517 Gurunank Lane

517 Gurunank Lane · Colwood · Vacant Land · $499,900 · MLS 1032839

Colwood, British Columbia
C$499,900
For sale
517 Gurunank Lane

517 Gurunank Lane is located in Colwood. Property snapshot: Vacant Land, listed at $499,900, MLS 1032839. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 88. Latest recorded list price 499900.00.

List Price: $499,900
MLS: 1032839
Days on Site: 88
Price History: Latest recorded list price 499900.00

Local Decision Guide

How should buyers evaluate 517 Gurunank Lane?

Start by reading this listing in its Colwood context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 517 Gurunank Lane?

This page shows a list price of $499,900 with MLS 1032839.

What type of home is this Colwood listing?

The page shows Vacant Land at 517 Gurunank Lane. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 88 days on market/site. Latest recorded list price 499900.00.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Welcome to your dream location! This incredible building lot in the beautiful Royal Bay area offers panoramic ocean views that will take your breath away. Sitting on a generous lot size and situated in a prime location in Colwood, this is the perfect opportunity to build your dream home. The property comes with all services connected and is ready for construction. Plans available with purchase or customize your own dream home. Nestled in the heart of nature, this private and serene lot offers a peaceful and tranquil setting for your ideal coastal lifestyle. Picture waking up every morning to stunning ocean views and enjoying spectacular sunsets from your balcony! Located just a short drive from all amenities, including schools, shopping and restaurants, this lot provides both the privacy and the convenience that you're looking for in a location. Don’t miss out on this once-in-a0lifetime opportunity to make your ocean view home a reality! (id:56153)

Property Details

Vacant Land
Building Type
-
Bedrooms
-
Bathrooms
4,392 sf
Lot Area

Transaction: For sale

Status: active

Listing ID: 29630108 (1032839)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$499,900

Lot Area: 4,392 sf

PID: 029-963-346

Days on Site: 88 days

Added to Relistico: 2026-04-20

Updated on: 2026-04-20 01:02 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
Red Barn Market
About 855.4 m away
611 Brookside Road
Quality Foods
About 967 m away
345 Latoria Boulevard
Shopping Centres
The Commons
About 900.7 m away
345 Latoria Boulevard
Allandale Centre
About 1.6 km away
681 Allandale Road

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

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Last Updated: Mon, 20 Apr 2026 11:38:22 AM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Pemberton Holmes Ltd.

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