513 Gurunank Lane

Colwood, British Columbia
C$1,380,000

Local Decision Guide

How should buyers evaluate 513 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.

For sale
513 Gurunank Lane

Remarks

Unobstructed ocean views with a stunning Olympic Mountain backdrop define this exceptional Royal Bay residence offering over 3,900+ sq. ft. of thoughtfully designed living space across 3 levels. Built in 2019 with some upscale upgrades, this 4/5 bedroom West Coast home presents a rare opportunity to secure a move-in ready view property in one of the Westshore’s most sought-after coastal communities. Expansive windows flood the open-concept main living area with natural light while perfectly framing the ever-changing ocean scenery. The redesigned living room fireplace, fresh interior paint, and seamless access to the extended wrap-around balcony create an inviting space for both everyday living and entertaining. A self-contained 1-bedroom suite provides excellent flexibility for extended family, guests, or valuable rental income. Over $160,000+ in recent improvements include 9 replaced windows, motorized blinds throughout, Toto bidet toilets in 4 bathrooms, a suite heat pump, upgraded landscaping and fencing, retaining wall improvements, new refrigerator, and a top-of-the-line sewage treatment system with recently replaced pump. Beautiful low-maintenance outdoor spaces allow more time to enjoy nearby beaches, parks, scenic walking trails, and the growing amenities of Royal Bay Commons. Opportunities to own a newer ocean view home of this size and quality in Royal Bay are limited—particularly with the extensive upgrades and suite flexibility offered here. (id:56153)

Property Details

House
Building Type
4
Bedrooms
5
Bathrooms
2019
Year Built
7 years
Age
70
Days on Site
4,774 sf
Lot Area
3,956 sqft
Interior Size
C$349
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29529082 (1030251)

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Site Context

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Property Summary

Price: C$1,380,000

Lot Area: 4,774 sf

PID: 029-963-354

Days on Site: 70 days

Added to BurnabyHouse: 2026-03-28

Updated on: 2026-05-30 03:01 PM PDT

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Lot info

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Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
Red Barn Market
About 858.5 m away
611 Brookside Road
Quality Foods
About 977.7 m away
345 Latoria Boulevard
Shopping Centres
The Commons
About 911.6 m away
345 Latoria Boulevard
Allandale Centre
About 1.6 km away
681 Allandale Road

Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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