Property Type: Condo / ApartmentOwnership: Strata

109 3251 Cowichan Lake Rd

Duncan, BC V9L4B8

$299,000

2 bed1 bath1 parking769 sqftBuilt 1981
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$425/mo
Annual property tax
$1,743

Interior

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

Parking

Total spaces
1

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 level8'10 x 11'10
StorageMain level4'5 x 4'5
Primary BedroomMain level11'3 x 9'6
Living roomMain level11'1 x 13'4
KitchenMain level7'5 x 7'1
EntranceMain level6'9 x 3'11
Dining roomMain level7'5 x 9'0
BedroomMain level9'4 x 9'5
BathroomMain level4-Piece

Listing Information

MLS®
1040519
Listed
June 16, 2026
Time on market
On the market for 76 days
Data last synced
August 28, 2026

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

Description

Completely renovated and move-in ready, this ground-floor 2-bedroom condo offers exceptional value with the added convenience of wheelchair accessibility. Perfect for first-time buyers, down-sizers, or investors, this turnkey home has been thoughtfully updated with brand-new flooring, fresh paint throughout, modern light fixtures, new baseboard heaters, refreshed trim and baseboards, new sinks, and an updated shower head. The functional layout features a spacious living area, an ample kitchen, and a generously sized bathroom designed for comfortable everyday living. Enjoy the bonus storage space and a private, fenced patio—ideal for your morning coffee or evening relaxation. With all the hard work already done, this fresh and stylish condo is ready for its next owner or tenant. Conveniently located close to shopping, transit, and everyday amenities, this is an outstanding opportunity to own a move-in-ready home or add a low-maintenance property to your investment portfolio. (id:63159)

Values & Trends

This listing

$389/sqft

Building average

No other active listings in this building

West Duncan average

$359/sqft

18 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

15°C

Humidity 82%

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

5,047

(2021 Census)

+2.1% since 2016

Density: 2,450/km²

Dwellings: 2,620

Median household income: $53,200

After-tax: $49,600

Immigrant population: 11%

Top countries of origin (% of total population)

  • United Kingdom2.8% · 140
  • United States of America1.4% · 70
  • Germany1.1% · 55
  • Netherlands0.9% · 45
  • Philippines0.6% · 30
  • India0.4% · 20
  • Mexico0.3% · 15
  • Hungary0.2% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

30

4/9 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
Ecole Mount Prevost ElementaryElementary553 m
Drinkwater ElementaryElementary940 m
Queen Margaret's(Independent)K-121.1 km
Cowichan Valley Open Learning Co-OpSecondary1.3 km
Cowichan Open SchoolSecondary1.3 km
Tansor ElementaryElementary1.5 km
Khowhemun ElementaryElementary1.7 km
Quamichan SchoolSecondary2.9 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

Cafes (2)

  • Tim Hortons · 3320 Cowichan Lake Road325 m
  • Sundays Coffee and Provisions · 6114 Somenos Road340 m

Grocery (1)

  • Country Grocer · 3288 Cowichan Lake Road272 m

Parks (5+)

  • Rockridge Park208 m
  • Sherman Road Soccer Park314 m
  • Keystone Park338 m
  • Stonehaven Park626 m
  • Mayo Park645 m

Pharmacies (1)

  • The Medicine Shoppe · 3292 Cowichan Lake Road321 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

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.)$608.25
Total monthly cost$2,151.49
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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