Property Type: TownhouseOwnership: Strata

18 3271 Cowichan Lake Rd

Duncan, BC V9L4C1

$425,000

3 bed1 bath2 parking1,117 sqftBuilt 1971
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Lot size
1,150 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$454/mo
Annual property tax
$2,314

Interior

Heating
Heat Pump
Cooling / A/C
Wall unit, Air Conditioned
Fireplace
None

Parking

Total spaces
2

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
BedroomSecond level10'4 x 10'2
BedroomSecond level10'1 x 14'1
Primary BedroomSecond level10'1 x 11'11
BathroomSecond level6'8 x 7'5
Living roomMain level19'5 x 14'1
KitchenMain level16'5 x 11'9

Listing Information

MLS®
1040781
Listed
July 15, 2026
Time on market
On the market for 47 days
Data last synced
August 28, 2026

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

Description

Move right in and enjoy exceptional value in this beautifully renovated 3-bedroom townhome, perfectly suited for first-time buyers, young families, or savvy investors. Set within a family-friendly, pet-friendly community, this bright and inviting home offers the perfect blend of comfort, style, and affordability. The updated kitchen features generous cabinetry and workspace, flowing into an inviting living area with direct access to a private, fully fenced patio—ideal for children, pets, gardening, or summer BBQs. Upstairs you'll find three spacious bedrooms and an updated 4-piece bathroom. Stay comfortable year-round with the new heat pump, while the affordable strata fee includes landscaping, hot water, and water for exceptional monthly value. Two parking stalls complete the package. Located directly across from Berkey's Corner Shopping Centre and minutes to schools, parks, transit, and all amenities, this move-in-ready home offers an outstanding lifestyle in a convenient location. (id:63159)

Values & Trends

This listing

$380/sqft

Building average

No other active listings in this building

West Duncan average

$364/sqft

16 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

15°C

Humidity 82%

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

5,047

(2021 Census)

+2.1% since 2016

Density: 2,450/km²

Dwellings: 2,620

Median household income: $53,200

After-tax: $49,600

Immigrant population: 11%

Top countries of origin (% of total population)

  • United Kingdom2.8% · 140
  • United States of America1.4% · 70
  • Germany1.1% · 55
  • Netherlands0.9% · 45
  • Philippines0.6% · 30
  • India0.4% · 20
  • Mexico0.3% · 15
  • Hungary0.2% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

33

4/9 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
Ecole Mount Prevost ElementaryElementary518 m
Drinkwater ElementaryElementary969 m
Queen Margaret's(Independent)K-121.2 km
Tansor ElementaryElementary1.4 km
Cowichan Valley Open Learning Co-OpSecondary1.4 km
Cowichan Open SchoolSecondary1.4 km
Khowhemun ElementaryElementary1.8 km
Quamichan SchoolSecondary3.0 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

Cafes (2)

  • Tim Hortons · 3320 Cowichan Lake Road235 m
  • Sundays Coffee and Provisions · 6114 Somenos Road260 m

Grocery (1)

  • Country Grocer · 3288 Cowichan Lake Road177 m

Parks (5+)

  • Rockridge Park222 m
  • Sherman Road Soccer Park291 m
  • Keystone Park426 m
  • Marsh Road Park670 m
  • Stonehaven Park719 m

Pharmacies (1)

  • The Medicine Shoppe · 3292 Cowichan Lake Road226 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$340,000.00
Periodic payment — Principal & Interest (monthly)$2,193.56
Additional monthly expenses (strata, tax, utilities, etc.)$702.65
Total monthly cost$2,896.22
Interest paid over 5-yr term$97,444.98
Balance at end of term$305,831.10

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,250
Stress test qualifying rate8.09%
Payment you must qualify for$3,104.70

Cash Needed at Closing

Minimum down payment$21,250
Estimated BC PTT$6,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$29,250

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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