Property Type: Mobile / ManufacturedOwnership: Strata

385 Lake Park Rd

Lake Cowichan, BC V0N2L0

$579,000

2 bed2 bath2 parking1,277 sqftBuilt 1994
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Property Details

Property & Lot

Sub-type
Manufactured Home
Lot size
11 acres
Zoning
Residential

R-4

Ownership & Fees

Property type
Mobile / Manufactured
Ownership
Strata
Strata / maintenance fee
$50/mo
Annual property tax
$3,574.1

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
None

Exterior & Lot

View
Mountain view, Valley view

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
PorchMain level4'6 x 8'1
Laundry roomMain level8'11 x 8'6
BathroomMain level8'11 x 5'1
BedroomMain level12'4 x 10'9
EnsuiteMain level12'4 x 9'6
Primary BedroomMain level12'4 x 13'7
KitchenMain level12'4 x 11'10
Dining roomMain level12'4 x 14'2
Living roomMain level12'4 x 19'5

Listing Information

MLS®
1041844
Listed
June 30, 2026
Time on market
On the market for 62 days
Data last synced
August 28, 2026

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

Description

Million-dollar valley view for nearly half the price! First time on market: 2 bed, 2 bath, 1,277 sqft manufactured home perched atop Lake Park Estates with stunning south-facing views. Bright open-concept living/dining/kitchen with large windows. Primary bedroom opens to the deck and features a large ensuite with large jetted soaker tub and walk-in closet. Second bedroom could also make a great office. Full-height 1,200 sqft unfinished basement with separate entrance, rooms, new electrical panel, plumbed with large washtub & toilet —ideal for a suite or workshop. New front porch in 2023, roof replaced in 2024, new handrails & gate on rear deck in 2025. Located at the end of a quiet cul-de-sac with potentially the nicest views in the subdivision. Enjoy everything Lake Cowichan has to offer year round. (id:63159)

Values & Trends

This listing

$453/sqft

Building average

No other active listings in this building

VIS3290 Lake Park Estates average

No comparable active listings

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

1/9 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
Palsson ElementaryElementary984 m
Lake Cowichan SecondaryElementary1.8 km
Lake Cowichan ElementaryElementary1.8 km
Tansor ElementaryElementary21.5 km
Ecole Mount Prevost ElementaryElementary22.8 km
Ladysmith SecondarySecondary23.4 km
Drinkwater ElementaryElementary23.4 km
Ladysmith PrimaryElementary23.5 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

Parks (1)

  • Greendale Park676 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 5.7% ($32,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$463,200.00
Periodic payment — Principal & Interest (monthly)$2,988.41
Additional monthly expenses (strata, tax, utilities, etc.)$411.84
Total monthly cost$3,400.25
Interest paid over 5-yr term$132,754.45
Balance at end of term$416,649.90

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$32,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,199.32

Cash Needed at Closing

Minimum down payment$32,900
Estimated BC PTT$9,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$43,980

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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