Property Type: Detached HouseOwnership: Freehold

1435 Cherry Point Rd

Cowichan Bay, BC V0R1N2

$1,149,900

5 bed3 bath8 parking3,025 sqftBuilt 1982
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Property Details

Property & Lot

Sub-type
House
Lot size
2.12 acres
Zoning
Unknown

CR-1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,087.31

Interior

Heating
Baseboard heaters, Oil, Hot Water
Cooling / A/C
None
Fireplace
Yes (2)

Parking

Total spaces
8

Room Dimensions

RoomLevelDimensions
SunroomLower level10' x 15'
BedroomAdditional Accommodation14' x 9'
BedroomAdditional Accommodation12' x 12'
BathroomAdditional AccommodationX
KitchenAdditional Accommodation8' x 11'
Living roomAdditional Accommodation12' x 13'
Laundry roomLower level13' x 10'
Family roomLower level12' x 19'
PatioMain level27' x 24'
BedroomMain level9' x 10'
BedroomMain level9' x 10'
EnsuiteMain level3-Piece
Primary BedroomMain level12' x 14'
BathroomMain level4-Piece
KitchenMain level12' x 14'
Dining roomMain level12' x 10'
Living roomMain level15' x 19'

Listing Information

MLS®
1020641
Listed
May 14, 2026
Time on market
On the market for 109 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

Discover an exceptional opportunity with this versatile 2+ acre property—perfect for a hobby farm, multi-generational living, or future development. Located just minutes from the ocean, Cowichan Bay Village, and Cherry Point Marina, this sunny, peaceful acreage is surrounded by farms and small holdings for an authentic rural feel. The spacious home offers 5 bedrooms, 3 bathrooms, a family room with a wood stove, and an in-law suite with its own laundry—ideal for extended family or rental income. Features include a metal roof, Low-E thermopane windows, upgraded well and pump, a premium sewer treatment system, and a generous sundeck for outdoor living. A double garage adds convenience and storage. With CR-1 zoning and exciting cluster development potential, plus parkland at the rear ensuring lasting privacy, this property delivers flexibility rarely found. Whether you're dreaming of a farm stand, home-based business, or future subdivision, this is a must-see opportunity. (id:63159)

Values & Trends

This listing

$380/sqft

Building average

No other active listings in this building

Cowichan Bay average

$575/sqft

17 active listing(s)

Parking: 8 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 ElementaryElementary491 m
Sunrise Waldorf School(Independent)Elementary/Middle3.5 km
Ecole Cobble Hill ElementaryElementary4.2 km
Evergreen Independent School(Independent)Elementary4.7 km
Noorunissa Montessori Academy of Canada(Independent)Elementary7.2 km
George Bonner ElementaryElementary7.4 km
Queen of Angels School(Independent)Elementary/Middle7.9 km
Frances Kelsey SecondarySecondary8.1 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 (5+)

  • Lanes Road Park201 m
  • Waldy Road Park433 m
  • Lambourn Park479 m
  • Tom Bannister Park561 m
  • Longwood Ravine Park636 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($89,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$919,920.00
Periodic payment — Principal & Interest (monthly)$5,935.01
Additional monthly expenses (strata, tax, utilities, etc.)$324.94
Total monthly cost$6,259.95
Interest paid over 5-yr term$263,651.72
Balance at end of term$827,471.02

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$89,990
Stress test qualifying rate8.09%
Payment you must qualify for$8,150.34

Cash Needed at Closing

Minimum down payment$89,990
Estimated BC PTT$20,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$112,488

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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