Property Type: Detached HouseOwnership: FreeholdNEW LISTING

10545 Cypress Rd

Youbou, BC V0R3E1

$525,000

2 bed1 bath1 parking1,005 sqftBuilt 1972
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Property Details

Property & Lot

Sub-type
House
Lot size
10,019 square feet
Zoning
Residential

R3

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,217.15

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Lake view

Parking

Total spaces
1 — covered indicated
Features
Carport

Room Dimensions

RoomLevelDimensions
StorageLower level22'7
Primary BedroomMain level10'8 x 10'4
Living roomMain level22'11 x 16'8
KitchenMain level23'1 x 13'8
BedroomMain level9'7 x 10'7
BathroomMain level4-Piece

Listing Information

MLS®
1048009
Listed
August 28, 2026
Time on market
On the market for 3 days
Data last synced
August 28, 2026

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

Description

Welcome to this charming 2-bedroom home located on a quiet no-through road in sunny Youbou. The main floor features parquet flooring, along with new wallpaper and feature wall. The fully renovated 4-piece bathroom offers a beautiful freestanding tub and separate stand-up shower. The kitchen is functional and inviting, while the huge living room is highlighted by a large picture window showcasing spectacular views of Cowichan Lake. A new woodstove adds warmth and comfort to the space. The unfinished basement provides plenty of storage and includes a workshop, with potential to develop a suite or additional living space. Outside, the terraced lot features rock retaining walls and established garden beds. A 2,000-litre rainwater storage system provides water for outdoor gardening, and the back deck is complete with a sauna, perfect for relaxing and enjoying the peaceful surroundings. A great opportunity to own a comfortable home in beautiful Youbou with lake views and plenty of potential. (id:63159)

Values & Trends

This listing

$522/sqft

Building average

No other active listings in this building

Youbou average

$459/sqft

14 active listing(s)

Parking: 1 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: Nanaimo

Partly Cloudy

13°C

Partly Cloudy

Humidity 88%

Wind WSW 2 km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Palsson ElementaryElementary12.5 km
Lake Cowichan ElementaryElementary12.6 km
Lake Cowichan SecondaryElementary12.6 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.

School district: Cowichan (SD79)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.2% ($27,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$420,000.00
Periodic payment — Principal & Interest (monthly)$2,709.70
Additional monthly expenses (strata, tax, utilities, etc.)$234.76
Total monthly cost$2,944.46
Interest paid over 5-yr term$120,373.21
Balance at end of term$377,791.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,825.60

Cash Needed at Closing

Minimum down payment$27,500
Estimated BC PTT$8,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,500

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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