Property Type: Land / LotOwnership: Freehold

2732 Shawnigan lake Rd

Shawnigan Lake, BC V0R2W1

$389,000

0 bed0 bath2 parking
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Property Details

Property & Lot

Lot size
6,098 square feet
Zoning
Residential

R3 + Village Commercial

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$4,263.93

Interior

Fireplace
None

Parking

Total spaces
2

Listing Information

MLS®
1047177
Listed
August 17, 2026
Time on market
On the market for 14 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Camosun · Data source: CREA DDF.

Description

Located in the heart of the charming Village of Shawnigan Lake, this R3-zoned property sits within the Official Community Plan, allowing for Village Commercial redevelopment. This flexible zoning permits a variety of uses including a single-family home with suite or a mixed-use building with commercial space below a residence—ideal for investors or developers looking to capitalize on a growing community. Just 10 minutes from the Trans-Canada Highway, Shawnigan Lake offers the perfect blend of small-town charm and accessibility. The lot is only one block from the government docks, beaches, coffee shops, salons, schools, and scenic biking and hiking trails, placing everyday amenities and outdoor adventure at your doorstep. Shawnigan Lake is known for its year-round recreation, including swimming, boating, paddleboarding, and fishing. The area is surrounded by parks such as West Shawnigan Lake and Koksilah River Provincial Park, and is home to the iconic Kinsol Trestle on the Cowichan Valley Trail. This vibrant community also hosts seasonal events and markets that bring residents together throughout the year. Families will appreciate nearby private schools like Shawnigan Lake School and Brentwood College, while food lovers can enjoy local favourites like The Lakehouse and Shawnigan House Coffee + Chocolate. Whether you’re investing, developing, or planning your future home, this property offers unmatched potential in a beautiful and growing lakeside community. (id:63159)

Location Insights

Weather

Nearest station: Malahat

Mainly Clear

14°C

Mainly Clear

Humidity 86%

Wind WSW 7 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

56

5/9 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
Shawnigan Lake(Independent)Secondary1.2 km
St John's Preparatory Academy Shawnigan(Independent)K-121.9 km
Discovery ElementaryElementary2.1 km
Frances Kelsey SecondarySecondary4.0 km
Evergreen Independent School(Independent)Elementary4.2 km
George Bonner ElementaryElementary4.6 km
Brentwood College(Independent)Secondary5.0 km
Ecole Cobble Hill ElementaryElementary5.1 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

Restaurants (1)

  • The Corner Table · 2740 Dundas Road115 m

Cafes (1)

  • Shawnigan House160 m

Parks (5+)

  • Elsie Miles Park187 m
  • Shawnigan Wharf Park249 m
  • Dougan Park315 m
  • Masons Beach Park562 m
  • Gibsons Park575 m

Gyms (1)

  • KaliYoga Studio · 2721 Shawnigan Lake Road65 m

Pharmacies (1)

  • Island Pharmacy IDA · 1769 Shawnigan Lake-Mill Bay Road161 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$311,200.00
Periodic payment — Principal & Interest (monthly)$2,007.76
Additional monthly expenses (strata, tax, utilities, etc.)$355.33
Total monthly cost$2,363.08
Interest paid over 5-yr term$89,190.81
Balance at end of term$279,925.41

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,450
Stress test qualifying rate8.09%
Payment you must qualify for$2,841.71

Cash Needed at Closing

Minimum down payment$19,450
Estimated BC PTT$5,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$26,730

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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