Property Type: Detached HouseOwnership: Freehold

1850 Lakewood Rd

Shawnigan Lake, BC V0R2W0

$1,300,000

5 bed4 bath10 parking2,355 sqftBuilt 1998
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Property Details

Property & Lot

Sub-type
House
Lot size
2.5 acres
Zoning
Residential

R-2

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,364.79

Interior

Heating
Heat Pump, Electric
Cooling / A/C
Air Conditioned
Fireplace
None

Parking

Total spaces
10

Room Dimensions

RoomLevelDimensions
BathroomAuxiliary Building4-Piece
Laundry roomMain level6'11 x 4'11
BathroomMain level2-Piece
Dining roomMain level7'7 x 5'4
Living roomAuxiliary Building7'3 x 15'2
BedroomAuxiliary Building11'2
KitchenAuxiliary Building7'7 x 9'10
BathroomSecond level4-Piece
BedroomSecond level10'8 x 10'7
BedroomSecond level11'3
EnsuiteSecond level3-Piece
Primary BedroomSecond level14'9
BedroomSecond level10'3
StorageMain level9'8 x 9'11
Family roomMain level12'4
Dining roomMain level11'2 x 8'9
KitchenMain level13'6 x 10'10
DenMain level11'7 x 11'4
Living roomMain level16'3 x 12'1

Listing Information

MLS®
1041370
Listed
June 25, 2026
Time on market
On the market for 67 days
Data last synced
August 28, 2026

Listing provided by: Pemberton Holmes Ltd. - Oak Bay · Data source: CREA DDF.

Description

Just a short walk to the lake, this private 2.5-acre property is where outdoor freedom meets real flexibility. Surrounded by tall pines, the bright 4 bed, 3 bath home offers space for families to grow and gather, with open living areas that make daily life feel effortless. A detached bachelor carriage house provides added income or a comfortable space for guests or extended family. The 996 sq.ft. garage/workshop is ideal for trades, hobbies, or weekend toys, offering true versatility for a range of lifestyles. The yard is flat, sunny, and ready for gardens, play, or outdoor entertaining. With great schools, scenic trails, and lake access nearby, this home offers the kind of breathing room and balance that’s getting harder to find. A rare opportunity to live, work, and thrive in one of Shawnigan’s most peaceful pockets. Call/ text Brock at 250-715-5414 for more information or to book a private viewing (id:63159)

Values & Trends

This listing

$552/sqft

Building average

No other active listings in this building

Shawnigan average

$656/sqft

38 active listing(s)

Parking: 10 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Malahat

Mainly Clear

16°C

Mainly Clear

Humidity 73%

Wind S 6 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
St John's Preparatory Academy Shawnigan(Independent)K-122.1 km
Discovery ElementaryElementary4.3 km
Shawnigan Lake(Independent)Secondary4.4 km
Frances Kelsey SecondarySecondary6.4 km
Brentwood College(Independent)Secondary6.7 km
George Bonner ElementaryElementary7.3 km
Evergreen Independent School(Independent)Elementary8.0 km
Ecole Cobble Hill ElementaryElementary8.9 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Parks (1)

  • Bell Irving Beach Access729 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($105,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,040,000.00
Periodic payment — Principal & Interest (monthly)$6,709.73
Additional monthly expenses (strata, tax, utilities, etc.)$731.73
Total monthly cost$7,441.46
Interest paid over 5-yr term$298,066.99
Balance at end of term$935,483.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$105,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,189.13

Cash Needed at Closing

Minimum down payment$105,000
Estimated BC PTT$24,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$130,500

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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