Property Type: Detached HouseOwnership: Freehold

44 Arbutus St W

Lake Cowichan, BC V0R2G0

$549,900

3 bed1 bath4 parking1,234 sqftBuilt 1948
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Property Details

Property & Lot

Sub-type
House
Lot size
7,251 square feet
Zoning
Residential

R3

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,900

Interior

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

Exterior & Lot

View
Mountain view

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
BedroomSecond level12'5 x 10'7
BedroomSecond level11'5
StudioMain level17'4 x 10'9
WorkshopMain level18'3 x 20'9
PatioMain level12'1 x 18'4
BathroomMain level4-Piece
Primary BedroomMain level13'3 x 9'10
EntranceMain level4'1 x 5'3
Laundry roomMain level9'9 x 8'6
KitchenMain level12'7 x 7'7
Dining roomMain level8'7 x 7'9
Living roomMain level14'1 x 16'8

Listing Information

MLS®
1036221
Listed
May 8, 2026
Time on market
On the market for 115 days
Data last synced
August 28, 2026

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

Description

Full of charm and potential, this inviting 3-bedroom, 1-bath home sits on a generous 0.17-acre lot in a sought-after location just a short walk to the high school and the river. A newer roof, replaced just one year ago, offers peace of mind, while the kitchen was updated a few years back and provides a functional layout ready for your personal touch. Original wood floors add warmth and character and will look beautifully refreshed with a simple refinish. Outside, the fully usable yard features a fenced garden bed to keep elk out, plenty of parking, a detached workshop, and an enclosed carport offering valuable extra storage. Whether you’re looking for your first home, a smart investment, or a property with room to make your own, this one offers space, practicality, and exciting upside in a great location. (id:63159)

Values & Trends

This listing

$446/sqft

Building average

No other active listings in this building

Lake Cowichan average

$493/sqft

34 active listing(s)

Parking: 4 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

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

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

26

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
Lake Cowichan ElementaryElementary310 m
Lake Cowichan SecondaryElementary310 m
Palsson ElementaryElementary1.2 km
Tansor ElementaryElementary22.4 km
Ecole Mount Prevost ElementaryElementary23.7 km
Drinkwater ElementaryElementary24.3 km
Queen Margaret's(Independent)K-1224.9 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)

  • J&V Diner · 162 South Shore Road380 m
  • Jake's at the Lake · 109 South Shore Road597 m

Cafes (1)

  • Ed's Coffee House · 67 South Shore Road705 m

Parks (5+)

  • Unnamed329 m
  • Parkstone Park334 m
  • Beaver Creek Rhododendron Park441 m
  • Unnamed447 m
  • Centennial Park494 m

Pharmacies (1)

  • Island Pharmacy · 138 South Shore Road497 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 5.5% ($29,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$439,920.00
Periodic payment — Principal & Interest (monthly)$2,838.21
Additional monthly expenses (strata, tax, utilities, etc.)$387.00
Total monthly cost$3,225.21
Interest paid over 5-yr term$126,082.34
Balance at end of term$395,709.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$29,990
Stress test qualifying rate8.09%
Payment you must qualify for$3,997.93

Cash Needed at Closing

Minimum down payment$29,990
Estimated BC PTT$8,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,488

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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