Property Type: Land / LotOwnership: Freehold

LOT 23 GOLDSTREAM HEIGHTS Dr

Shawnigan Lake, BC V0R2W3

$629,000

0 bed0 bath10 parking
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Property Details

Property & Lot

Lot size
5.24 acres
Zoning
Residential

GB-3

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Parking

Total spaces
10

Listing Information

MLS®
1044846
Listed
August 1, 2026
Time on market
On the market for 30 days
Data last synced
August 28, 2026

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

Description

Lot 23 Goldstream Heights Drive The perfect opportunity to build your dream home on this private 5.2-acre property in the sought-after Goldstream Heights area. Just moments from beautiful Wrigglesworth Lake, this parcel features a drilled well, three cleared building pads, and custom plans for a stunning 4,972 sq.ft. three-level home offering 4 bedrooms and 3 bathrooms. Enjoy the flexibility of two access points—the main entrance from Goldstream Heights Drive and a secondary access via the registered easement road through Lot 22 beside the lake entrance. Surrounded by nature with excellent privacy, this property is ideally located between Mill Bay and Shawnigan Lake, offering a peaceful rural setting while remaining within a convenient drive to amenities, schools, and recreation. A rare opportunity to build your custom estate in one of the area's most desirable locations. Drilled well installed in 2007 with a depth of 605 ft, est 2 US GPM yield, and water quality reports available. (id:63159)

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

7

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 ElementaryElementary7.7 km
Lakewood ElementaryElementary8.1 km
Millstream ElementaryElementary8.6 km
Spencer Middle SchoolMiddle9.2 km
Ruth King ElementaryElementary9.4 km
Belmont SecondaryElementary9.6 km
Lighthouse Christian Academy(Independent)K-1210.0 km
Bayside Middle SchoolMiddle10.2 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 (2)

  • Wrigglesworth Lake Regional Park418 m
  • Unnamed611 m

Nearby places data: © OpenStreetMap contributors.

School district: Sooke (SD62)

Mortgage & Ownership Cost Calculator

Minimum required: 6.0% ($37,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$503,200.00
Periodic payment — Principal & Interest (monthly)$3,246.48
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$3,246.48
Interest paid over 5-yr term$144,218.57
Balance at end of term$452,630.03

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$37,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,545.35

Cash Needed at Closing

Minimum down payment$37,900
Estimated BC PTT$10,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$49,980

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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