1466 Mahon Road, Shawnigan Shawnigan Lake
Price
$1,050,000
Bedrooms2 Beds
Bathrooms2 Baths
Size1964 sqft
Year Built1993
Property TypeDetached Home
Property Taxes$4,148
Description
Lakeview Retreat with Development Potential on Shawnigan’s Southwest Shore Just 80m from the lake, this updated two-story home sits on a 0.254-acre lot with an adjoining 0.127-acre undeveloped parcel—ideal for future build, resale, or privacy. Enjoy panoramic lake and mountain views from a 580 sq. ft. covered deck and a 370 sq. ft. patio. The main home offers 3 beds, 1 bath, vaulted ceilings, and a wood stove insert upstairs; plus a separate 1-bed, 1-bath suite below with its own entry and heat pump. Proven short-term rental history and option to purchase furnished. Modern upgrades include a metal roof (2021), heat pump (2022), deep well, and new septic pump. The fully fenced terraced garden features mature fruit trees and multiple outbuildings. Two public lake accesses are just a 1-min walk away. 35 mins to Victoria or Duncan. A rare opportunity for families, investors, or anyone seeking a lakeside lifestyle with long-term value. Perfect for families, investors, or nature lovers. (id:39198)
Listed By
The listing brokerage and/or agent is One Percent Realty Ltd.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Property Dimensions
The Property Location
Mortgage Calculator
$
$
%
$
$
Total Monthly Payment
$4,118 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$840,000
Total Interest Payments
$517,912
Total Payment (Principal + Interest)
$1,357,912
Cashflow Calculator
$
$
$
$
$
$
Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Comber Friesen Group
Realtors
Related Properties
Meet Alex & Georgia
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Locations We Serve
Cowichan Valley
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.