandeh Lane, Lagoon Colwood
Price
$1,480,000
Bedrooms1 Beds
Bathrooms2 Baths
Size1853 sqft
Year Built1975
Property TypeCondo/Townhouse
Property Taxes$5,786.72
Maintenance FeesNot listed
Description
Welcome to a rare oceanfront property perched above the shimmering waters of the Esquimalt Lagoon in Colwood. With nothing between your backyard and the Pacific Ocean, this home offers a front-row seat to sea, sky, and distant snow-capped peaks. Sunrises paint the horizon over Mount Baker; sunsets cast gold across the Strait of Juan de Fuca. Protected by surrounding coastal mountains that act as a natural windbreak, the micro-climate here stays remarkably temperate—mild winters, gentle breezes, and year-round greenery. This property features a 40-metre-long lot, providing exceptional privacy and space for gardens, outdoor living, or future expansion overlooking the ocean. Just a short walk to the Esquimalt Lagoon beach and a nearby plaza with cafés, groceries, and everyday amenities, it blends tranquil coastal beauty with modern convenience. Steps away lie Royal Roads University, Hatley Castle, and vast parklands filled with forested trails, beaches, and wildlife. A small mountain and city park nearby offer scenic hikes and panoramic viewpoints right in your neighbourhood. The property is immersed in nature: herons and eagles soar overhead, seals and otters glide through the waves below, and the dusk and dawn skies bring a new colour show each day. The home includes a legal secondary suite, providing flexibility for multigenerational living, guest accommodation, or income potential while you enjoy this incredible setting or plan future improvements. 3518 Parandeh Lane captures the best of West Coast living—unobstructed ocean views, peaceful surroundings, proximity to university and parks, and walkable convenience—all in one exceptional property. (id:39198)
Listed By
The listing brokerage and/or agent is Pemberton Holmes Ltd.
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Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$5,799 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,184,000
Total Interest Payments
$730,009
Total Payment (Principal + Interest)
$1,914,009
Cashflow Calculator
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Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Comber Friesen Group
Realtors
Meet Alex & Georgia
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Locations We Serve
Cowichan Valley
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.