Property Type: Detached HouseOwnership: Freehold

3468 Cowichan Lake Rd

Duncan, BC V9L6K5

$1,299,000

3 bed3 bath6 parking1,675 sqftBuilt 2004
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Property Details

Property & Lot

Sub-type
House
Lot size
5.01 acres
Zoning
Agricultural

A2

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,901

Interior

Heating
Electric, Wood
Cooling / A/C
See Remarks
Fireplace
Yes (2)

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
BedroomOther13'5 x 10'5
BathroomOther3-Piece
Living roomOther9'1
KitchenOther9'1 x 17'3
BathroomMain level9'2 x 4'6
BathroomMain level9'2 x 8'1
BedroomMain level9'2 x 8'10
Primary BedroomMain level12'11 x 19'2
Family roomMain level12'11 x 19'1
Dining roomMain level12'11 x 11'4
KitchenMain level13'1 x 13'8

Listing Information

MLS®
1043090
Listed
July 13, 2026
Time on market
On the market for 49 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Island Properties (DU) · Data source: CREA DDF.

Description

Set on a stunning 5-acre parcel, this exceptional property offers a rare combination of privacy, versatility, and unbeatable convenience. With approximately 3 acres of beautiful forest, the setting feels like your own secluded retreat—peaceful, natural, and full of charm—yet you’re less than a minute to shopping and only 5 minutes to town. The main home is warm and inviting, complemented by a detached 1-bedroom suite that’s perfect for extended family, guests, or added rental income. For those seeking opportunity, the property is currently set up as doggy daycare and boarding operation, housed in a separate building—creating a seamless live/work setup or the potential for a variety of other uses as well as a second home in need of renovations. A2 zoning adds tremendous value, allowing for a wide range of possibilities whether you’re looking to expand a business, create a hobby farm, or simply enjoy the space as your own private acreage. Properties that offer this level of flexibility, natural beauty, and proximity to amenities are incredibly hard to find. A truly magical setting with endless potential—this is an outstanding opportunity and exceptional value all in one. (id:63159)

Values & Trends

This listing

$776/sqft

Building average

No other active listings in this building

West Duncan average

$491/sqft

48 active listing(s)

Parking: 6 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

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

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

19

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
Tansor ElementaryElementary798 m
Ecole Mount Prevost ElementaryElementary1.0 km
Drinkwater ElementaryElementary1.6 km
Queen Margaret's(Independent)K-121.9 km
Cowichan Valley Open Learning Co-OpSecondary2.2 km
Cowichan Open SchoolSecondary2.2 km
Khowhemun ElementaryElementary2.4 km
Quamichan SchoolSecondary3.8 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 Road668 m
  • Sundays Coffee and Provisions · 6114 Somenos Road729 m

Grocery (1)

  • Country Grocer · 3288 Cowichan Lake Road648 m

Parks (3)

  • Marsh Road Park451 m
  • Cowichan Valley Trail615 m
  • Rockridge Park799 m

Pharmacies (1)

  • The Medicine Shoppe · 3292 Cowichan Lake Road623 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($104,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,039,200.00
Periodic payment — Principal & Interest (monthly)$6,704.57
Additional monthly expenses (strata, tax, utilities, etc.)$575.75
Total monthly cost$7,280.32
Interest paid over 5-yr term$297,837.71
Balance at end of term$934,763.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$104,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,182.21

Cash Needed at Closing

Minimum down payment$104,900
Estimated BC PTT$23,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$130,380

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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