Property Type: Detached HouseOwnership: Freehold

160 Cowichan Lake Rd

Lake Cowichan, BC V0R2G0

$889,000

3 bed3 bath10 parking2,760 sqftBuilt 1964
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Property Details

Property & Lot

Sub-type
House
Lot size
18,731 square feet
Zoning
Residential

R-3

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,977.48

Interior

Heating
Heat Pump, Baseboard heaters, Wood
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
Mountain view, River view, View
Waterfront
Waterfront on river

Parking

Total spaces
10

Room Dimensions

RoomLevelDimensions
OtherAdditional Accommodation7'4 x 9'5
Dining roomLower level5'11 x 9'9
Living roomLower level13'8
Living roomMain level12'7 x 10'10
BathroomLower level4-Piece
BathroomMain level4-Piece
BedroomLower level13'5
Family roomLower level10'5 x 15'5
Recreation roomLower level13'6
Laundry roomLower level10'1 x 9'6
KitchenAdditional Accommodation9'9 x 10'10
BedroomMain level11'1 x 11'1
BathroomMain level4-Piece
BedroomMain level19'1 x 11'6
Dining roomMain level10'4 x 7'11
Living roomMain level21'1 x 11'7
KitchenMain level10'2 x 10'3

Listing Information

MLS®
1037783
Listed
May 22, 2026
Time on market
On the market for 101 days
Data last synced
August 28, 2026

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

Description

Enjoy 100 feet of pristine riverfront and perfectly situated in downtown Lake Cowichan. Set on a spacious 0.43-acre lot, this home offers stunning river and mountain views, with ample room to accommodate RV parking or just enjoy your large fenced property on the river. The property includes a self-contained 1-bedroom suite with a separate hydro meter—ideal for guests, extended family, or potential rental income. The main residence features 2 bedrooms, 2 bathrooms, and a flexible layout with space to easily create a third bedroom. Both kitchens have been fully renovated with custom cabinetry and brand-new countertops, while extensive updates throughout the home include new windows, flooring, drywall, electrical, and plumbing. A rare opportunity to own a move-in ready riverfront property with income potential, privacy, and unbeatable views—all within walking distance to the amenities of downtown Lake Cowichan. (id:63159)

Values & Trends

This listing

$322/sqft

Building average

No other active listings in this building

Lake Cowichan average

$497/sqft

34 active listing(s)

Parking: 10 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

41

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 ElementaryElementary314 m
Lake Cowichan SecondaryElementary945 m
Lake Cowichan ElementaryElementary945 m
Tansor ElementaryElementary22.0 km
Ecole Mount Prevost ElementaryElementary23.4 km
Drinkwater ElementaryElementary24.0 km
Ladysmith SecondarySecondary24.2 km
Ladysmith PrimaryElementary24.3 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 Road205 m
  • Shaker Mill · 72 Cowichan Lake Road222 m

Cafes (3)

  • Tim Hortons315 m
  • River Cafe · 56 South Shore Road340 m
  • Ed's Coffee House · 67 South Shore Road747 m

Grocery (1)

  • Country Grocer · 83 Cowichan Lake Road148 m

Parks (5+)

  • Greendale Park167 m
  • Central Park317 m
  • Dashwood Park567 m
  • Sahtlam Park571 m
  • Unnamed698 m

Shopping (1)

  • Fields562 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($63,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$711,200.00
Periodic payment — Principal & Interest (monthly)$4,588.42
Additional monthly expenses (strata, tax, utilities, etc.)$636.12
Total monthly cost$5,224.54
Interest paid over 5-yr term$203,831.96
Balance at end of term$639,726.70

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$63,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,344.73

Cash Needed at Closing

Minimum down payment$63,900
Estimated BC PTT$15,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$81,180

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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