2191 Renfrew Rd
$499,000
Shawnigan
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About this home
Discover the potential of this beautiful, level 1+ acre property, ideally located in the heart of Shawnigan Lake. Zoned R-3, this property presents an exciting opportunity for future redevelopment or to create your ideal West Coast retreat (buyer to verify development potential). Surrounded by mature trees and a peaceful natural setting, the possibilities are endless. Whether you're exploring future development potential, creating a multi-generational property, or envisioning your own private retreat, this property offers exceptional flexibility to bring your ideas to life. The existing rustic cabin also offers flexibility. Renovate it, generate rental income, or live comfortably while bringing your vision to life. With Shawnigan Lake, local shops, schools, right at your doorstep and with an easy commute to both Duncan and Victoria, this is a rare opportunity to secure a property that offers space, privacy, and outstanding future potential. Call today to view! (id:65179)
Property details
From the listing's public record.
Lot size
1 acres
Taxes
$3,804/yr
Zoning
Multi-Family
Lot
Price history
2 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Aug 2, 2026
Listed $499,000
Active8 days on marketMLS 1043798Jun 23, 2025
Listed $669,900
Cancelled168 days on marketMLS 1001319
How this listing compares
Based on 12 sales in Malahat & AreaMedian sold
$647,500
Avg days on market
108 days
Avg sale-to-list
90.5%
Avg $/sqft
—
Current market in Malahat & Area
Active (same type)
14
Pending
1
All active listings
142
Months of supply
14
Buyer's market — 14 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$676,000
Homes in Malahat & Area sell at 402.9% of assessed value on average.
Based on 12 recent sales.
Recent nearby sales
5 sales1894 Lakewood Rd
$825,000
— · — · — · 64 days on market
Sold May 6, 2026 · 68.8% of list
Lot 11 Thain Rd
$950,000
— · — · — · 285 days on market
Sold Apr 15, 2026 · 86.4% of list
0 Trans Canada Hwy
$1,300,000
— · — · — · 44 days on market
Sold Apr 15, 2026 · 92.9% of list
Lot 2 Braithwaite Dr
$423,500
— · — · — · 201 days on market
Sold Mar 19, 2026 · 95.2% of list
Lot 11 Goldstream Heights Dr
$407,500
— · — · — · 28 days on market
Sold Feb 17, 2026 · 95% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$499,000 − $99,800
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$109,280
Down payment + PTT + GST + legal estimate.
Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.
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Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
Listed by Royal LePage Coast Capital - Sooke