New Construction Homes for Sale in Royal Bay & Colwood

Most new homes in British Columbia must carry third-party home warranty insurance under the Homeowner Protection Act. The usual 2-5-10 coverage is two years on materials and labour, five years on the building envelope and ten years on the structure. Ask the Royal Bay or Colwood builder for the warranty provider and the policy details.

GST generally applies to newly built homes, though rebates may be available depending on price and whether it will be your primary residence. British Columbia also offers a newly built home exemption from property transfer tax for qualifying buyers. Confirm your situation with your accountant or lawyer before you finalize numbers.

This page shows condos, detached homes and townhomes in Colwood with a year built of 2025 or later, including much of the inventory in Royal Bay. Some homes are move-in ready and others are still finishing, so we confirm completion dates, occupancy permits and deposit terms with the builder before you commit.