
40106 700 Shawnigan Lake Rd
$649,900
Shawnigan
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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
Price history
1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
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 market — 120 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 sale6-2046 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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Estimate
Monthly mortgage
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Loan amount
$649,900 − $129,980
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
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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Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.