2732 Shawnigan Lake Rd
$389,000
Shawnigan
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About this home
Located in the heart of the charming Village of Shawnigan Lake, this R3-zoned property sits within the Official Community Plan, allowing for Village Commercial redevelopment. This flexible zoning permits a variety of uses including a single-family home with suite or a mixed-use building with commercial space below a residence—ideal for investors or developers looking to capitalize on a growing community. Just 10 minutes from the Trans-Canada Highway, Shawnigan Lake offers the perfect blend of small-town charm and accessibility. The lot is only one block from the government docks, beaches, coffee shops, salons, schools, and scenic biking and hiking trails, placing everyday amenities and outdoor adventure at your doorstep. Shawnigan Lake is known for its year-round recreation, including swimming, boating, paddleboarding, and fishing. The area is surrounded by parks such as West Shawnigan Lake and Koksilah River Provincial Park, and is home to the iconic Kinsol Trestle on the Cowichan Valley Trail. This vibrant community also hosts seasonal events and markets that bring residents together throughout the year. Families will appreciate nearby private schools like Shawnigan Lake School and Brentwood College, while food lovers can enjoy local favourites like The Lakehouse and Shawnigan House Coffee + Chocolate. Whether you’re investing, developing, or planning your future home, this property offers unmatched potential in a beautiful and growing lakeside community. (id:65179)
Property details
From the listing's public record.
Lot size
6,098 square feet
Taxes
$4,264/yr
Zoning
Residential
Lot
Price history
6 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Aug 17, 2026
Listed $389,000
Active14 days on marketMLS 1047177Jan 19, 2026
Listed $389,888
Expired101 days on marketMLS 1023579Sep 19, 2025
Listed $389,900
Expired103 days on marketMLS 1014482Aug 26, 2023
Listed $448,000
Expired127 days on marketMLS 941940Mar 6, 2023
Listed $299,000
Cancelled49 days on marketMLS 924878Jun 14, 2022
Listed $340,000
Cancelled265 days on marketMLS 905685
How this listing compares
Based on 11 sales in Malahat & AreaMedian sold
$950,000
Avg days on market
91 days
Avg sale-to-list
92.4%
Avg $/sqft
—
Current market in Malahat & Area
Active (same type)
15
Pending
0
All active listings
137
Months of supply
16.4
Buyer's market — 16.4 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$711,000
Homes in Malahat & Area sell at 431.4% of assessed value on average.
Based on 11 recent sales.
Recent nearby sales
5 sales2871 Whiskey Point Rd
$1,850,000
— · — · — · 25 days on market
Sold Aug 11, 2026 · 109% of list
1894 Lakewood Rd
$825,000
— · — · — · 64 days on market
Sold May 6, 2026 · 68.8% of list
0 Trans Canada Hwy
$1,300,000
— · — · — · 44 days on market
Sold Apr 15, 2026 · 92.9% of list
Lot 11 Thain Rd
$950,000
— · — · — · 285 days on market
Sold Apr 15, 2026 · 86.4% of list
Lot 2 Braithwaite Dr
$423,500
— · — · — · 201 days on market
Sold Mar 19, 2026 · 95.2% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$389,000 − $77,800
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$85,080
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?
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Listed by RE/MAX Camosun