Property Type: Condo / ApartmentOwnership: Strata

29 8631 South Shore Rd

Lake Cowichan, BC V0R2G0

$249,900

2 bed1 bath2 parkingBuilt 2009
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Property Details

Property & Lot

Sub-type
Recreational
Lot size
10.92 acres
Zoning
Rural residential

C-4

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$342/mo
Annual property tax
$35,274

Interior

Heating
Forced air
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
Lake view
Waterfront
Waterfront on lake

Parking

Total spaces
2 — uncovered indicated
Features
Stall

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
KitchenMain level
BedroomMain level
BathroomMain level3-Piece
BedroomMain level

Listing Information

MLS®
1045097
Listed
August 5, 2026
Time on market
On the market for 26 days
Data last synced
August 28, 2026

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

Description

Welcome to your perfect lakeside escape at Beaver Lake Resort, where ownership of a 1/50th cooperative share gives you a slice of paradise and full access to this sought-after recreational community. Unit 29 is a cozy, well-appointed retreat nestled against private forested land, offering peace, privacy, and immediate access to the tranquil waterfront just steps away. Spend your summers paddle boarding, kayaking, or simply soaking up the sun at the resort’s sandy beach—all on a quiet, non-motorized lake that prioritizes relaxation and nature. Included with the unit is a 2009 Outback RV trailer that’s ideal for comfortable, family-friendly getaways. The trailer features a primary bedroom area and bunk beds, making it a great setup for both adults and kids. It sits under a solid metal roof structure, providing extra shelter and durability throughout the seasons. A spacious concrete pad is perfect for outdoor dining or entertaining, and a separate storage shed gives you space for all your gear. The surrounding area has been thoughtfully arranged for privacy and outdoor enjoyment, whether you're lounging in the shade or hosting friends around the fire pit. Beaver Lake Resort is open year-round and offers a variety of amenities including laundry and shower facilities, a clubhouse and games room, a playground, a dock, and a picturesque beach. Whether you're looking for a weekend retreat or a home base for outdoor adventures, Unit 29 combines comfort, community, and natural beauty in one unforgettable package. (id:63159)

Values & Trends

This listing

Building average

$592/sqft

4 active listing(s)

Lake Cowichan average

$601/sqft

14 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

14°C

Humidity 86%

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

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.

Nearby Schools

SchoolTypeDistance
Lake Cowichan ElementaryElementary2.3 km
Lake Cowichan SecondaryElementary2.3 km
Palsson ElementaryElementary3.1 km
Tansor ElementaryElementary24.3 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.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($12,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$199,920.00
Periodic payment — Principal & Interest (monthly)$1,289.82
Additional monthly expenses (strata, tax, utilities, etc.)$3,281.17
Total monthly cost$4,570.99
Interest paid over 5-yr term$57,297.65
Balance at end of term$179,828.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$12,495
Stress test qualifying rate8.09%
Payment you must qualify for$1,825.56

Cash Needed at Closing

Minimum down payment$12,495
Estimated BC PTT$2,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$16,993

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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