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LOT 23 GOLDSTREAM HEIGHTS Drive
Shawnigan Lake · Vacant Land
Listed by eXp Realty · MLS® 1044846
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Lot 23 Goldstream Heights Drive The perfect opportunity to build your dream home on this private 5.2-acre property in the sought-after Goldstream Heights area. Just moments from beautiful Wrigglesworth Lake, this parcel features a drilled well, three cleared building pads, and custom plans for a stunning 4,972 sq.ft. three-level home offering 4 bedrooms and 3 bathrooms. Enjoy the flexibility of two access points—the main entrance from Goldstream Heights Drive and a secondary access via the registered easement road through Lot 22 beside the lake entrance. Surrounded by nature with excellent privacy, this property is ideally located between Mill Bay and Shawnigan Lake, offering a peaceful rural setting while remaining within a convenient drive to amenities, schools, and recreation. A rare opportunity to build your custom estate in one of the area's most desirable locations. Drilled well installed in 2007 with a depth of 605 ft, est 2 US GPM yield, and water quality reports available.
Home facts
- Parking
- 10
- Property type
- Vacant Land
- Area
- Shawnigan
- Listed
- August 1, 2026
- PID
- 027-301-648
- Common interest
- Freehold
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
- $2,914
- Property tax
- $183/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,248
Purchase snapshot
- List price
- $614,900
- Down payment
- $122,980 (20%)
- Estimated mortgage
- $491,920
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
- $1,036 a month
- Gross yield
- 2.0%
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
- Extreme 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)
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Documents
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