About this home

Lot 8 is a 4.99 acre lot with spectacular views over Finlayson Arm, the City of Victoria and ocean mountains beyond. Power and high-speed internet are available at the road, providing modern convenience in a peaceful natural setting. Nearby Wrigglesworth Lake Regional Park and the Trans Canada Trail offer exceptional opportunities for hiking, biking, and outdoor recreation. With a drilled well and driveway already installed, much of the groundwork is complete.

Home facts

Parking: 8
Property type: Vacant Land
Area: Shawnigan
Listed: June 12, 2026
PID: 031-079-253
Common interest: Freehold

Highlights

Ocean view
Mountain view
City view

Features and inclusions

Lot: Acreage, Park setting, Other

Rooms and building

Water
Zoning: Unknown

Listed by Century 21 Harbour Realty Ltd. Last updated Jun 12, 2026, 2:50 PM.

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: $3,067
Property tax: $192/mo
Home insurance: $150/mo
Estimated monthly total: $3,408

Purchase snapshot

List price: $647,000
Down payment: $129,400 (20%)
Estimated mortgage: $517,600

Estimates only. They leave out utilities, upkeep and closing costs.

Stress test this mortgage

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: 1.9%

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.

Rent vs mortgage at $1,036

Neighbourhood

Open the map

Walk to The Market Store1h 52m

Bike to Langford Transit Exchange39 min

Walk to Langford Transit Exchange2h 9m

Drive to downtown Vancouver3h 41m

Estimated travel times. Map data © OpenStreetMap contributors.

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)

Most listed

Condo / Apartment · 42%

Who lives here

Documents

Pick the records you want. Ray Rasouli will email what the listing brokerage shares.

Property disclosure statementReview seller-disclosed conditions and known defects.
Title searchReview registered ownership, charges, easements, and covenants.
Inspection reportsReview available property-condition findings.
Zoning and land-use recordsReview permitted uses and development constraints.
Survey or site planReview boundaries, structures, and encroachments.
Well and water-quality recordsReview water source, testing, and maintenance information.
Septic recordsReview system permits, servicing, and condition information.

Availability is not guaranteed. Review documents with a professional.

About this home