Property Type: Land / LotOwnership: Freehold

LOT 35 Goldstream Heights Dr

Shawnigan Lake, BC V0R2W3

$548,000

0 bed0 bath4 parking
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Property Details

Property & Lot

Lot size
5.12 acres
Zoning
Residential

GB3

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,347

Interior

Fireplace
None

Exterior & Lot

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

Parking

Total spaces
4 — uncovered indicated
Features
Open

Listing Information

MLS®
1022963
Listed
January 10, 2026
Time on market
On the market for 234 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Harbour Realty Ltd. · Data source: CREA DDF.

Description

Discover a premium view lot in Goldstream Heights! This 5.51-acre parcel is situated in a peaceful area near the end of Goldstream Heights Drive, offering breathtaking views of the ocean, city, mountains, and valley. The building site is ideally located on a hill with privacy from the road The property comes with a driveway and a drilled well already in place. With no building commitment, you have the flexibility to hold onto this pristine land for as long as you desire. Access is available from both Goldstream Heights Drive on the west side and a legal easement on the east side. Enjoy endless recreational opportunities with nearby access to the Sooke Hills Wilderness Trail and Wrigglesworth Lake Park. (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.

Nearby Schools

SchoolTypeDistance
Willway ElementaryElementary5.0 km
Lakewood ElementaryElementary6.0 km
Millstream ElementaryElementary6.6 km
Spencer Middle SchoolMiddle6.8 km
Belmont SecondaryElementary7.0 km
Ruth King ElementaryElementary7.1 km
Lighthouse Christian Academy(Independent)K-127.4 km
David Cameron ElementaryElementary8.3 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: Sooke (SD62)

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($29,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$438,400.00
Periodic payment — Principal & Interest (monthly)$2,828.41
Additional monthly expenses (strata, tax, utilities, etc.)$112.25
Total monthly cost$2,940.66
Interest paid over 5-yr term$125,646.70
Balance at end of term$394,342.22

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$29,800
Stress test qualifying rate8.09%
Payment you must qualify for$3,984.78

Cash Needed at Closing

Minimum down payment$29,800
Estimated BC PTT$8,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,260

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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