Victoria Real Estate
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497 Outrigger Loop

$1,399,900

Latoria

Detached4 bd · 4 ba · 2,831 sqftBuilt 2003$494/sqft17 days on market

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About this home

Beautifully updated & meticulously maintained family home on a rare 9,000 plus sqft lot in the established area of sought-after Royal Bay. Offering 3 bedrooms up plus a fully self-contained legal suite above the garage, ideal for families, multi-generational living or a mortgage helper. The spacious main floor features formal living & dining rooms, family room, open kitchen and den/media room. The generous primary suite includes a beautifully updated ensuite with walk-in shower, with all bathrooms tastefully updated. Extensive improvements include a new roof, fresh interior & exterior paint, new fencing, heat pump with gas furnace, gas fireplace, gas stove & new hot water tank. Beautifully landscaped yard, oversized double garage & expansive crawl space provide exceptional outdoor space, parking and storage. Located on a quiet street, walking distance to Royal Bay amenities, schools, minutes from the beach, with easy access to Royal Bay’s 10 km network of coastal and forested trails. (id:65179)

Property details

From the listing's public record.

Lot size

9,396 square feet

Year built

2003

Taxes

$6,840/yr

Zoning

Residential

Appliances

RefrigeratorRange - GasRange - ElectricDishwasherFreezer

Heating

Heat PumpForced airNatural gas

Cooling

Central air conditioning

Lot

Curb & gutterLevel lotWooded areaIrregular lot size

Price history

2 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Aug 13, 2026

    Listed $1,399,900

    Active17 days on marketMLS 1046653
  2. Oct 29, 2004

    $468,800

    Sold109 days on marketMLS 339688

How this listing compares

Based on 9 sales in Latoria

Median sold

$1,125,000

Avg days on market

43 days

Avg sale-to-list

97.4%

Avg $/sqft

$420

Price per square foot

This home: $494/sqftArea average: $420/sqft

Above area average

Current market in Latoria

Active (same type)

2

Pending

0

All active listings

9

Months of supply

2.7

Seller's market2.7 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,357,000

Homes in Colwood sell at 108.5% of assessed value on average.

Based on 178 recent sales.

Local price trend

How Latoria has moved over the last decade.

6184106Sep 2016Aug 2021Jul 2026

Local price index (normalized) · 117 months

Recent nearby sales

12 sales
  • 481 Tipton Ave

    $945,000

    3 bd · 2 ba · 2,008 sqft · $471/sqft · 15 days on market

    Sold Aug 25, 2026 · 97% of list

  • 648 Granrose Terr

    $1,210,000

    5 bd · 4 ba · 3,044 sqft · $398/sqft · 63 days on market

    Sold Aug 25, 2026 · 96.9% of list

  • 656 Medalist Ave

    $2,100,000

    4 bd · 3 ba · 3,560 sqft · $590/sqft · 111 days on market

    Sold Aug 24, 2026 · 96.6% of list

  • 533 Gurunank Lane

    $1,350,000

    5 bd · 4 ba · 3,015 sqft · $448/sqft · 113 days on market

    Sold Aug 24, 2026 · 98.2% of list

  • 584 Stornoway Dr

    $1,124,500

    5 bd · 3 ba · 2,648 sqft · $425/sqft · 17 days on market

    Sold Aug 21, 2026 · 99.6% of list

  • 2444 Sooke Rd

    $1,065,000

    5 bd · 4 ba · 2,867 sqft · $371/sqft · 13 days on market

    Sold Aug 21, 2026 · 99.1% of list

  • 3408 Robson Pl

    $1,575,000

    4 bd · 7 ba · 4,157 sqft · $379/sqft · 105 days on market

    Sold Aug 20, 2026 · 96.7% of list

  • 3599 Temperate Pl

    $1,575,000

    5 bd · 5 ba · 3,930 sqft · $401/sqft · 219 days on market

    Sold Aug 19, 2026 · 100% of list

  • 3258 Cora Hill Pl

    $980,000

    5 bd · 3 ba · 2,496 sqft · $393/sqft · 3 days on market

    Sold Aug 17, 2026 · 98% of list

  • 542 Gurunank Lane

    $1,590,000

    5 bd · 4 ba · 4,749 sqft · $335/sqft · 85 days on market

    Sold Aug 17, 2026 · 94.2% of list

  • 3369 St. Troy Pl

    $1,200,000

    5 bd · 3 ba · 2,978 sqft · $403/sqft · 17 days on market

    Sold Aug 14, 2026 · 102.1% of list

  • 3439 Pattison Way

    $925,000

    3 bd · 3 ba · 1,925 sqft · $481/sqft · 38 days on market

    Sold Aug 14, 2026 · 97.5% of list

What would this home cost?

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Monthly mortgage

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Loan amount

$1,399,900 − $279,980

$1,119,920

Down payment

20.0%

$279,980

Property Transfer Tax

$25,998

Legal / closing (est.)

$1,500

Cash to close

$307,478

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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More on this listing

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