Property Type: Detached HouseOwnership: Freehold

1231 Sutherland Dr

Cowichan Bay, BC V0R1N2

$2,999,000

5 bed4 bath6 parking6,298 sqftBuilt 2000
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Property Details

Property & Lot

Sub-type
House
Lot size
2.38 acres
Zoning
Residential

R-2

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$12,910

Interior

Heating
Heat Pump, Forced air, Electric
Cooling / A/C
Air Conditioned
Fireplace
Yes (3)

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
KitchenAdditional Accommodation13'2 x 7'7
Dining roomAdditional Accommodation7'3 x 9'3
BedroomAdditional Accommodation13'10 x 17'7
BathroomAdditional AccommodationX
Living roomAdditional Accommodation11'5 x 17'9
PorchMain level7'6 x 25'10
PatioMain level31'7 x 10'8
BathroomLower level4-Piece
BedroomLower level37'6 x 17'6
Sitting roomLower level12'1 x 24'10
OfficeLower level7'9 x 11'2
MediaLower level34'8 x 10'10
BalconySecond level22'1 x 12'11
EnsuiteSecond level5-Piece
Primary BedroomSecond level32'5 x 30'5
PatioMain level15'3 x 16'9
PorchMain level6'4 x 10'7
BathroomMain level3-Piece
BedroomMain level20'10 x 12'5
BedroomMain level12'9 x 12'6
EntranceMain level27'4 x 8'10
Living roomMain level26'7 x 17'7
SunroomMain level25'1 x 12'4
BalconyMain level14'9 x 12'2
Dining roomMain level14'8 x 16'1
Dining nookMain level12'3 x 7'1
KitchenMain level12'5 x 12'11
PorchMain level5'2 x 16'11

Listing Information

MLS®
1043636
Listed
July 18, 2026
Time on market
On the market for 45 days
Data last synced
August 28, 2026

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

Description

Private 2.38-acre oceanfront property with approx 330 feet of low-bank shoreline, a self-contained suite, and one of the largest usable waterfront parcels available in the area. Set at the end of a private drive in Cherry Point, this property offers a rare combination of privacy, usable acreage, and accessible waterfront. The mostly level land stretches to the water's edge, with open lawns, mature landscaping, and plenty of space for family gatherings, recreation, or simply enjoying the setting. The home is designed for comfortable day-to-day living while also accommodating larger gatherings. Generous principal rooms, abundant natural light, and water views from many of the main living areas create a welcoming and functional space throughout. The spacious primary suite offers a private retreat within the home, complete with a sitting area and beautiful ocean views. A detached three-car garage with a self-contained ocean-view suite above adds exceptional flexibility for extended family, guests, a home office, or future rental income. The separate accommodation enhances the property's versatility and, together with the overall layout, makes it well-suited to multi-generational living. Located just minutes from Cowichan Bay Village and marina, you'll enjoy convenient access to local shops, restaurants, boating, and everyday amenities while still enjoying the privacy and tranquility of waterfront living. Properties offering this combination of acreage, privacy, low-bank waterfront, and flexibility rarely become available. Whether you're seeking a waterfront family home, a multi-generational property, or a long-term investment with income potential, this property presents a unique opportunity in one of Vancouver Island's most desirable coastal communities. (id:63159)

Values & Trends

This listing

$476/sqft

Building average

No other active listings in this building

Cowichan Bay average

$569/sqft

17 active listing(s)

Parking: 6 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

7

1/9 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 ElementaryElementary1.4 km
Sunrise Waldorf School(Independent)Elementary/Middle4.5 km
Ecole Cobble Hill ElementaryElementary4.6 km
Evergreen Independent School(Independent)Elementary5.3 km
George Bonner ElementaryElementary7.7 km
Noorunissa Montessori Academy of Canada(Independent)Elementary7.9 km
Maple Bay ElementaryElementary8.0 km
Queen of Angels School(Independent)Elementary/Middle8.1 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

Parks (4)

  • Sutherland Park Trail270 m
  • Tom Bannister Park444 m
  • Lambourn Park536 m
  • Bomford Trail559 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($599,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,399,200.00
Periodic payment — Principal & Interest (monthly)$15,478.82
Additional monthly expenses (strata, tax, utilities, etc.)$1,390.83
Total monthly cost$16,869.66
Interest paid over 5-yr term$687,617.62
Balance at end of term$2,158,088.16

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$599,800
Stress test qualifying rate8.09%
Payment you must qualify for$18,449.01

Cash Needed at Closing

Minimum down payment$599,800
Estimated BC PTT$67,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$669,270

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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