Property Type: Detached HouseOwnership: Freehold

4939 Waters Rd

Duncan, BC V9L6S9

$4,750,000

6 bed6 bath20 parking5,745 sqftBuilt 2019
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Property Details

Property & Lot

Sub-type
House
Lot size
19.25 acres
Zoning
Agricultural

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,207.8

Interior

Heating
Other
Cooling / A/C
None
Fireplace
Yes (3)

Exterior & Lot

View
Mountain view, Valley view

Parking

Total spaces
20

Room Dimensions

RoomLevelDimensions
Utility roomLower level8'10 x 13'8
PatioLower level
PatioLower level9'9 x 42'4
EnsuiteSecond level3-Piece
BedroomSecond level14'7 x 19'1
KitchenLower level8'1 x 12'2
StorageLower level3'2 x 6'3
BathroomLower level4-Piece
BedroomLower level12'9 x 11'10
Living roomLower level12'3
Family roomLower level19'7 x 16'5
BathroomLower level3-Piece
BedroomLower level13'1 x 14'10
BedroomLower level13'2 x 14'8
Laundry roomMain level7'6
Mud roomMain level6'2 x 21'7
PantryMain level8'7 x 3'8
EnsuiteMain level5-Piece
Primary BedroomMain level
BathroomMain level2-Piece
OfficeMain level11'9 x 14'4
KitchenMain level18'3 x 13'4
Dining roomMain level12'6
Living roomMain level
Family roomMain level
EnsuiteMain level4-Piece
BedroomMain level14'8
EntranceMain level12'5

Listing Information

MLS®
1036076
Listed
May 15, 2026
Time on market
On the market for 108 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver Island · Data source: CREA DDF.

Description

Welcome to 4939 Waters Road, an immaculate custom-built equestrian estate thoughtfully designed with every detail in mind. Set on 19+ flat, usable acres, this 6 bed, 6 bath, 5,700+ sq ft modern farmhouse blends luxury and functionality, complete with two suites ideal for extended family, guests, or added income. Built to the highest standard, the home features heated concrete floors throughout, a chef’s kitchen, main floor office and library, seamless indoor-outdoor living, and a hot tub perfectly positioned to take in the stunning property views. The expansive primary suite overlooks the manicured grounds with a spa-inspired ensuite. The custom barn, built from wood sourced directly from the property, is a horse enthusiast’s dream with 8 stalls, tack room, second-floor hay storage, and a framed 2 bed, 2 bath suite above. Two riding rings, expansive grazing areas, a natural pond, and additional stables complete this exceptional offering where rural charm meets modern equestrian living (id:63159)

Values & Trends

This listing

$827/sqft

Building average

No other active listings in this building

Cowichan Bay average

$413/sqft

1 active listing(s)

Parking: 20 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

15°C

Humidity 82%

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

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.

Nearby Schools

SchoolTypeDistance
Khowhemun ElementaryElementary4.8 km
Noorunissa Montessori Academy of Canada(Independent)Elementary5.0 km
Queen Margaret's(Independent)K-125.1 km
Tansor ElementaryElementary5.2 km
Cowichan Open SchoolSecondary5.3 km
Cowichan Valley Open Learning Co-OpSecondary5.3 km
Ecole Mount Prevost ElementaryElementary5.6 km
Des CascadesElementary5.8 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.

School district: Cowichan (SD79)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($950,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,800,000.00
Periodic payment — Principal & Interest (monthly)$24,516.31
Additional monthly expenses (strata, tax, utilities, etc.)$1,054.32
Total monthly cost$25,570.63
Interest paid over 5-yr term$1,089,090.92
Balance at end of term$3,418,112.29

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$950,000
Stress test qualifying rate8.09%
Payment you must qualify for$29,220.67

Cash Needed at Closing

Minimum down payment$950,000
Estimated BC PTT$155,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,107,000

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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