474 Point Ideal Dr
Lake Cowichan, BC V0R2G0
$259,900
Property Details
Property & Lot
- Lot size
- 12,196 square feet
- Zoning
- Residential
R2
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,187
Interior
- Fireplace
- None
Exterior & Lot
- View
- Lake view, Mountain view
Listing Information
- MLS®
- 1034969
- Listed
- May 7, 2026
- Time on market
- On the market for 116 days
- Data last synced
- August 28, 2026
Listing provided by: Pemberton Holmes Ltd. (Lk Cow) · Data source: CREA DDF.
Description
Set within prestigious Point Ideal in beautiful Lake Cowichan, this 0.29-acre building lot offers a perfect canvas for your dream home. Surrounded by a premier development of luxury residences, enjoy stunning lake & mountain views in a peaceful, lakeside neighbourhood. The lot is mostly level with municipal water & sewer services at the lot line & offers easy lake access. You’ll be just moments from swimming, boating, & endless West Coast outdoor recreation. Lake Cowichan offers a full range of amenities, including shops, restaurants, schools, parks, & essential services, in a relaxed, small-town atmosphere. A perfect blend of convenience & outdoor lifestyle, with some of Vancouver Island’s best recreation right at your doorstep. Whether you’re looking to build a full-time residence or a serene getaway, this property combines natural beauty with modern servicing in one of the area’s most desirable locations. Don’t miss your opportunity to secure a prime piece of Lake Cowichan living. (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.
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
11
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
| School | Type | Distance |
|---|---|---|
| Lake Cowichan Elementary | Elementary | 1.1 km |
| Lake Cowichan Secondary | Elementary | 1.1 km |
| Palsson Elementary | Elementary | 1.9 km |
| Tansor Elementary | Elementary | 23.5 km |
| Ecole Mount Prevost Elementary | Elementary | 24.9 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
Parks (5+)
- Point Ideal Park · 435 Point Ideal Drive133 m
- TAL Development171 m
- TAL Development276 m
- TAL Development305 m
- TAL Development Rezoning457 m
Nearby places data: © OpenStreetMap contributors.
School district: Cowichan (SD79)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($12,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.