Victoria Real Estate
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682 Shawnigan Lake Rd

$1,349,900

Malahat Proper

Detached5 bd · 4 ba · 2,733 sqftBuilt 2019$494/sqft2 days on market

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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

Mountain view

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryerMicrowaveFreezer

Heating

Heat Pump

Cooling

Air Conditioned

Parking

Stall

Lot

Acreage

Price history

2 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Sep 18, 2026

    Listed $1,349,900

    Active2 days on marketMLS 1049691
  2. Jul 22, 2026

    Listed $1,399,900

    Ddf_delisted57 days on marketMLS 1043621

How this listing compares

Based on 233 sales in Malahat & Area

Median sold

$1,060,500

Avg days on market

54 days

Avg sale-to-list

97%

Avg $/sqft

$415

Price per square foot

This home: $494/sqftArea average: $415/sqft

Above area average

Current market in Malahat & Area

Active (same type)

59

Pending

35

All active listings

135

Months of supply

3

Seller's market3 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 112.3% of assessed value on average.

Based on 212 recent sales.

Local price trend

How Malahat Proper has moved over the last decade.

5378102Oct 2016Sep 2021Aug 2026

Local price index (normalized) · 119 months

Recent nearby sales

12 sales
  • 1432 Highland Pl

    $1,165,000

    5 bd · 4 ba · 2,794 sqft · $417/sqft · 42 days on market

    Sold Aug 25, 2026 · 98% of list

  • 858 Bucktail Rd

    $1,100,000

    3 bd · 3 ba · 3,904 sqft · $282/sqft · 71 days on market

    Sold Aug 24, 2026 · 95.7% of list

  • 3367 Trans Canada Hwy

    $857,500

    5 bd · 2 ba · 4,172 sqft · $206/sqft · 39 days on market

    Sold Aug 20, 2026 · 95.8% of list

  • 2249 Mcintosh Rd

    $899,000

    4 bd · 3 ba · 2,320 sqft · $388/sqft · 17 days on market

    Sold Aug 20, 2026 · 99.9% of list

  • 2468 Arken Terr

    $1,290,000

    3 bd · 3 ba · 2,487 sqft · $519/sqft · 19 days on market

    Sold Aug 17, 2026 · 99.6% of list

  • 72 Marine Dr

    $840,000

    2 bd · 2 ba · 2,639 sqft · $318/sqft · 42 days on market

    Sold Aug 17, 2026 · 97.8% of list

  • 2550 Seaview Rd

    $1,475,000

    4 bd · 3 ba · 4,546 sqft · $324/sqft · 8 days on market

    Sold Aug 17, 2026 · 98.4% of list

  • 1717 Arbutus Terr

    $1,655,300

    5 bd · 4 ba · 6,010 sqft · $275/sqft · 68 days on market

    Sold Aug 14, 2026 · 97.4% of list

  • 2554 Stubbs Rd

    $1,276,000

    4 bd · 3 ba · 2,892 sqft · $441/sqft · 14 days on market

    Sold Aug 14, 2026 · 98.2% of list

  • 846 Aros Rd

    $1,398,000

    6 bd · 3 ba · 3,790 sqft · $369/sqft · 40 days on market

    Sold Aug 13, 2026 · 94.8% of list

  • 2619 Warmland Pl

    $1,475,000

    4 bd · 3 ba · 4,048 sqft · $364/sqft · 84 days on market

    Sold Aug 13, 2026 · 99.3% of list

  • 4133 Rocky Mountain Rd

    $1,140,000

    4 bd · 2 ba · 2,700 sqft · $422/sqft · 194 days on market

    Sold Aug 13, 2026 · 96.6% of list

What would this home cost?

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Monthly mortgage

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Loan amount

$1,349,900 − $269,980

$1,079,920

Down payment

20.0%

$269,980

Property Transfer Tax

$24,998

Legal / closing (est.)

$1,500

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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More on this listing

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