Zumper

OFFER:

$1000 OFF FIRST MONTHS RENT FOR MILITARY & EMERGENCY RESPONDERS* *Conditions apply. Inquire for details.

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1 Day Ago

Highlights

  • Rent Special
  • Pet Friendly

Location

3554a Ryder Hesjedal Way, Colwood, BC V9C 0S7, CAN
Hi! Let’s figure out if this property is right for you.

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Contact

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Management

Skyline

Leasing office

(778) 402-9407

Property Overview

Monarch Apartments receives a strong overall rating of 8.8 out of 10, reflecting its exceptional value and amenities, both rated at 10 out of 10. Its prime location garners a 9 out of 10 for convenience, while a trustworthiness rating of 8 out of 10 underscores the transparency in property management. Additionally, it is recognized for its environmental sustainability, with easy access to transportation and walkability.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 out of 10 overall, Monarch Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Monarch Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive

Great for

  • Eco living

Floor plans

1 Bedroom1 bed1 bath608 sqft$1,840 /mo1 unit available
1 Bedroom + Den1 bed1 bath687 sqft$1,920 /mo1 unit available
2 Bedroom Deluxe2 bed2 bath899 sqft$2,450 /mo1 unit available
2 Bedroom2 bed2 bath850 sqft$2,470 /mo1 unit available

Let's explore this property.

Amenities for Monarch Apartments

Apartment Amenities

BalconyCentral Heat
Vinyl Plank Floors

Appliances

DishwasherDishwasher Available
FridgeIn-Unit Laundry
Individual ThermostatsStove
Washer In-Suite

Building

Bicycle RacksBicycle Room
Cats OKControlled Access
Controlled EntryDogs OK
ElevatorEV Charging
Fitness CenterNo Smoking Allowed
Onsite LaundryResidents Lounge
Social RoomSolar Panels
Wheelchair Accessible

Grounds

Assigned ParkingCommunity Garden
Garage ParkingOutdoor Space

Services

24/7 Emergency ServiceOn-Site Management

Other

Small Pet Friendly
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Garage Lot

Surface Lot

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Building details

Property details

Lease terms12 months
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About Monarch Apartments

Managed by Skyline
HomeApartments in Colwood Monarch Apartments

Promotions | $1000 off first month's rent for Military & Emergency Responders* | The sophisticated collection of one and two-bedroom suites at Monarch Apartments has everything you need - stainless steel appliances, quartz countertops, in-suite laundry, individual climate-control, and large bright windows that maximize the view and bathe the open-concept floor plan in natural light. Each apartment includes stylish wide-plank vinyl flooring, plush carpet in bedrooms, and a private patio or balcony to expand your living space and invite the fresh island breeze through. Learn more about this beautiful new property today! | Open House | Saturday: 11:00 am - 3:00 pm |


Go to property website

Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, Monarch Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Monarch Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Monarch Apartments
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Monarch Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Monarch Apartments stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Monarch Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Monarch Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Monarch Apartments is great for:

Eco living

  • Public transit available nearby
  • You can get around by foot in this area
  • Thermostats

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Monarch Apartments compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby

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Rent trends in Colwood

1-bedroom apartments here are priced 2% lower than 1-bedrooms in Colwood.

If you decide to upgrade your space, you can expect 2-bedrooms at Monarch Apartments to be 4% less than the average for similarly sized apartments in Colwood.

Median rents as of Mar 14 2026.
Colwood
A table of studio rental data trends in Colwood
MonthMedian Rent
May 2025$1,766
June 2025$1,771
July 2025$1,674
August 2025$1,687
September 2025$1,699
October 2025$1,675
November 2025$1,680
December 2025$1,680
January 2026$1,812
February 2026$1,861
March 2026$1,888

Affordability calculator

Can I afford to live at 3554a Ryder Hesjedal Way?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$75,200/yr

With your selected rent-to-income ratio, you'd ideally want to make $75,200 annually to afford this 1-bedroom median monthly rent price of $1,880.
For more information on rent affordability, visit our rent calculator.
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Internet available near Monarch Apartments

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Colwood near 3554a Ryder Hesjedal Way

Walking

2/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 3554a Ryder Hesjedal Way, Colwood

Groceries

5/10
At least one supermarket within a 20-minute walk

Shopping

1/10
Few or no shops within walking distance

Cafes

0/10
Few or no cafés within walking distance

Restaurants

2/10
Few or no restaurants within walking distance

Primary schools

1/10
Closest elementary school further than a 30-minute walk

High schools

9/10
At least one high school within a 5-minute walk

Nightlife

0/10
Few or no bars within walking distance

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