Property Type: DuplexOwnership: Strata

1 50 King George St N

Lake Cowichan, BC V0R2G1

$649,900

4 bed3 bath5 parking2,199 sqftBuilt 2023
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Property Details

Property & Lot

Sub-type
Duplex
Lot size
4,356 square feet
Zoning
Residential

R3

Ownership & Fees

Property type
Duplex
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$5,230.74

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
None

Exterior & Lot

View
City view

Parking

Total spaces
5

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
BathroomSecond level4-Piece
BathroomSecond level5-Piece
Laundry roomSecond level
BedroomSecond level
BedroomSecond level
Primary BedroomSecond level
BathroomMain level4-Piece
BedroomMain level
KitchenMain level
Dining roomMain level
Living roomMain level
PatioLower level
OtherLower level
OtherLower level
EntranceLower level

Listing Information

MLS®
1032002
Listed
April 14, 2026
Time on market
On the market for 139 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

Welcome to this spacious 4-bedroom, 3-bathroom duplex that feels just like a detached home, offering over 2,800 sq. ft. of thoughtfully designed living space. The main level features one well-sized bedroom, full bathroom, bright open-concept layout with a modern kitchen, stainless steel appliances, a large island, living room, dining room, and direct access to a covered deck—perfect for entertaining or relaxing year-round. Upstairs, you’ll find three generously sized bedrooms, including a serene primary suite with a walk-in closet and a luxurious 5-piece ensuite. This level also includes a full bathroom and a conveniently located laundry room. The lower floor includes over 600 sq. ft. of unfinished space with a separate entrance. It’s already roughed in for a suite, offering excellent potential for a mortgage helper, guest accommodation, or extended family living. Complete with a garage, a patio, and a versatile layout, this home is ideal for family or investors seeking flexibility and value in a well-connected neighbourhood. (id:63159)

Values & Trends

This listing

$296/sqft

Building average

No other active listings in this building

Lake Cowichan average

$379/sqft

3 active listing(s)

Parking: 5 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Duncan

14°C

Humidity 86%

Wind NNW calm km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

3,325

(2021 Census)

+3.1% since 2016

Density: 403.5/km²

Dwellings: 1,586

Median household income: $68,000

After-tax: $62,400

Immigrant population: 7.7%

Top countries of origin (% of total population)

  • United Kingdom3.2% · 105
  • United States of America0.9% · 30
  • Germany0.6% · 20
  • South Africa, Republic of0.5% · 15
  • India0.5% · 15
  • Poland0.3% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

44

6/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Lake Cowichan SecondaryElementary397 m
Lake Cowichan ElementaryElementary397 m
Palsson ElementaryElementary570 m
Tansor ElementaryElementary22.3 km
Ecole Mount Prevost ElementaryElementary23.7 km
Drinkwater ElementaryElementary24.3 km
Ladysmith SecondarySecondary24.8 km
Queen Margaret's(Independent)K-1224.9 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (4)

  • Shaker Mill · 72 Cowichan Lake Road335 m
  • Jake's at the Lake · 109 South Shore Road351 m
  • Lakeside Sushi · 78 Cowichan Lake Road351 m
  • J&V Diner · 162 South Shore Road360 m

Cafes (3)

  • River Cafe · 56 South Shore Road234 m
  • Ed's Coffee House · 67 South Shore Road298 m
  • Tim Hortons334 m

Grocery (1)

  • Country Grocer · 83 Cowichan Lake Road439 m

Parks (5+)

  • Central Park234 m
  • Ts'uubaa-asatx Square244 m
  • Forest Workers Memorial Park263 m
  • Unnamed273 m
  • Ohtaki Park296 m

Shopping (1)

  • Fields240 m

Pharmacies (1)

  • Island Pharmacy · 138 South Shore Road320 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($39,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$519,920.00
Periodic payment — Principal & Interest (monthly)$3,354.35
Additional monthly expenses (strata, tax, utilities, etc.)$545.90
Total monthly cost$3,900.24
Interest paid over 5-yr term$149,010.57
Balance at end of term$467,669.72

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$39,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,689.99

Cash Needed at Closing

Minimum down payment$39,990
Estimated BC PTT$10,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,488

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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