Victoria Real Estate
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40106 700 Shawnigan Lake Rd

$649,900

Shawnigan

Condo— · — · —Built 202275 days on market

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About this home

Your Malahat Business Center Warehouse Awaits... Proudly Offered at $674,900.00 700 Shawnigan Lake Road: Your Gateway to Opportunity and Growth Warehouse opportunity at 40-106 700 Shawnigan Lake Road. Located in the esteemed Malahat Industrial Center, this property is a prime canvas for entrepreneurs and businesses looking to establish themselves in a strategic, central location with seamless access to Victoria and up-island destinations via the Trans-Canada Highway. Flexible Zoning for Diverse Uses This property boasts I-1A Light Industrial zoning, a designation that allows for a broad spectrum of enterprises. Whether you're dreaming of a manufacturing space, a warehouse, or another light industrial venture, this zoning provides the flexibility to suit your specific needs. Shawnigan Lake’s A-1 zoning further highlights the area’s appeal, supporting agriculture-related businesses alongside industrial uses, making it ideal for hybrid ventures. Modern and Functional Design This recently constructed 2,100 sq. ft. warehouse features an open floor plan with a mezzanine area upstairs, perfect for customizable workspaces. The end-unit layout offers additional privacy and ample natural light, creating an inviting and productive environment. With its interesting design, the space allows for creative adaptations to meet various operational requirements. Strategic Investment Opportunity Whether you're looking to launch your business or secure a holding property for leasing purposes, this warehouse is ready for immediate possession. Its prime location and modern amenities ensure strong leasing potential in a growing community. Plenty of Parking and Accessibility The end-unit advantage provides abundant parking space, making it convenient for employees, clients, or tenants. The property’s easy access to major transportation routes adds to its practical appeal. (id:65179)

Property details

From the listing's public record.

Lot size

2,199 square feet

Year built

2022

Taxes

$8,618/yr

Strata / HOA

$217/month

Zoning

Unknown

Heating

Baseboard heaters

Price history

1 record

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. May 8, 2026

    Listed $649,900

    Active75 days on marketMLS 1034624

How this listing compares

Not enough recent sales in this area for reliable stats.

Current market in Shawnigan

Active (same type)

20

Pending

0

All active listings

60

Months of supply

120

Buyer's market120 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$621,000

Land

$124,000

Improvements

$497,000

Recent nearby sales

1 sale
  • 6-2046 Widows Walk

    $740,000

    1 bd · 1 ba · 742 sqft · $997/sqft · 12 days on market

    Sold Jun 15, 2026 · 98.7% of list

What would this home cost?

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Monthly mortgage

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Loan amount

$649,900 − $129,980

$519,920

Down payment

20.0%

$129,980

Property Transfer Tax

$10,998

Legal / closing (est.)

$1,500

Cash to close

$142,478

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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More on this listing

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