Property Type: Condo / ApartmentOwnership: Strata

101 1838 COWICHAN BAY Rd

Cowichan Bay, BC V0R1N1

$489,000

1 bed1 bath2 parking792 sqftBuilt 2015
Get Directions

Property Details

Property & Lot

Sub-type
Apartment
Zoning
Multi-Family

MU 2

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$266/mo
Annual property tax
$1,850

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
2

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
PatioMain level13'1 x 5'8
BathroomMain level4-Piece
Primary BedroomMain level13'11 x 12'0
Living roomMain level14'0 x 10'11
Dining roomMain level8'11 x 12'0
KitchenMain level9'7 x 10'10
EntranceMain level7'8 x 4'9

Listing Information

MLS®
1042452
Listed
July 8, 2026
Time on market
On the market for 55 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Island Properties (DU) · Data source: CREA DDF.

Description

Ocean AND Mountain views can all be yours at The Cannery! This 1 bedroom ground floor ocean facing unit has been rennovated from top to bottom. This semi ocean front home is across the road from an ocean side park and walking distance to the marinas, boutiques and restaurants of historic Cowichan Bay. With extra large windows, there is heaps of natural light coming through this condo. New hardwood hickory flooring thorughout the open plan area, new lighting & custom window treatments that move at the touch of a button, the living here is EASY. Kitchen has been fully rennovated with new stainless steel appliances, new countertops, new back splash & sink & taps. Custom built walnut storage cabinet in living room plus new cabinetry in dining room for storage . Brand new carpeting in bedroom. Bathroom has new vanity with storage. Go to the patio to enjoy a sunset bbq with ocean & mountain views. Secure parking spot in garage plus one parking spot outside. Storage locker too- perfect for the kayaks and bicycle . A professionally managed strata with a lovley community vibe. Guest suite for overnight guests. Come Live the Dream! (id:63159)

Values & Trends

This listing

$617/sqft

Building average

No other active listings in this building

The Cannery average

No comparable active listings

Parking: 2 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

26

3/9 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
Bench ElementaryElementary2.0 km
Sunrise Waldorf School(Independent)Elementary/Middle2.6 km
Noorunissa Montessori Academy of Canada(Independent)Elementary5.0 km
Queen of Angels School(Independent)Elementary/Middle5.6 km
Des CascadesElementary6.0 km
Ecole Cobble Hill ElementaryElementary6.1 km
Maple Bay ElementaryElementary6.3 km
Duncan Christian School(Independent)K-126.3 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 (3)

  • The Vine394 m
  • Rock Cod Cafe450 m
  • The Masthead666 m

Cafes (1)

  • The Udder Guys378 m

Parks (5+)

  • Cannery Trail56 m
  • Cowichan Bay Boat Launch100 m
  • Hecate Park106 m
  • Cowichan Bay Marine Gateway220 m
  • Pritchard Road Trail354 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$391,200.00
Periodic payment — Principal & Interest (monthly)$2,523.89
Additional monthly expenses (strata, tax, utilities, etc.)$460.17
Total monthly cost$2,984.06
Interest paid over 5-yr term$112,119.04
Balance at end of term$351,885.67

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,450
Stress test qualifying rate8.09%
Payment you must qualify for$3,572.23

Cash Needed at Closing

Minimum down payment$24,450
Estimated BC PTT$7,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$33,730

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.

Request more information