- Active
LOT A Royce Road
Shawnigan Lake · Vacant Land
Listed by Coldwell Banker Oceanside Real Estate · MLS® 1040252
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Sign inAbout this home
Discover the perfect canvas for your dream home in one of Shawnigan Lake's most sought-after neighbourhoods. This 1.2-acre lot sits on a quiet cul-de-sac at the end of Royce Road, an established area known for executive homes and private acreages. A charming winding driveway draws you into the property with an immediate sense of arrival and privacy. The lot is cleared and gently sloped — ready for your building plans — with water, power and natural gas already at the lot line, saving you time and cost from the outset. One side of the property borders a park, ensuring lasting privacy and a natural green buffer that neighbours can never change. Just a short walk brings you to the beautiful shores of Shawnigan Lake and the amenities of the village. Commuters will appreciate the easy 40-minute drive to Victoria — true lake community living without sacrificing city access. No GST applicable. Opportunities like this in Shawnigan Lake don't last — bring your builder and your vision.
Home facts
- Parking
- 10
- Property type
- Vacant Land
- Area
- Shawnigan
- Listed
- June 12, 2026
- PID
- 032-830-882
- Common interest
- Freehold
Features and inclusions
- Lot
- Acreage, Central location, Cul-de-sac, Partially cleared, Other
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
- $2,839
- Property tax
- $175/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,164
Purchase snapshot
- List price
- $599,000
- Down payment
- $119,800 (20%)
- Estimated mortgage
- $479,200
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
- $840 a month
- Gross yield
- 1.7%
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 · 64%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
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