Property Type: Mobile / ManufacturedOwnership: Leasehold

22 1540 Cowichan Bay Rd

Cowichan Bay, BC V0R1N1

$139,900

2 bed1 bath3 parking979 sqftBuilt 1972
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Property Details

Property & Lot

Sub-type
Manufactured Home
Zoning
Residential

R-1

Ownership & Fees

Property type
Mobile / Manufactured
Ownership
Leasehold
Strata / maintenance fee
$800/mo
Annual property tax
$1,049

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
None
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer

Exterior & Lot

Lot features
Park setting, Other

Parking

Total spaces
3

Restrictions & Policies

Pets
Allowed with restrictions

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

Room Dimensions

RoomLevelDimensions
EntranceMain level6'9 x 11'6
BedroomMain level8'0 x 11'5
Primary BedroomMain level10'9 x 11'10
Family roomMain level17'0 x 9'4
BathroomMain level8'7 x 6'10
KitchenMain level11'8 x 11'5
Living roomMain level11'12 x 13'10

Listing Information

MLS®
1042324
Listed
July 6, 2026
Time on market
On the market for 56 days
Data last synced
September 1, 2026

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

Description

Welcome to Four Ways Park near the heart of Cowichan Bay! This 2-bedroom, 1-bath home offers flexible living with a spacious bonus room that could easily serve as a third bedroom, family room, or home office. The open-concept layout creates a bright, inviting space, while the updated bathroom features a walk-in shower with a multi-head spray system. Stay comfortable year-round with an energy-efficient ductless heat pump for heating and cooling. Step outside to a generous west-facing deck, perfect for relaxing or entertaining, complete with a storage shed for tools and gardening equipment. Recent updates include a new hot water tank and dishwasher, plus parking for up to three vehicles. Four Ways Park is both pet and family friendly and is located in the desirable Bench School catchment. Enjoy nearby hiking trails, marinas, boating, kayaking, fishing, and easy commuting—just 45 minutes to Victoria or Nanaimo. Bring some renovating ideas to make this unit yours! (id:63159)

Values & Trends

This listing

$143/sqft

Building average

No other active listings in this building

Cowichan Bay average

$404/sqft

3 active listing(s)

Parking: 3 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

13°C

Humidity 92%

Wind SSW calm km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

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
Bench ElementaryElementary198 m
Sunrise Waldorf School(Independent)Elementary/Middle2.9 km
Ecole Cobble Hill ElementaryElementary4.5 km
Evergreen Independent School(Independent)Elementary4.9 km
Noorunissa Montessori Academy of Canada(Independent)Elementary6.6 km
Queen of Angels School(Independent)Elementary/Middle7.4 km
Des CascadesElementary7.8 km
Maple Bay ElementaryElementary7.8 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 (5+)

  • Waldy Road Park286 m
  • Longwood Ravine Park354 m
  • Kingscote Heritage Trail441 m
  • Longwood Road Park504 m
  • Lanes Road Park716 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($6,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$111,920.00
Periodic payment — Principal & Interest (monthly)$722.07
Additional monthly expenses (strata, tax, utilities, etc.)$936.42
Total monthly cost$1,658.49
Interest paid over 5-yr term$32,076.59
Balance at end of term$100,672.40

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$6,995
Stress test qualifying rate8.09%
Payment you must qualify for$1,021.99

Cash Needed at Closing

Minimum down payment$6,995
Estimated BC PTT$1,399
Legal / closing costs (typical estimate)$1,500
Total cash needed$9,894

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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