- Active
2722 Gibson Place
Shawnigan Lake · Vacant Land
- Lot size
- 7,800 ft²
Listed by eXp Realty · MLS® 1048763
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Sign inAbout this home
Reduced, now just $450,000! Build your dream home just a short walk from the water, without the waterfront price tag. This exceptional, flat and cleared lot is fully serviced and has undergone approximately $150,000 in improvements and transformation over the past few years. A new septic system is in place, with BC Hydro power brought to the lot. The property is fully enclosed with a wrapped metal fence and gated entry, and perimeter drainage has been installed. Zoned R3 and ready for your vision, this property offers an excellent opportunity to create a custom residence in a highly desirable lake community. CVRD-approved renderings for a potential building development permit are available in our file supplements or through your REALTOR®. Enjoy an enviable location just minutes on foot from the Village, volleyball courts, Masons Beach, the boat launch, and all the recreational amenities that come with lakeside living. A rare opportunity to secure a well-prepared building lot in a sought-after area and bring your vision to life.
Home facts
- Lot size
- 7,800 sq ft
- Parking
- 2
- Property type
- Vacant Land
- Area
- Shawnigan
- Listed
- September 8, 2026
- PID
- 005-900-921
- Common interest
- Freehold
Highlights
- Mountain view
Features and inclusions
- Cooling
- None
- Parking
- RV
- Lot
- Central location, Level lot, Southern exposure, Partially cleared, Other, Marine Oriented
Rooms and building
- Water
- Zoning
- Residential
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $2,133
- Property tax
- $133/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,416
Purchase snapshot
- List price
- $450,000
- Down payment
- $90,000 (20%)
- Estimated mortgage
- $360,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
For investors
As a rental
- Estimated rent
- $1,050 a month
- Gross yield
- 2.8%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 70%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.
