Property Type: TownhouseOwnership: Strata

20 3242 Cowichan Lake Rd

Duncan, BC V9L4B9

$487,000

3 bed2 bath2 parking1,700 sqftBuilt 1997
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Lot size
1,097 square feet
Zoning
Multi-Family

R7

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$548/mo
Annual property tax
$3,144

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
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
BathroomLower level3-Piece
Family roomLower level10'7 x 19'3
Laundry roomLower level8'3 x 7'6
BedroomSecond level11'10 x 14'0
BathroomSecond level3-Piece
BedroomSecond level11'6 x 8'6
BedroomSecond level10'3 x 10'5
Dining roomMain level10'7 x 8'9
KitchenMain level10'7 x 10'7
Living roomMain level14'0 x 13'4

Listing Information

MLS®
1044201
Listed
July 30, 2026
Time on market
On the market for 32 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Island Living (PK) · Data source: CREA DDF.

Description

Lovely 'Timberline Grove' Townhome in West Duncan! Don't miss this bright, spacious, and well-maintained 3 Bed/2 Bath Townhome in pet-friendly 'Timberline Grove', offering the ideal blend of comfort and convenience. This nicely updated home offers a spacious, family-friendly layout, a fabulous lower-level flex space, a fully fenced backyard for kids and pets, and a superb location within a lovely complex with no age restrictions. A grocery store is just down the road, and you're only minutes from downtown shopping, restaurants, schools, the hospital, parks, and endless outdoor recreation. Step inside from the covered front porch to a bright open-concept main level with eng wood flooring, new blinds, a UV-screened window, and spacious Living, Dining, and Kitchen areas. The updated Kitchen offers refaced Shaker cabinetry, a new faucet, a butcher block rolling island, built-in microwave, and stainless appliances including a brand-new 'Frigidaire' dishwasher. The Dining Area opens to an east-facing deck overlooking a fully fenced backyard with new sod, rock landscaping, and mature evergreens. Upstairs, the Primary Bedroom features a walk-in closet, second closet, and cheater ensuite access to the 4-piece Bath. Two additional Bedrooms complete the level. The fully finished 555 sqft lower level with 8-foot ceilings includes a huge Family Room with backyard access, ideal as a media room, playroom, teen retreat, or guest space. An under-stair alcove provides room for a desk or storage, while a 3-piece Bath and Laundry Area complete this versatile level. Enjoy carefree living in well-maintained 'Timberline Grove' with reasonable strata fees, new roofs, and recently exterior repainting. Pet-friendly bylaws allow up to 3 cats and 2 dogs. The quiet family setting puts you just minutes to schools, transit, shopping, downtown Duncan, and Cowichan Commons. Visit our website for more info. (id:63159)

Values & Trends

This listing

$286/sqft

Building average

$282/sqft

1 active listing(s)

West Duncan average

$370/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 ElementaryElementary693 m
Drinkwater ElementaryElementary1.1 km
Queen Margaret's(Independent)K-121.1 km
Cowichan Valley Open Learning Co-OpSecondary1.3 km
Cowichan Open SchoolSecondary1.3 km
Tansor ElementaryElementary1.6 km
Khowhemun ElementaryElementary1.7 km
Quamichan SchoolSecondary2.9 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 Road411 m
  • Sundays Coffee and Provisions · 6114 Somenos Road445 m

Grocery (1)

  • Country Grocer · 3288 Cowichan Lake Road334 m

Parks (5+)

  • Rockridge Park76 m
  • Keystone Park279 m
  • Sherman Road Soccer Park457 m
  • Mayo Park584 m
  • Stonehaven Park585 m

Pharmacies (1)

  • The Medicine Shoppe · 3292 Cowichan Lake Road386 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Other Listings in This Building

Other units currently listed in the same building. 20 3242 Cowichan Lake Rd

View building profile →
Built 1997

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,350) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$389,600.00
Periodic payment — Principal & Interest (monthly)$2,513.57
Additional monthly expenses (strata, tax, utilities, etc.)$895.39
Total monthly cost$3,408.96
Interest paid over 5-yr term$111,660.48
Balance at end of term$350,446.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,350
Stress test qualifying rate8.09%
Payment you must qualify for$3,557.62

Cash Needed at Closing

Minimum down payment$24,350
Estimated BC PTT$7,740
Legal / closing costs (typical estimate)$1,500
Total cash needed$33,590

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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