3588 Temperate Pl
$1,400,000
Royal Bay
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About this home
TP Lot 38 - Cove - GST credit amount on select homes closing before August 31st, 2026!* Enjoy brand-new construction with a legal 1-bedroom suite above the garage to help offset your mortgage. This family-friendly home offers 4 beds, 4 baths, and multiple storage areas. The bright and open layout flows to a sunny patio w/ gas BBQ hookup, perfect for entertaining. The primary features A/C, a walk-in closet, and a 4-piece ensuite. The legal suite includes its own hydro meter, heat pump, and laundry. Built to Built Green and Low Carbon Step Code standards, the home also includes a dual-head ductless heat pump providing efficient heating and cooling, a stainless steel appliance package with an induction cooktop and wall oven, SMART touchscreen front lock, roller blinds, EV outlet, and new home warranty. Ideally located close to schools, amenities, trails, and beaches. It's west coast living in this collection of single family homes by award winning Verity Construction at Temperate Place! (id:65179)
Property details
From the listing's public record.
Lot size
4,036 square feet
Year built
2026
Taxes
$0/yr
Zoning
Residential
Appliances
Heating
Cooling
Lot
Price history
1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 17, 2026
Listed $1,400,000
Active3 days on marketMLS 1043498
How this listing compares
Based on 54 sales in Royal BayMedian sold
$1,343,572
Avg days on market
48 days
Avg sale-to-list
98.5%
Avg $/sqft
$418
Price per square foot
Above area average
Current market in Royal Bay
Active (same type)
15
Pending
10
All active listings
37
Months of supply
3.3
Seller's market — 3.3 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$909,000
Homes in Colwood sell at 107.4% of assessed value on average.
Based on 173 recent sales.
Local price trend
How Royal Bay has moved over the last decade.
Local price index (normalized) · 117 months
Recent nearby sales
12 sales3589 Temperate Pl
$1,275,000
4 bd · 4 ba · 3,091 sqft · $412/sqft
Sold Jul 15, 2026 · 100% of list
364 Kestrel St
$1,120,000
3 bd · 3 ba · 3,116 sqft · $359/sqft · 29 days on market
Sold Jul 8, 2026 · 95.3% of list
3475 Trumpeter St
$1,315,000
5 bd · 3 ba · 2,834 sqft · $464/sqft · 78 days on market
Sold Jul 3, 2026 · 97.4% of list
3604 Temperate Pl
$1,675,000
6 bd · 6 ba · 4,125 sqft · $406/sqft · 1 day on market
Sold Jul 2, 2026 · 100% of list
485 Outrigger Loop
$1,280,000
4 bd · 4 ba · 3,649 sqft · $351/sqft · 15 days on market
Sold Jun 30, 2026 · 98.5% of list
3603 Temperate Pl
$1,675,000
5 bd · 5 ba · 3,903 sqft · $429/sqft · 135 days on market
Sold Jun 30, 2026 · 100% of list
173 Caspian Dr
$1,167,000
4 bd · 4 ba · 3,001 sqft · $389/sqft · 42 days on market
Sold Jun 25, 2026 · 97.3% of list
3365 Sandpiper St
$1,315,000
4 bd · 4 ba · 4,223 sqft · $311/sqft · 62 days on market
Sold Jun 24, 2026 · 99.3% of list
3460 Sparrowhawk Ave
$1,332,000
5 bd · 4 ba · 3,719 sqft · $358/sqft · 56 days on market
Sold Jun 23, 2026 · 97.3% of list
3592 Temperate Pl
$1,400,000
4 bd · 4 ba · 3,146 sqft · $445/sqft · 29 days on market
Sold Jun 19, 2026 · 100% of list
3649 Coleman Pl
$1,180,000
4 bd · 3 ba · 2,980 sqft · $396/sqft · 14 days on market
Sold Jun 1, 2026 · 98.3% of list
3453 Sandpiper St
$1,415,000
6 bd · 4 ba · 3,638 sqft · $389/sqft · 28 days on market
Sold May 29, 2026 · 97.7% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$1,400,000 − $280,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$307,500
Down payment + PTT + GST + legal estimate.
Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.
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Interested in this home?
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Listed by Royal LePage Coast Capital - Westshore