Property Type: Detached HouseOwnership: Freehold

135 Macdonald Rd

Lake Cowichan, BC V0R2G0

$589,900

2 bed1 bath7 parking1,051 sqftBuilt 1993
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Property Details

Property & Lot

Sub-type
House
Lot size
7,405 square feet
Zoning
Residential

R-3

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,794

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
Mountain view

Parking

Total spaces
7

Room Dimensions

RoomLevelDimensions
EntranceMain level9'11 x 5'0
BathroomMain level4-Piece
Primary BedroomMain level12'11 x 13'11
BedroomMain level10'0 x 9'11
Living roomMain level15'6 x 12'4
KitchenMain level9'11 x 18'10

Listing Information

MLS®
1044170
Listed
July 31, 2026
Time on market
On the market for 32 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Generation (LC) · Data source: CREA DDF.

Description

Nestled on a quiet no-through setting just off the main road, this charming 1,050 sqft rancher offers the perfect blend of privacy, convenience, and easy one-level living. Whether you're looking for your first home, downsizing, or searching for a comfortable place to raise a young family, this property checks all the boxes. Inside, you'll find a bright living room, functional kitchen with stainless steel appliances, dining area, two bedrooms, a 4-piece bathroom, and in-home laundry, all thoughtfully laid out on one level. The wood stove has been removed and replaced with an efficient heat pump, providing year-round comfort with economical heating in the winter and air conditioning in the summer. Situated on a partially fenced 0.17-acre lot, the outdoor space offers plenty of room to enjoy with a private front yard, gazebo, storage shed, ample parking, and an attached garage currently set up as a workshop—ideal for hobbyists, DIY enthusiasts, or additional storage. Located in the heart of Lake Cowichan, you'll love the walkable lifestyle this home offers. Just steps to convenience stores, a short stroll to the grocery store, schools, restaurants, local shops, and the post office, everything you need is within easy reach. Spend your weekends enjoying the world-famous Cowichan River, nearby parks, beaches, and an extensive network of hiking and biking trails. With an easy commute to Duncan and central Vancouver Island, this welcoming community offers the perfect balance of small-town charm and outdoor adventure. (id:63159)

Values & Trends

This listing

$561/sqft

Building average

No other active listings in this building

Lake Cowichan average

$490/sqft

34 active listing(s)

Parking: 7 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

37

5/9 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 ElementaryElementary302 m
Lake Cowichan SecondaryElementary1.1 km
Lake Cowichan ElementaryElementary1.1 km
Tansor ElementaryElementary22.0 km
Ecole Mount Prevost ElementaryElementary23.4 km
Drinkwater ElementaryElementary23.9 km
Ladysmith SecondarySecondary24.1 km
Ladysmith PrimaryElementary24.2 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 (2)

  • Lakeside Sushi · 78 Cowichan Lake Road354 m
  • Shaker Mill · 72 Cowichan Lake Road371 m

Cafes (2)

  • Tim Hortons419 m
  • River Cafe · 56 South Shore Road479 m

Grocery (1)

  • Country Grocer · 83 Cowichan Lake Road269 m

Parks (5+)

  • Greendale Park175 m
  • Central Park474 m
  • Dashwood Park697 m
  • Unnamed717 m
  • Unnamed737 m

Shopping (1)

  • Fields672 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($33,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$471,920.00
Periodic payment — Principal & Interest (monthly)$3,044.67
Additional monthly expenses (strata, tax, utilities, etc.)$369.17
Total monthly cost$3,413.83
Interest paid over 5-yr term$135,253.63
Balance at end of term$424,493.57

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$33,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,274.75

Cash Needed at Closing

Minimum down payment$33,990
Estimated BC PTT$9,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$45,288

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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