Property Type: Condo / ApartmentOwnership: Strata

4030 Ridgeline Dr

Shawnigan Lake, BC V0R2W3

$1,499,000

3 bed2 bath10 parking2,216 sqftBuilt 2023
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Property Details

Property & Lot

Sub-type
House
Lot size
5.01 acres
Zoning
Residential

GB2/GB3

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$230/mo
Annual property tax
$3,612.32

Interior

Heating
Heat Pump, Wood
Cooling / A/C
See Remarks
Fireplace
Yes (1)

Exterior & Lot

View
City view, Mountain view, Ocean view, Valley view

Parking

Total spaces
10

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
PatioMain level
PatioMain level
PatioMain level
Laundry roomMain level
BathroomMain level4-Piece
BedroomMain level
BedroomMain level
EnsuiteMain level5-Piece
Primary BedroomMain level
PantryMain level
Dining roomMain level
KitchenMain level
Living roomMain level
EntranceMain level

Listing Information

MLS®
1041969
Listed
July 2, 2026
Time on market
On the market for 60 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

Discover a rare 2023-built rancher perched to showcase some of the most breathtaking views on Southern Vancouver Island. This freshly painted 3-bedroom, 2-bath single-level home delivers sweeping 360° vistas of the Olympic Mountains, Salish Sea, Mount Baker, the City of Victoria, Saanich Inlet and Finlayson Arm. Enjoy a heat pump, tile flooring, fast EV charging station, high-end appliances, cozy wood stove, dual-fuel 36'' gas range and an exterior patio for sunny BBQs. The 5.02-acre property includes a charming chicken coop on a flat, prepared lower level providing extra usable space for hobbies, storage or future development, plus a separate secondary driveway for easy access. Dual zoning offers options including accessory buildings, a secondary suite, B&B or short-term rentals. Ten minutes to Hwy 1, 20 minutes to Langford and 35 minutes to downtown Victoria, this move-in-ready property pairs sweeping views with exceptional potential. (id:63159)

Values & Trends

This listing

$676/sqft

Building average

No other active listings in this building

Shawnigan average

$575/sqft

11 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
Willway ElementaryElementary7.3 km
Lakewood ElementaryElementary7.6 km
Millstream ElementaryElementary8.0 km
Spencer Middle SchoolMiddle8.7 km
Ruth King ElementaryElementary8.9 km
Belmont SecondaryElementary9.2 km
Lighthouse Christian Academy(Independent)K-129.6 km
Prospect Lake ElementaryElementary9.7 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.

Nearby Places

Parks (1)

  • Wrigglesworth Lake Regional Park611 m

Nearby places data: © OpenStreetMap contributors.

School district: Sooke (SD62)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($124,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,199,200.00
Periodic payment — Principal & Interest (monthly)$7,736.83
Additional monthly expenses (strata, tax, utilities, etc.)$642.03
Total monthly cost$8,378.86
Interest paid over 5-yr term$343,694.17
Balance at end of term$1,078,684.28

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$124,900
Stress test qualifying rate8.09%
Payment you must qualify for$10,566.35

Cash Needed at Closing

Minimum down payment$124,900
Estimated BC PTT$27,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$154,380

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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