Property Type: Land / LotOwnership: Freehold

167 River Rd

Lake Cowichan, BC V0R2G0

$185,000

0 bed0 bath6 parking
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Property Details

Property & Lot

Lot size
16,038 square feet
Zoning
Residential

R3

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,478

Interior

Fireplace
None

Exterior & Lot

View
Lake view, River view, View, Valley view

Parking

Total spaces
6 — uncovered indicated
Features
Open

Listing Information

MLS®
1007542
Listed
July 15, 2025
Time on market
On the market for 412 days
Data last synced
August 28, 2026

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

Description

Nestle yourself in the trees overlooking the beautiful little settlement of Lake Cowichan. Witness the lazy heritage Cowichan River as it meanders its way through the heart of the town. This lot is a good size for a home and outbuildings and should be easy to create maximum privacy. Wonderful sunrises stretch down the Cowichan Valley to greet you in the morning. It never gets old! Two blocks from ‘the Duck Pond’, a local beach where many have learned to swim, and three blocks from the public boat launch, which allows you access to all the wonderful things Cowichan Lake has to offer. The town is conveniently located 20 min from most of the big box stores in Duncan, 45 min to world class fishing in Port Renfrew and just over an hour to Victoria. Just far enough off the beaten track to give you that peaceful feeling of coming home. (id:63159)

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
Lake Cowichan ElementaryElementary673 m
Lake Cowichan SecondaryElementary673 m
Palsson ElementaryElementary768 m
Tansor ElementaryElementary22.9 km
Ecole Mount Prevost ElementaryElementary24.3 km
Drinkwater ElementaryElementary24.9 km
Ladysmith SecondarySecondary25.0 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 (3)

  • Jake's at the Lake · 109 South Shore Road391 m
  • J&V Diner · 162 South Shore Road605 m
  • Shaker Mill · 72 Cowichan Lake Road791 m

Cafes (3)

  • Ed's Coffee House · 67 South Shore Road347 m
  • Tim Hortons668 m
  • River Cafe · 56 South Shore Road684 m

Parks (5+)

  • Riverside Park234 m
  • Ohtaki Park343 m
  • Forest Workers Memorial Park383 m
  • Ts'uubaa-asatx Square406 m
  • Saywell Park447 m

Shopping (1)

  • Fields450 m

Pharmacies (1)

  • Island Pharmacy · 138 South Shore Road495 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($9,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$148,000.00
Periodic payment — Principal & Interest (monthly)$954.85
Additional monthly expenses (strata, tax, utilities, etc.)$123.17
Total monthly cost$1,078.01
Interest paid over 5-yr term$42,417.23
Balance at end of term$133,126.48

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$9,250
Stress test qualifying rate8.09%
Payment you must qualify for$1,351.46

Cash Needed at Closing

Minimum down payment$9,250
Estimated BC PTT$1,850
Legal / closing costs (typical estimate)$1,500
Total cash needed$12,600

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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