Property Type: DuplexOwnership: StrataNEW LISTING

167 Elk Rd

Lake Cowichan, BC V0R2G0

$699,900

3 bed3 bath3 parking1,844 sqftBuilt 2026
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Property Details

Property & Lot

Sub-type
Duplex
Lot size
8,600 square feet
Zoning
Residential

Ownership & Fees

Property type
Duplex
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$2,319.08

Interior

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

Building

Parcel ID (PID)
032-098-561

Parking

Total spaces
3 — covered indicated
Features
Garage

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
BathroomSecond level
BedroomSecond level
BedroomSecond level
EnsuiteSecond level
Primary BedroomSecond level
BathroomMain level
Living room/Dining roomMain level
KitchenMain level
EntranceMain level

Listing Information

MLS®
1048558
Listed
September 3, 2026
Time on market
On the market for 4 days
Data last synced
September 3, 2026

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

Description

Welcome to this brand new, custom built duplex in the heart of Lake Cowichan complete with warm designer finishes, expansive living & dining space, welcoming entrance & wooded backyard. The main level of the home has an impressive entry way with built in bench & shelving unit leading to a stunning kitchen area with an abundance of extra storage. The living & dining area looks out to a peaceful, private back yard area enclosed with mature trees. The upper level has 3 bedrooms including an envious primary bedroom with a walk-in closet and spa like ensuite. This beautiful new home is located just 5 minutes from the town of Lake Cowichan and 20 minutes to Duncan. Incredible value in an ideal, west coast lake town. Have peace of mind knowing your buying from a reputable local builder with a solid 2-5-10 home warranty. (id:63159)

Values & Trends

This listing

$380/sqft

Building average

No other active listings in this building

Lake Cowichan average

$358/sqft

4 active listing(s)

Parking: 3 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

15°C

Humidity 82%

Wind ENE calm km/h

Tonight

14°

Monday

20°

Monday night

12°

Tuesday

22°

Tuesday night

13°

Wednesday

22°

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

22

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
Lake Cowichan ElementaryElementary903 m
Lake Cowichan SecondaryElementary903 m
Palsson ElementaryElementary926 m
Tansor ElementaryElementary23.2 km
Ecole Mount Prevost ElementaryElementary24.5 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 (1)

  • Jake's at the Lake · 109 South Shore Road631 m

Cafes (1)

  • Ed's Coffee House · 67 South Shore Road594 m

Parks (5+)

  • Riverside Park469 m
  • Ohtaki Park589 m
  • Forest Workers Memorial Park629 m
  • Ts'uubaa-asatx Square653 m
  • Saywell Park668 m

Shopping (1)

  • Fields680 m

Pharmacies (1)

  • Island Pharmacy · 138 South Shore Road733 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,920.00
Periodic payment — Principal & Interest (monthly)$3,612.41
Additional monthly expenses (strata, tax, utilities, etc.)$285.26
Total monthly cost$3,897.67
Interest paid over 5-yr term$160,474.68
Balance at end of term$503,649.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,036.03

Cash Needed at Closing

Minimum down payment$44,990
Estimated BC PTT$11,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,488

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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