Property Type: Detached HouseOwnership: Freehold

236 Grants Lake Rd

Lake Cowichan, BC V0R2G0

$675,000

5 bed2 bath2 parking2,365 sqftBuilt 1992
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Property Details

Property & Lot

Sub-type
House
Lot size
7,405 square feet
Zoning
Residential

R1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,647.14

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
None

Exterior & Lot

View
Mountain view

Parking

Total spaces
2

Room Dimensions

RoomLevelDimensions
StorageLower level16'1 x 13'1
BathroomMain level4-Piece
EnsuiteMain level3-Piece
Laundry roomMain level7'1 x 5'3
Family roomLower level13'7 x 18'2
BedroomLower level12'9 x 13'1
BedroomLower level14'6 x 11'11
BedroomLower level14'6 x 12'7
BedroomMain level9'9 x 9'10
Primary BedroomMain level12'9 x 21'9
KitchenMain level10'5 x 14'4
Dining roomMain level7'7 x 7'4
Living roomMain level16'7
EntranceMain level3'10 x 6'7

Listing Information

MLS®
1031368
Listed
April 8, 2026
Time on market
On the market for 145 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Nanaimo Realty (NanIsHwyN) · Data source: CREA DDF.

Description

Live where summer feels like a vacation! Tucked away on a quiet street in the heart of Lake Cowichan, this spacious 5-bedroom, 2-bathroom home is just a short walk from schools, shops, trails and the lake. The bright, welcoming main level features hardwood floors, a generous living and dining area, a functional kitchen, two bedrooms, with the option to convert back to three, a full bathroom, laundry and convenient garage access. Downstairs offers exceptional flexibility with three additional bedrooms, a large rec room and a separate entrance. It’s an ideal setup for teens, extended family or guests, with potential to add a suite for rental income or multi-generational living (buyer to verify with the Town of Lake Cowichan). Outside, the sunny, fully fenced 0.17-acre yard offers plenty of room for kids, pets and gardening, with low-maintenance landscaping that leaves more time to enjoy the lake. The impressive 436 sq ft garage, with ceilings nearly 12 feet high, provides excellent space for a workshop, storage and all your summer toys. Lake Cowichan is known for its beautiful, clean lake and relaxed community atmosphere. Spend sunny days swimming, boating, paddling or at the beach, float the Cowichan River, explore nearby trails, and enjoy local events and summer concerts. With plenty of space, flexible living options and year-round recreation just minutes away, this is a home where lake living and summertime fun come naturally. (id:63159)

Values & Trends

This listing

$285/sqft

Building average

No other active listings in this building

Lake Cowichan average

$498/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

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.

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

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
Palsson ElementaryElementary1.1 km
Lake Cowichan ElementaryElementary1.2 km
Lake Cowichan SecondaryElementary1.2 km
Tansor ElementaryElementary21.3 km
Ecole Mount Prevost ElementaryElementary22.7 km
Drinkwater ElementaryElementary23.3 km
Queen Margaret's(Independent)K-1223.9 km
Ladysmith SecondarySecondary24.1 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

Parks (4)

  • Dashwood Park245 m
  • Sahtlam Park561 m
  • Greendale Park658 m
  • AB Greenwell738 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 6.3% ($42,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$540,000.00
Periodic payment — Principal & Interest (monthly)$3,483.90
Additional monthly expenses (strata, tax, utilities, etc.)$505.26
Total monthly cost$3,989.16
Interest paid over 5-yr term$154,765.55
Balance at end of term$485,731.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$42,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,863.70

Cash Needed at Closing

Minimum down payment$42,500
Estimated BC PTT$11,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$55,500

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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