Property Type: Detached HouseOwnership: Freehold

2221 Shawnigan Lake Rd

Shawnigan Lake, BC V0R2W5

$1,590,000

4 bed3 bath4 parking2,460 sqftBuilt 2001
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Property Details

Property & Lot

Sub-type
House
Lot size
8,400 square feet
Zoning
Residential

R-2

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,227.35

Interior

Heating
Heat Pump, Baseboard heaters, Electric
Cooling / A/C
Fully air conditioned, Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Lake view, Mountain view
Waterfront
Waterfront on lake

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
BedroomLower level
StorageOther8'8 x 5'5
BathroomSecond level4-Piece
EnsuiteSecond level4-Piece
BedroomSecond level12'0 x 12'4
BedroomSecond level12'4 x 12'3
BedroomSecond level13'8 x 20'9
Laundry roomMain level5' x 6'
BathroomMain level2-Piece
KitchenMain level8'6 x 10'9
Eating areaMain level9'0 x 5'5
Dining roomMain level11'0 x 12'0
Living roomMain level22'0 x 12'0
Family roomLower level17'7 x 16'5

Listing Information

MLS®
1040087
Listed
June 10, 2026
Time on market
On the market for 82 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.

Description

Lakefront. East side. All-day sun. Set against a beautiful mountain backdrop, 2221 Shawnigan Lake Road captures the very best of year-round lake living, with gorgeous natural light from morning through evening and unforgettable sunsets over the water. Elevated above the lake to take in sweeping views, this 4 bed, 3 bath home blends timeless Nantucket-inspired updates with an easy, open-concept layout designed to keep the principal rooms connected to the view. Shiplap detailing, bright interiors, and relaxed coastal style give the home a polished yet comfortable feel, while the deck becomes a front-row seat to quiet morning coffee, golden afternoons, and sunset evenings. Across the road, the lakeside portion offers a covered outdoor kitchen and patio area at dock level, storage for kayaks and paddle boards, and your own dock for swimming, boating, and days spent on the water. Peaceful, practical, and beautifully positioned, close to Shawnigan Lake School, the Mill Bay ferry, and an easy drive to Victoria. (id:63159)

Values & Trends

This listing

$646/sqft

Building average

No other active listings in this building

Shawnigan average

$653/sqft

38 active listing(s)

Parking: 4 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.

Nearby Schools

SchoolTypeDistance
St John's Preparatory Academy Shawnigan(Independent)K-12742 m
Discovery ElementaryElementary2.8 km
Shawnigan Lake(Independent)Secondary2.9 km
Frances Kelsey SecondarySecondary5.8 km
Brentwood College(Independent)Secondary6.4 km
George Bonner ElementaryElementary6.6 km
Evergreen Independent School(Independent)Elementary6.8 km
Ecole Cobble Hill ElementaryElementary7.7 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.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($318,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,272,000.00
Periodic payment — Principal & Interest (monthly)$8,206.51
Additional monthly expenses (strata, tax, utilities, etc.)$725.28
Total monthly cost$8,931.79
Interest paid over 5-yr term$364,558.86
Balance at end of term$1,144,168.11

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$318,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,781.23

Cash Needed at Closing

Minimum down payment$318,000
Estimated BC PTT$29,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$349,300

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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