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687-689 Shawnigan Lake Rd
ML Shawnigan Shawnigan Lake V0R 2L0

$4,999,999
Residential beds: 4 baths: 2.0 2,500 sq. ft. built: 2005

Main Photo: 687-689 Shawnigan Lake Rd in Shawnigan Lake: ML Shawnigan Single Family Residence for sale (Malahat & Area)  : MLS®# 978257
Photo 1: 687-689 Shawnigan Lake Rd in Shawnigan Lake: ML Shawnigan Single Family Residence for sale (Malahat & Area)  : MLS®# 978257
Photo 2: 687-689 Shawnigan Lake Rd in Shawnigan Lake: ML Shawnigan Single Family Residence for sale (Malahat & Area)  : MLS®# 978257
Photo 3: 687-689 Shawnigan Lake Rd in Shawnigan Lake: ML Shawnigan Single Family Residence for sale (Malahat & Area)  : MLS®# 978257
Photo 4: 687-689 Shawnigan Lake Rd in Shawnigan Lake: ML Shawnigan Single Family Residence for sale (Malahat & Area)  : MLS®# 978257
Photo 5: 687-689 Shawnigan Lake Rd in Shawnigan Lake: ML Shawnigan Single Family Residence for sale (Malahat & Area)  : MLS®# 978257
Status:
Active
Prop. Type:
Residential
MLS® Num:
978257
Bedrooms:
4
Bathrooms:
2
Year Built:
2005
Prime 40-Acre Investment Opportunity in Shawnigan Lake! Discover the potential of this rare 40-acre property in a high-demand area surrounded by light industrial zoned properties. Generating approximately $15,000 per month in revenue, this property offers a unique investment opportunity. With 20 acres of flat land and 20 acres of elevated terrain, the possibilities are endless. The site is ideally located just 2 minutes off the highway, providing excellent accessibility for industrial operations. Dual driveways allow for convenient entry and exit, making it a perfect choice for industrial use. Properties of this size and versatility are a rare find in the Shawnigan Lake area. Don’t miss out on this incredible opportunity!
Property Type:
Residential
Type:
Single Family Residence
Year built:
2005 (Age: 19)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
2,500 sq. ft.
Listing General Location:
ML Shawnigan, Malahat & Area
Bedrooms:
4
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
40 acre(s)
Kitchens:
1
Taxes:
Construction:
Wood
New Construction:
No
Basement:
None
Foundation:
Concrete Perimeter
Roof:
Asphalt Rolled, Asphalt Shingle
Ceiling Heights:
Floor finish:
Carpet, Hardwood, Tile
Total Building Area:
2,500 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
1
# Second Level Bedrooms:
3
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
1
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
1,300 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
1,200 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
1
Fireplace Details:
Family Room, Wood Burning Stove
Laundry Features:
In House
Water supply:
Well: Drilled
Sewer:
Septic System
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
Yes
Pending Date:
Dishwasher, F/S/W/D
Breakfast Nook, Ceiling Fan(s), Dining Room, Eating Area, French Doors, Jetted Tub
Screens
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
2nd Floor
2nd Floor
2nd Floor
Floor
Ensuite
Pieces
Other
Main Floor
2nd Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Duncan Rural (765)
Legal Description:
Zoning:
F1
Accessibility:
Ground Level Main Floor
MHR Number:
63288
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
2
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Resale
Exposure / Faces:
West
Layout:
Main Level Entry with Upper Level(s)
Attached Garage:
No
Carport Spaces:
1
Garage Spaces:
0
Garage:
No
Parking Features:
Additional Parking, Carport, Driveway
Total Parking Spaces:
10
Total Units:
Date Listed:
Oct 09, 2024
Original Price:
4999999.0
  • Photo 1: 687-689 Shawnigan Lake Rd in Shawnigan Lake: ML Shawnigan Single Family Residence for sale (Malahat & Area)  : MLS®# 978257
    Photo 1 of 5
  • Photo 2: 687-689 Shawnigan Lake Rd in Shawnigan Lake: ML Shawnigan Single Family Residence for sale (Malahat & Area)  : MLS®# 978257
    Photo 2 of 5
  • Photo 3: 687-689 Shawnigan Lake Rd in Shawnigan Lake: ML Shawnigan Single Family Residence for sale (Malahat & Area)  : MLS®# 978257
    Photo 3 of 5
  • Photo 4: 687-689 Shawnigan Lake Rd in Shawnigan Lake: ML Shawnigan Single Family Residence for sale (Malahat & Area)  : MLS®# 978257
    Photo 4 of 5
  • Photo 5: 687-689 Shawnigan Lake Rd in Shawnigan Lake: ML Shawnigan Single Family Residence for sale (Malahat & Area)  : MLS®# 978257
    Photo 5 of 5
Listed by eXp Realty
Data was last updated November 14, 2024 at 06:05 PM (UTC)
Area Statistics
Listings on market:
70
Avg list price:
$869,900
Min list price:
$199,999
Max list price:
$4,999,999
Avg days on market:
69
Min days on market:
2
Max days on market:
364
Avg price per sq.ft.:
$497.01
These statistics are generated based on the current listing's property type and located in ML Shawnigan. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.