Property Type: Detached HouseOwnership: Freehold

4650 Goldstream Heights Dr

Shawnigan Lake, BC V0R2W3

$2,100,000

5 bed4 bath7 parking5,436 sqftBuilt 2024
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Property Details

Property & Lot

Sub-type
House
Lot size
4.97 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,900

Interior

Heating
Heat Pump
Cooling / A/C
Fully air conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Lake view, Mountain view, Valley view

Parking

Total spaces
7

Room Dimensions

RoomLevelDimensions
WorkshopMain level28'11 x 19'7
OtherAuxiliary Building38'9 x 30'10
EnsuiteSecond level5-Piece
BathroomSecond level4-Piece
BathroomMain level4-Piece
BathroomAuxiliary Building4-Piece
KitchenAuxiliary Building15'2 x 7'5
OtherAuxiliary Building5'5 x 8'9
Dining roomAuxiliary Building7'5 x 10'5
Living roomAdditional Accommodation15'0 x 11'11
BedroomAuxiliary Building13'7 x 11'7
BedroomSecond level10'5 x 13'0
Primary BedroomSecond level14'10 x 14'11
BedroomSecond level11'11 x 32'7
BedroomMain level19'9 x 11'6
EntranceMain level14'10 x 11'9
Mud roomMain level15'9 x 13'1
KitchenMain level14'7 x 14'5
Dining roomMain level10'8 x 10'0
Living roomMain level28'8 x 16'11

Listing Information

MLS®
1039662
Listed
June 9, 2026
Time on market
On the market for 83 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Island Properties (DU) · Data source: CREA DDF.

Description

Stunning custom-built executive home set on 5 private acres in the highly sought-after Goldstream Heights area. Built in 2024, this impressive 3,100 sq. ft. residence offers 4 bedrooms, 3 bathrooms, soaring 17-foot ceilings, a gourmet chef’s kitchen with a large island, and exceptional high-end finishes throughout. Designed for indoor-outdoor living, the home features covered patios that showcase breathtaking views of Shawnigan Lake and the surrounding mountains. Perfect for hobbyists, car enthusiasts, or those operating a home-based business, the remarkable 2,329 sq. ft. secondary building includes two oversized bays with 17-foot ceilings, a workshop with office space, and a fully self-contained 1-bedroom legal suite—providing outstanding flexibility, guest accommodation, or income potential. This rare offering combines luxury, privacy, and exceptional versatility in one of the area's most desirable locations. Properties like this are seldom available. Experience everything this exceptional estate has to offer—book your private viewing today. (id:63159)

Values & Trends

This listing

$386/sqft

Building average

No other active listings in this building

Shawnigan average

$660/sqft

38 active listing(s)

Parking: 7 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
Willway ElementaryElementary10.4 km
St John's Preparatory Academy Shawnigan(Independent)K-1210.4 km
Bayside Middle SchoolMiddle10.6 km
Lakewood ElementaryElementary10.9 km
Brentwood ElementaryElementary11.2 km
Millstream ElementaryElementary11.4 km
Prospect Lake ElementaryElementary12.0 km
Spencer Middle SchoolMiddle12.1 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.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($420,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,680,000.00
Periodic payment — Principal & Interest (monthly)$10,838.79
Additional monthly expenses (strata, tax, utilities, etc.)$1,013.67
Total monthly cost$11,852.46
Interest paid over 5-yr term$481,492.83
Balance at end of term$1,511,165.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$420,000
Stress test qualifying rate8.09%
Payment you must qualify for$12,918.61

Cash Needed at Closing

Minimum down payment$420,000
Estimated BC PTT$41,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$462,500

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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