Property Type: TriplexOwnership: Strata

112 Elk Rd

Lake Cowichan, BC V0R2G0

$599,000

3 bed3 bath2 parking1,460 sqftBuilt 2026
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Property Details

Property & Lot

Sub-type
Triplex
Lot size
1,733 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Triplex
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$2,482

Interior

Heating
Heat Pump, Electric
Cooling / A/C
Fully air conditioned
Fireplace
None

Exterior & Lot

View
Mountain view

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
BathroomSecond level4-Piece
BedroomSecond level9'5 x 11'1
BedroomSecond level9'5 x 11'1
EnsuiteSecond level3-Piece
Primary BedroomSecond level12'6 x 12'4
PatioMain level16'0 x 10'0
BathroomMain level2-Piece
KitchenMain level9'9 x 12'10
Dining roomMain level10'2 x 14'4
Living roomMain level14'1 x 14'3
EntranceMain level7'7 x 6'3

Listing Information

MLS®
1040421
Listed
June 25, 2026
Time on market
On the market for 67 days
Data last synced
August 28, 2026

Listing provided by: D.F.H. Real Estate Ltd. (CwnBy) · Data source: CREA DDF.

Description

Brand new 3-bedroom, 3-bathroom home offering modern comfort, quality construction, and exceptional value. Designed for easy living, this thoughtfully laid-out home includes a full appliance package and an energy-efficient Fujitsu ducted heat pump for year-round comfort. The fully landscaped property is move-in ready, allowing you to simply unpack and enjoy. The home is complete with an over-height crawlspace for additional convenient storage. Backing onto peaceful greenspace with seasonal water, the setting provides privacy and a tranquil natural backdrop rarely found in new construction. Ideally located close to village amenities, shops, services, and recreation, this home offers the perfect balance of convenience and serenity. Whether you're a first-time buyer, growing family, or downsizer seeking low-maintenance living, this attractive new home is ready to welcome you. (id:63159)

Values & Trends

This listing

$410/sqft

Building average

No other active listings in this building

Lake Cowichan average

$341/sqft

3 active listing(s)

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.

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

26

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 ElementaryElementary626 m
Lake Cowichan SecondaryElementary945 m
Lake Cowichan ElementaryElementary945 m
Tansor ElementaryElementary22.9 km
Ecole Mount Prevost ElementaryElementary24.3 km
Ladysmith SecondarySecondary24.7 km
Ladysmith PrimaryElementary24.8 km
Drinkwater ElementaryElementary24.9 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 (3)

  • Jake's at the Lake · 109 South Shore Road661 m
  • Shaker Mill · 72 Cowichan Lake Road779 m
  • Lakeside Sushi · 78 Cowichan Lake Road788 m

Cafes (3)

  • Ed's Coffee House · 67 South Shore Road556 m
  • Tim Hortons640 m
  • River Cafe · 56 South Shore Road708 m

Grocery (1)

  • Country Grocer · 83 Cowichan Lake Road777 m

Parks (5+)

  • Riverside Park393 m
  • Ohtaki Park535 m
  • Forest Workers Memorial Park582 m
  • Ts'uubaa-asatx Square607 m
  • Saywell Park749 m

Shopping (1)

  • Fields534 m

Pharmacies (1)

  • Island Pharmacy · 138 South Shore Road759 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,200.00
Periodic payment — Principal & Interest (monthly)$3,091.64
Additional monthly expenses (strata, tax, utilities, etc.)$279.83
Total monthly cost$3,371.47
Interest paid over 5-yr term$137,340.10
Balance at end of term$431,041.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,337.73

Cash Needed at Closing

Minimum down payment$34,900
Estimated BC PTT$9,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,380

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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