Property Type: Detached HouseOwnership: Freehold

171 MacDonald Rd

Lake Cowichan, BC V0R2G0

$655,000

3 bed1 bath2 parking1,616 sqftBuilt 1948
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Property Details

Property & Lot

Sub-type
House
Lot size
7,000 square feet
Zoning
Residential

R1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,000

Interior

Heating
Heat Pump, Electric
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view

Parking

Total spaces
2

Room Dimensions

RoomLevelDimensions
Family roomMain level11'4 x 16'6
KitchenMain level9'4 x 13'2
Dining roomMain level7'8 x 15'1
Living roomMain level13'1 x 11'4
Primary BedroomMain level11'2 x 15'7
BedroomMain level9'4 x 9'8
BedroomMain level7'8 x 11'0
BathroomMain level10'1

Listing Information

MLS®
1046537
Listed
August 11, 2026
Time on market
On the market for 20 days
Data last synced
August 28, 2026

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

Description

This property is one of the best locations in town close to everything. This thoughtfully renovated while preserving the charm and character of the original home, this property offers a wonderful blend of timeless appeal and modern updates. The spacious primary bedroom features a walk-in closet, bay window. The main bathroom has been completely updated,. The fully fenced lot provides excellent outdoor space while also appealing to gardener in you while having your own backyard oasis. 450 sq ft of covered decks area that offers seclusion as well as comfort. New plumbing from the street and all through the house. New energy efficient windows. New ductless heat pump providing heat as well as air conditioning. Built in Vacuum (id:63159)

Values & Trends

This listing

$405/sqft

Building average

No other active listings in this building

Lake Cowichan average

$495/sqft

34 active listing(s)

Parking: 2 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

30

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 ElementaryElementary337 m
Lake Cowichan SecondaryElementary1.2 km
Lake Cowichan ElementaryElementary1.2 km
Tansor ElementaryElementary22.0 km
Ecole Mount Prevost ElementaryElementary23.4 km
Ladysmith SecondarySecondary24.0 km
Drinkwater ElementaryElementary24.0 km
Ladysmith PrimaryElementary24.1 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

Restaurants (2)

  • Lakeside Sushi · 78 Cowichan Lake Road473 m
  • Shaker Mill · 72 Cowichan Lake Road488 m

Cafes (2)

  • Tim Hortons511 m
  • River Cafe · 56 South Shore Road587 m

Grocery (1)

  • Country Grocer · 83 Cowichan Lake Road381 m

Parks (5+)

  • Greendale Park286 m
  • Unnamed592 m
  • Central Park593 m
  • Unnamed603 m
  • Winter Park723 m

Shopping (1)

  • Fields757 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($40,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$524,000.00
Periodic payment — Principal & Interest (monthly)$3,380.67
Additional monthly expenses (strata, tax, utilities, etc.)$331.00
Total monthly cost$3,711.67
Interest paid over 5-yr term$150,179.91
Balance at end of term$471,339.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$40,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,725.29

Cash Needed at Closing

Minimum down payment$40,500
Estimated BC PTT$11,100
Legal / closing costs (typical estimate)$1,500
Total cash needed$53,100

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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