Property Type: Condo / ApartmentOwnership: Strata

3 232 North Shore Rd

Lake Cowichan, BC V0R2G0

$499,900

2 bed1 bath1 parking542 sqftBuilt 2020
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Property Details

Property & Lot

Sub-type
House
Lot size
1,479 square feet
Zoning
Commercial

C 3

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$125/mo
Annual property tax
$2,288

Interior

Heating
Heat Pump, Electric
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Lake view, Mountain view
Waterfront
Waterfront on lake

Building

Parcel ID (PID)
016-328-825

Parking

Total spaces
1 — uncovered indicated
Features
Other

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
Laundry roomMain level
BathroomMain level3-Piece
BedroomMain level
Primary BedroomMain level
Living roomMain level
KitchenMain level

Listing Information

MLS®
1043735
Listed
July 24, 2026
Time on market
On the market for 39 days
Data last synced
August 30, 2026

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

Description

Your Own Slice of ALL SEASON PARADISE at Cowichan Lake—Without the Million-Dollar Price Tag. Discover one of the area's best-kept secrets at this unique 10-unit bare land strata offering titled ownership on the shores of Cowichan Lake with the convenience of municipal water and sewer. Whether you're searching for the perfect recreational getaway or a low-maintenance lakeside retreat, this property checks all the boxes. This lot features a beautifully maintained 2020 CSA-certified park model lake home with vaulted ceilings, two bedrooms with built-in beds and clever storage, a stunning kitchen with full-sized appliances, and a heated, lake views and a well-lit crawl space for added functionality. Step outside to enjoy the covered patio and stamped concrete outdoor living space, perfect for relaxing after a day on the lake. Owners enjoy shared access to a swim beach, fire pit area, private dock with moorage, and the convenience of the public boat launch right next door. Your own covered, fenced storage area provides the perfect place to keep your boat and lake toys secure between adventures. Best of all, you're just a short walk to the heart of Lake Cowichan, where you'll find restaurants, cafés, shopping, parks, and everything this vibrant lakeside community has to offer. A rare opportunity to own titled lakefront recreation with all the conveniences of town—just bring your paddleboard and start making memories. (id:63159)

Values & Trends

This listing

$922/sqft

Building average

No other active listings in this building

Lake Cowichan average

$576/sqft

13 active listing(s)

Parking: 1 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

33

5/9 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
Lake Cowichan ElementaryElementary576 m
Lake Cowichan SecondaryElementary576 m
Palsson ElementaryElementary980 m
Tansor ElementaryElementary23.0 km
Ecole Mount Prevost ElementaryElementary24.4 km
Drinkwater ElementaryElementary25.0 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

Restaurants (2)

  • Jake's at the Lake · 109 South Shore Road361 m
  • J&V Diner · 162 South Shore Road522 m

Cafes (1)

  • Ed's Coffee House · 67 South Shore Road415 m

Parks (5+)

  • Saywell Park340 m
  • Riverside Park402 m
  • Beaver Creek Rhododendron Park405 m
  • Ohtaki Park429 m
  • Forest Workers Memorial Park446 m

Shopping (1)

  • Fields587 m

Pharmacies (1)

  • Island Pharmacy · 138 South Shore Road443 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$399,920.00
Periodic payment — Principal & Interest (monthly)$2,580.15
Additional monthly expenses (strata, tax, utilities, etc.)$342.67
Total monthly cost$2,922.81
Interest paid over 5-yr term$114,618.22
Balance at end of term$359,729.33

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,995
Stress test qualifying rate8.09%
Payment you must qualify for$3,651.85

Cash Needed at Closing

Minimum down payment$24,995
Estimated BC PTT$7,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,493

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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