689 Shawnigan Lake Rd, Shawnigan Lake BC V0R2L0 Photo 1 689 Shawnigan Lake Rd, Shawnigan Lake BC V0R2L0 Photo 2 689 Shawnigan Lake Rd, Shawnigan Lake BC V0R2L0 Photo 3 689 Shawnigan Lake Rd, Shawnigan Lake BC V0R2L0 Photo 4 689 Shawnigan Lake Rd, Shawnigan Lake BC V0R2L0 Photo 5 689 Shawnigan Lake Rd, Shawnigan Lake BC V0R2L0 Photo 6 689 Shawnigan Lake Rd, Shawnigan Lake BC V0R2L0 Photo 7 689 Shawnigan Lake Rd, Shawnigan Lake BC V0R2L0 Photo 8 689 Shawnigan Lake Rd, Shawnigan Lake BC V0R2L0 Photo 9 689 Shawnigan Lake Rd, Shawnigan Lake BC V0R2L0 Photo 10 689 Shawnigan Lake Rd, Shawnigan Lake BC V0R2L0 Photo 11

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689 Shawnigan Lake Rd - This is an excellent opportunity to purchase a 40 acre piece of land in the popular Shawnigan Lake area of Victoria. This land can be a lot of things. Currently it is zoned F1 which allows for the 2 homes that are now on the property, But you could easily rezone the property to I1 which allows for the land to be sub-divided into 2 acre parcels. Imagine 19 -2 acre fenced storage lots that you rent out for 500.00 a month, people can store a lot of things in a fenced 2 acre storage area. 500 a month x 19 lots is 9,500 a month in revenue. Your taxes are only 6,000 annually. 9,500 a month x 12 months = 114,000.00 a year Currently this property is set up with an in-law suite or rental suite.

Property Details

  • ID: 364009
  • Baths: 5 (Full: 5 3/4: 0 1/2: 0 Other: 0)
  • Fireplaces: 1
  • Lot Area: 40.00 Acres
  • Style: Other
  • Status: Active
  • New Construction: No
  • County: Canada
  • Beds: 6
  • Storeys: 0
  • Living Area: 3,900

Features

Other Fireplace Present - True
Transaction Type For sale
Zoning Type Residential
Listed By Pemberton Holmes - Cloverdale