Property Type: Detached HouseOwnership: Freehold

2052 Ernest Lane

Duncan, BC V9L5R4

$998,000

4 bed4 bath5 parking2,555 sqftBuilt 2022
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Property Details

Property & Lot

Sub-type
House
Lot size
8,276 square feet
Zoning
Residential

CD12

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,935.81

Interior

Heating
Heat Pump, Forced air, Electric
Cooling / A/C
Central air conditioning, None, Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
5 — covered indicated
Features
Garage

Room Dimensions

RoomLevelDimensions
BedroomSecond level11'4 x 13'10
BedroomSecond level10'8
BathroomSecond level5-Piece
Primary BedroomSecond level13'9
EnsuiteSecond level4-Piece
PatioLower level
Living roomLower level14'7 x 13'3
Dining nookLower level6'3 x 12'3
KitchenLower level10'9
BathroomLower level4-Piece
BedroomLower level9'4
Utility roomLower level
EntranceMain level9'6
BathroomMain level2-Piece
Living roomMain level16'4
Dining roomMain level
KitchenMain level9'9
Dining nookMain level9'9 x 9'3

Listing Information

MLS®
1044855
Listed
August 17, 2026
Time on market
On the market for 14 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada (Vic2) · Data source: CREA DDF.

Description

Superb home in a fantastic family-friendly neighbourhood! Located in the highly desirable Parkwalk subdivision at Maple Bay, this beautifully maintained 4-year-old home offers a perfect blend of style, space, functionality, & income potential. With 2,555 sq. ft. of finished living space, this 3-storey residence sits on a fully landscaped 0.19-acre lot that backs onto green space, offering excellent privacy & a peaceful natural setting. The main level features an open-concept design with 9’ ceilings, wide plank engineered hardwood flooring, and a cozy natural gas fireplace. The spacious kitchen includes a large island with seating, full pantry, top-quality LG appliances including a natural gas range, and abundant cupboard and counter space. A 2-piece powder room adds convenience. Step through the sliding glass doors to a 26’ x 10’ covered deck with a natural gas BBQ hookup—perfect for year-round outdoor living. Upstairs are three well-sized bedrooms, a 5-piece shared bath, laundry area, and linen closet. The large primary bedroom offers a relaxing retreat with a 4-piece ensuite and a walk-in closet. A legal 1-bedroom suite on the lower level is ideal as a mortgage helper, in-law suite, or extended family space. It includes a full kitchen with nook, living area, 4-piece bath, & brand-new LG appliances—ready for rental or personal use. The extra-long garage provides space for a workshop & features 100 sq. ft. of overhead shelving plus a 240V EV plug. There's also RV parking & a foundation in place for a future shed or workshop. The front yard & hanging baskets are on an automatic irrigation system, and the yard is designed to be low-maintenance & easy care. Located just a 2-minute walk from Maple Bay Elementary School, sports fields, and pickleball/tennis courts, and a short drive to Maple Bay beaches, marinas, and downtown Duncan. Home warranty in place until 2032. A turn-key property in one of the Cowichan Valley’s most sought-after neighbourhoods! (id:63159)

Values & Trends

This listing

$391/sqft

Building average

No other active listings in this building

East Duncan average

$470/sqft

72 active listing(s)

Parking: 5 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

11

1/9 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
Maple Bay ElementaryElementary131 m
Queen of Angels School(Independent)Elementary/Middle3.1 km
Alex AitkenElementary4.0 km
Alexander ElementaryElementary4.1 km
Duncan Christian School(Independent)K-124.2 km
Quamichan SchoolSecondary4.3 km
Des CascadesElementary4.8 km
Cowichan Open SchoolSecondary5.8 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

Parks (3)

  • Properties Park175 m
  • Trumpeter Pointe Park761 m
  • Abbey Park786 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($74,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$798,400.00
Periodic payment — Principal & Interest (monthly)$5,151.01
Additional monthly expenses (strata, tax, utilities, etc.)$622.65
Total monthly cost$5,773.66
Interest paid over 5-yr term$228,823.74
Balance at end of term$718,163.38

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$74,800
Stress test qualifying rate8.09%
Payment you must qualify for$7,099.08

Cash Needed at Closing

Minimum down payment$74,800
Estimated BC PTT$17,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$94,260

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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