Property Type: Land / LotOwnership: Freehold

4545 Trans Canada Hwy

Cowichan Bay, BC V9L6L8

$850,000

0 bed0 bath4 parking
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Property Details

Property & Lot

Lot size
9.08 acres
Zoning
Agricultural

A1

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$109

Interior

Fireplace
None

Parking

Total spaces
4 — uncovered indicated
Features
Other

Listing Information

MLS®
1037980
Listed
May 25, 2026
Time on market
On the market for 98 days
Data last synced
August 28, 2026

Listing provided by: Sutton Group-West Coast Realty (Dunc) · Data source: CREA DDF.

Description

9.08 acres of level ALR farmland located in Cowichan Bay. The majority of the property is located back from the road with mountain views and reasonable privacy. Good soil and underground drainage system. Fields were fertilized and subsoiled to a depth of 24'' every 8 feet for deep tillage, enhanced drainage and deeper root penetration. Property is fenced and gated with a new drilled 15 gpm well and pump installed in 2021. Seller has applied for an agricultural irrigation water licence. Old derelict home presently used as workshop / storage has limited value and is sold as is where is. A1 zoning includes, single detached dwelling, Agriculture, Farm use, Secondary suite, Bed and Breakfast, agri business, home based business and more. This property has tremendous potential just bring your own vision. The Cowichan Valley has tremendous recreational opportunities, boating, fishing , hiking and the island is world famous as a destination. (id:63159)

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.

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
Sunrise Waldorf School(Independent)Elementary/Middle980 m
Bench ElementaryElementary2.6 km
Noorunissa Montessori Academy of Canada(Independent)Elementary4.3 km
Ecole Cobble Hill ElementaryElementary5.8 km
Evergreen Independent School(Independent)Elementary5.8 km
Des CascadesElementary6.0 km
Queen of Angels School(Independent)Elementary/Middle6.1 km
Duncan Christian School(Independent)K-126.5 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)

  • Wilmot Trail737 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($60,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$680,000.00
Periodic payment — Principal & Interest (monthly)$4,387.13
Additional monthly expenses (strata, tax, utilities, etc.)$9.08
Total monthly cost$4,396.21
Interest paid over 5-yr term$194,889.95
Balance at end of term$611,662.20

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$60,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,074.82

Cash Needed at Closing

Minimum down payment$60,000
Estimated BC PTT$15,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,500

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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