Highlights
- Pet Friendly 
Location
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Property management
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Monarch Apartments achieves a strong Zumper Expert Rating of 8.8, showcasing its appeal to renters with competitive pricing, excellent amenities, and a prime location. The property excels in environmental sustainability with access to public transit and walkable areas, while also being pet-friendly with ample outdoor spaces. Its transparency and detailed management reinforce the trustworthiness, offering potential residents a clear understanding of what to expect.
Things you’ll love
Great for
| 1 Bedroom | 1 bed | 1 bath | 608 sqft | $1,965 /mo | 1 unit available | ||
| 1 Bedroom + Den | 1 bed | 1 bath | 687 sqft | $2,125 /mo | 1 unit available | ||
| 2 Bedroom | 2 bed | 2 bath | 850 sqft | $2,615 /mo | 1 unit available | 
Let's explore this property.
Apartment Amenities
| Balcony | Central Heat | 
| Vinyl Plank Floors | 
Appliances
| Dishwasher | Dishwasher Available | 
| Fridge | In-Unit Laundry | 
| Individual Thermostats | Stove | 
| Washer In-Suite | 
Building
| Bicycle Racks | Bicycle Room | 
| Cats OK | Controlled Access | 
| Controlled Entry | Dogs OK | 
| Elevator | EV Charging | 
| Fitness Center | No Smoking Allowed | 
| Onsite Laundry | Residents Lounge | 
| Social Room | Solar Panels | 
| Wheelchair Accessible | 
Grounds
| Assigned Parking | Community Garden | 
| Garage Parking | Outdoor Space | 
Services
| 24/7 Emergency Service | On-Site Management | 
Other
| Small Pet Friendly | 
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Lease terms | 12 months | 
|---|
Promotions | REFER A FRIEND AND YOU BOTH EARN $400* | $1000 off first month's rent for Military & Emergency Responders* | $500 OFF FIRST MONTHS RENT* | 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 | Sunday: 11:00 am - 3:00 pm |
How Monarch Apartments compares to other nearby properties.
Positives
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.
| Month | Median 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 | 
Can I afford to live at 3554a Ryder Hesjedal Way?
Bedrooms
Rent-to-income ratio
30%
$81,800/yr