Property Type: Condo / ApartmentOwnership: Strata

30 8631 South Shore Rd

Lake Cowichan, BC V0R2G0

$120,000

0 bed0 bath2 parking190 sqftBuilt 2001
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Property Details

Property & Lot

Sub-type
Recreational
Lot size
3,049 square feet
Zoning
Commercial

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$362/mo
Annual property tax
$35,274.25

Interior

Heating
Wood
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

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
StorageMain level
Living roomMain level

Listing Information

MLS®
1036555
Listed
May 12, 2026
Time on market
On the market for 111 days
Data last synced
August 28, 2026

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

Description

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Values & Trends

This listing

$632/sqft

Building average

$579/sqft

3 active listing(s)

Lake Cowichan average

$598/sqft

13 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)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($6,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$96,000.00
Periodic payment — Principal & Interest (monthly)$619.36
Additional monthly expenses (strata, tax, utilities, etc.)$3,311.19
Total monthly cost$3,930.55
Interest paid over 5-yr term$27,513.88
Balance at end of term$86,352.31

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$6,000
Stress test qualifying rate8.09%
Payment you must qualify for$876.62

Cash Needed at Closing

Minimum down payment$6,000
Estimated BC PTT$1,200
Legal / closing costs (typical estimate)$1,500
Total cash needed$8,700

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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