Property Type: Condo / ApartmentOwnership: Strata

103 40 Stanley Rd

Lake Cowichan, BC V0R2G0

$299,000

1 bed1 bath20 parking884 sqftBuilt 1995
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Commercial

C1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$270/mo
Annual property tax
$2,263

Interior

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

Exterior & Lot

View
Mountain view, River view, View

Parking

Total spaces
20 — uncovered indicated
Features
Open

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
BathroomMain level7'4 x 9'6
BalconyMain level3'9 x 28'7
DenMain level12'9 x 9'11
Primary BedroomMain level15'8 x 12'11
Laundry roomMain level9'3
KitchenMain level9'3 x 8'9
Great roomMain level25'2

Listing Information

MLS®
1034983
Listed
May 8, 2026
Time on market
On the market for 115 days
Data last synced
August 28, 2026

Listing provided by: Pemberton Holmes Ltd. (Lk Cow) · Data source: CREA DDF.

Description

Fully updated & move-in ready, this 1-bedroom plus den, 1-bath condo offers effortless living in the heart of Lake Cowichan—perfect for an active single or couple seeking a low-maintenance lifestyle. The bright, open layout maximizes space & functionality, while the versatile den provides the ideal spot for a home office, guest space, or hobby room. Step out to the balcony & take in views overlooking Central Park & the Cowichan River & the location is perfect, within walking distance to local shops, restaurants, services, recreation & Cowichan Lake. In-suite laundry & shared storage adds extra practicality & convenience & the building allows long-term rentals, making this an excellent option for both homeowners & investors. If you’re looking for comfortable, turn-key living with nature & amenities right at your doorstep, this condo is a must-see! (id:63159)

Values & Trends

This listing

$338/sqft

Building average

No other active listings in this building

Lake Cowichan average

$621/sqft

13 active listing(s)

Parking: 20 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

13°C

Humidity 92%

Wind SSW 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

56

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
Palsson ElementaryElementary324 m
Lake Cowichan ElementaryElementary712 m
Lake Cowichan SecondaryElementary712 m
Tansor ElementaryElementary22.2 km
Ecole Mount Prevost ElementaryElementary23.5 km
Drinkwater ElementaryElementary24.1 km
Ladysmith SecondarySecondary24.4 km
Ladysmith PrimaryElementary24.5 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 Road21 m
  • Lakeside Sushi · 78 Cowichan Lake Road36 m
  • Jake's at the Lake · 109 South Shore Road624 m
  • J&V Diner · 162 South Shore Road675 m

Cafes (3)

  • River Cafe · 56 South Shore Road108 m
  • Tim Hortons146 m
  • Ed's Coffee House · 67 South Shore Road518 m

Grocery (1)

  • Country Grocer · 83 Cowichan Lake Road129 m

Parks (5+)

  • Central Park84 m
  • Greendale Park398 m
  • Sahtlam Park478 m
  • Ts'uubaa-asatx Square487 m
  • Forest Workers Memorial Park493 m

Shopping (1)

  • Fields344 m

Pharmacies (1)

  • Island Pharmacy · 138 South Shore Road621 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($14,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$239,200.00
Periodic payment — Principal & Interest (monthly)$1,543.24
Additional monthly expenses (strata, tax, utilities, etc.)$502.58
Total monthly cost$2,045.82
Interest paid over 5-yr term$68,555.41
Balance at end of term$215,161.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,184.25

Cash Needed at Closing

Minimum down payment$14,950
Estimated BC PTT$3,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,430

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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