Property Type: Land / LotOwnership: Freehold

LT 8 Eagle Dr

Shawnigan Lake, BC V8H2J1

$647,000

0 bed0 bath8 parking
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Property Details

Property & Lot

Lot size
4.99 acres
Zoning
Unknown

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,217

Interior

Fireplace
None

Exterior & Lot

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

Parking

Total spaces
8

Listing Information

MLS®
1039890
Listed
June 12, 2026
Time on market
On the market for 80 days
Data last synced
August 28, 2026

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

Description

Lot 8 is a 4.99 acre lot with spectacular views over Finlayson Arm, the City of Victoria and ocean mountains beyond. Power and high-speed internet are available at the road, providing modern convenience in a peaceful natural setting. Nearby Wrigglesworth Lake Regional Park and the Trans Canada Trail offer exceptional opportunities for hiking, biking, and outdoor recreation. With a drilled well and driveway already installed, much of the groundwork is complete. (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 ElementaryElementary5.9 km
Lakewood ElementaryElementary6.4 km
Millstream ElementaryElementary7.0 km
Spencer Middle SchoolMiddle7.5 km
Ruth King ElementaryElementary7.7 km
Belmont SecondaryElementary7.9 km
Lighthouse Christian Academy(Independent)K-128.2 km
David Cameron ElementaryElementary8.9 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: 6.1% ($39,700) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$517,600.00
Periodic payment — Principal & Interest (monthly)$3,339.38
Additional monthly expenses (strata, tax, utilities, etc.)$101.42
Total monthly cost$3,440.80
Interest paid over 5-yr term$148,345.65
Balance at end of term$465,582.87

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$39,700
Stress test qualifying rate8.09%
Payment you must qualify for$4,669.92

Cash Needed at Closing

Minimum down payment$39,700
Estimated BC PTT$10,940
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,140

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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