682 Shawnigan Lake Rd
$1,349,900
Malahat Proper
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About this home
Exceptional 5-acre property offering the perfect combination of space, income potential and an incredible detached workshop! The 3-bed, 3-bath + den main home provides comfortable family living, while the self-contained 2-bedroom legal suite is ideal for extended family or rental income. The true showpiece is the massive 2,100+ sq.ft. detached shop with soaring 19-foot ceilings—perfect for tradespeople, contractors, car enthusiasts, RV storage or a home-based business. With ample parking for equipment, trailers and recreational vehicles, this property is designed for those who need room to work and play. Conveniently located with easy access to Highway 1, you'll enjoy the privacy of acreage living without sacrificing commuting convenience. A rare opportunity with endless possibilities. (id:65179)
Property details
From the listing's public record.
Lot size
5.02 acres
Year built
2019
Taxes
$6,432/yr
Zoning
Residential
View
Appliances
Heating
Cooling
Lot
Price history
2 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Sep 18, 2026
Listed $1,349,900
Active42 days on marketMLS 1049691Jul 22, 2026
Listed $1,399,900
Ddf_delisted57 days on marketMLS 1043621
How this listing compares
Based on 259 sales in Malahat & AreaMedian sold
$1,050,000
Avg days on market
54 days
Avg sale-to-list
97%
Avg $/sqft
$395
Price per square foot
Above area average
Current market in Malahat & Area
Active (same type)
51
Pending
2
All active listings
116
Months of supply
2.4
Seller's market — 2.4 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$1,299,000
Homes in Malahat & Area sell at 111.9% of assessed value on average.
Based on 218 recent sales.
Local price trend
How Malahat Proper has moved over the last decade.
Local price index (normalized) · 118 months
Recent nearby sales
12 sales3445 Cobble Hill Rd
$1,280,000
6 bd · 4 ba · 4,278 sqft · $299/sqft · 68 days on market
Sold Oct 29, 2026 · 94.9% of list
3325 Telegraph Rd
$1,391,250
4 bd · 3 ba · 4,122 sqft · $338/sqft · 141 days on market
Sold Oct 29, 2026 · 97.3% of list
675 Kilmalu Rd
$835,000
2 bd · 2 ba · 2,464 sqft · $339/sqft · 33 days on market
Sold Oct 29, 2026 · 98.2% of list
3883 Red Baron Rd
$800,000
3 bd · 3 ba · 2,894 sqft · $276/sqft · 59 days on market
Sold Oct 27, 2026 · 94.2% of list
1841 Radway Rd
$950,000
5 bd · 3 ba · 2,534 sqft · $375/sqft · 28 days on market
Sold Oct 23, 2026 · 95% of list
3590 Garland Ave
$680,000
3 bd · 2 ba · 2,882 sqft · $236/sqft · 74 days on market
Sold Oct 22, 2026 · 97.8% of list
1846 Elford Rd
$1,725,000
5 bd · 4 ba · 4,161 sqft · $415/sqft · 118 days on market
Sold Oct 21, 2026 · 95.9% of list
2686 Morningstar Rd
$839,900
4 bd · 3 ba · 2,800 sqft · $300/sqft · 16 days on market
Sold Oct 20, 2026 · 100% of list
1630 Kristin Way
$675,000
3 bd · 2 ba · 1,340 sqft · $504/sqft · 26 days on market
Sold Oct 16, 2026 · 99.4% of list
1629 Kristin Way
$650,000
3 bd · 2 ba · 1,631 sqft · $399/sqft · 30 days on market
Sold Oct 14, 2026 · 100.2% of list
804 Bucktail Rd
$1,030,000
5 bd · 3 ba · 3,856 sqft · $267/sqft · 34 days on market
Sold Oct 8, 2026 · 97.3% of list
3378 Kilipi Rd
$1,236,000
3 bd · 3 ba · 2,226 sqft · $555/sqft · 30 days on market
Sold Oct 7, 2026 · 95.4% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$1,349,900 − $269,980
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$296,478
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?
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Listed by The Agency