Property Type: TownhouseOwnership: Strata

5 3242 Cowichan Lake Rd

Duncan, BC V9L3R6

$449,900

3 bed2 bath2 parking1,120 sqftBuilt 1995
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Lot size
1,085 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$366/mo
Annual property tax
$2,897.16

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
2 — covered indicated
Features
Carport

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
Primary BedroomSecond level
Living roomMain level
Laundry roomMain level
KitchenMain level
Dining roomMain level
BedroomSecond level
BedroomSecond level
BathroomSecond level4-Piece
BathroomMain level2-Piece

Listing Information

MLS®
1029424
Listed
March 21, 2026
Time on market
On the market for 164 days
Data last synced
August 28, 2026

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

Description

Welcome to Timberline Grove in desirable Duncan! This 3-bedroom, 1.5 bathroom end unit townhome offers comfortable living in a convenient, family-friendly location. The bright and functional layout features a spacious main living area with plenty of natural light and easy access to a private patio/yard area—perfect for enjoying outdoor dining, or relaxing at the end of the day. The kitchen and dining areas flow seamlessly, creating an ideal space for everyday living and entertaining. Upstairs, you’ll find three generously sized bedrooms with a full bathroom. Located just minutes from schools, the hospital, shopping, and on a main bus route, this home offers excellent accessibility to all amenities. Timberline Grove is a well-managed complex that allows rentals and pets, making this a fantastic opportunity. Don’t miss your chance to own in this sought-after community! (id:63159)

Values & Trends

This listing

$402/sqft

Building average

No other active listings in this building

West Duncan average

$362/sqft

16 active listing(s)

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

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

33

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
Ecole Mount Prevost ElementaryElementary693 m
Drinkwater ElementaryElementary1.1 km
Queen Margaret's(Independent)K-121.1 km
Cowichan Valley Open Learning Co-OpSecondary1.3 km
Cowichan Open SchoolSecondary1.3 km
Tansor ElementaryElementary1.6 km
Khowhemun ElementaryElementary1.7 km
Quamichan SchoolSecondary2.9 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

Cafes (2)

  • Tim Hortons · 3320 Cowichan Lake Road412 m
  • Sundays Coffee and Provisions · 6114 Somenos Road446 m

Grocery (1)

  • Country Grocer · 3288 Cowichan Lake Road336 m

Parks (5+)

  • Rockridge Park78 m
  • Keystone Park278 m
  • Sherman Road Soccer Park457 m
  • Mayo Park582 m
  • Stonehaven Park583 m

Pharmacies (1)

  • The Medicine Shoppe · 3292 Cowichan Lake Road387 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$359,920.00
Periodic payment — Principal & Interest (monthly)$2,322.08
Additional monthly expenses (strata, tax, utilities, etc.)$663.43
Total monthly cost$2,985.51
Interest paid over 5-yr term$103,154.11
Balance at end of term$323,749.20

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,495
Stress test qualifying rate8.09%
Payment you must qualify for$3,286.59

Cash Needed at Closing

Minimum down payment$22,495
Estimated BC PTT$6,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,993

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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