2 Days Ago
Highlights
Pet Friendly
Location
3554a Ryder Hesjedal Way, Colwood, BC V9C 0S7, CAN
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Property Overview
Monarch Apartments achieves an impressive overall rating of 8.8 from Zumper, indicating strong potential for renters. It features a perfect price rating of 10, highlighting excellent value for the amenities, location, and overall experience, while also enjoying a high location rating of 9 for its convenience. With an outstanding amenities rating of 10 and a trustworthiness rating of 8, this property demonstrates transparency and provides a premium living standard.
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.
Things you’ll love
Less expensive
Great for
Eco living
Floor plans
| 1 Bedroom | 1 bed | 1 bath | 608 sqft | $1,815 /mo | 1 unit available | ||
| 2 Bedroom Deluxe | 2 bed | 2 bath | 899 sqft | $2,525 /mo | 1 unit available | ||
| 2 Bedroom | 2 bed | 2 bath | 850 sqft | $2,525 /mo | 1 unit available |
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Amenities for Monarch Apartments
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 |
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 terms | 12 months |
|---|
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About Monarch Apartments
Managed by Skyline
Promotions | REFER A FRIEND AND YOU BOTH EARN $400* | $1000 off first month's rent for Military & Emergency Responders* | $500 OFF FIRST MONTH'S 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 |
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 GoodWith 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.
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:
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 4% lower than 1-bedrooms in Colwood.
If you decide to upgrade your space, you can expect 2-bedrooms at Monarch Apartments to be 1% more than the average for similarly sized apartments in Colwood.
Median rents as of Jan 31 2026.
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 |
| November 2025 | $1,680 |
| December 2025 | $1,680 |
| January 2026 | $1,812 |
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
$72,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $72,600 annually to afford this 1-bedroom monthly rent price of $1,815.
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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