Property Type: TownhouseOwnership: Strata

29 3242 Cowichan Lake Rd

Duncan, BC V9L4B9

$479,900

3 bed2 bath2 parking1,704 sqftBuilt 1997
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Zoning
Residential

R7

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$549/mo
Annual property tax
$3,149

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
None
Appliances
Refrigerator, Range - Electric, Dishwasher, Dryer

Exterior & Lot

View
Mountain view

Building

Parcel ID (PID)
023-771-488

Parking

Total spaces
2 — covered indicated
Features
Carport

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
BathroomSecond level4-Piece
BedroomSecond level
BedroomSecond level
Primary BedroomSecond level
Living roomMain level
Dining roomMain level
KitchenMain level
EntranceLower level
Laundry roomLower level
BathroomLower level3-Piece
OfficeLower level
Family roomLower level

Listing Information

MLS®
1036762
Listed
June 3, 2026
Time on market
On the market for 89 days
Data last synced
August 31, 2026

Listing provided by: RE/MAX Generation (LC) · Data source: CREA DDF.

Description

Affordable, family-friendly living in a fantastic Duncan location! This well-maintained 3-storey townhouse offers a functional layout, fenced backyard, and plenty of space for growing families or first-time buyers. The entry level features a versatile family room that could easily serve as a fourth bedroom, complete with a 3-piece bathroom and walkout access to the private backyard with gazebo, perfect for relaxing or entertaining. Upstairs, the bright main level offers open-concept living with an eat-in kitchen and living room, enhanced by newer flooring and plenty of natural light. The upper floor features three bedrooms and a 4-piece bathroom, including a spacious primary bedroom with a walk-in closet and convenient cheater access to the main bath. Outside, enjoy a covered carport with parking for two vehicles and a fully fenced yard ideal for kids and pets. Located in a mature, family-oriented townhouse community, you're just minutes from grocery stores, coffee shops, schools, the soccer centre, ball fields, and extensive hiking and walking trails. Downtown Duncan and all amenities are only a short drive away. An excellent opportunity to get into the market and enjoy affordable homeownership in a convenient, sought-after location. (id:63159)

Values & Trends

This listing

$282/sqft

Building average

$286/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 ElementaryElementary630 m
Drinkwater ElementaryElementary996 m
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 Road384 m
  • Sundays Coffee and Provisions · 6114 Somenos Road407 m

Grocery (1)

  • Country Grocer · 3288 Cowichan Lake Road319 m

Parks (5+)

  • Rockridge Park150 m
  • Keystone Park278 m
  • Sherman Road Soccer Park391 m
  • Stonehaven Park577 m
  • Mayo Park588 m

Pharmacies (1)

  • The Medicine Shoppe · 3292 Cowichan Lake Road370 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Other Listings in This Building

Other units currently listed in the same building. 29 3242 Cowichan Lake Rd

View building profile →
Built 1997

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$383,920.00
Periodic payment — Principal & Interest (monthly)$2,476.92
Additional monthly expenses (strata, tax, utilities, etc.)$896.42
Total monthly cost$3,373.34
Interest paid over 5-yr term$110,032.58
Balance at end of term$345,337.28

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,995
Stress test qualifying rate8.09%
Payment you must qualify for$3,505.75

Cash Needed at Closing

Minimum down payment$23,995
Estimated BC PTT$7,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$33,093

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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