Property Type: Condo / ApartmentOwnership: Strata

5 8631 South Shore Rd

Lake Cowichan, BC V0R2G0

$199,999

2 bed1 bath2 parking366 sqftBuilt 2021
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Property Details

Property & Lot

Sub-type
Recreational
Lot size
3,200 square feet
Zoning
Commercial

C-4

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$340/mo
Annual property tax
$35,274.25

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Lake view, Mountain view
Waterfront
Waterfront on lake

Parking

Total spaces
2 — uncovered indicated
Features
Stall

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
BedroomMain level
BathroomMain level3-Piece
KitchenMain level
Living roomMain level
Primary BedroomMain level
EntranceMain level

Listing Information

MLS®
1046336
Listed
August 7, 2026
Time on market
On the market for 24 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Generation - The Neal Estate Group · Data source: CREA DDF.

Description

Welcome to Your Lakeside Retreat! Nestled in the picturesque landscape of Lake Cowichan, this prime location offers easy access to all amenities while offering a serene and private setting. Lot #5 presents ample space to build your dream vacation retreat, with access to the pristine waters of Beaver Lake, perfect for swimming, fishing, and relaxation. Included with the lot is a 2021 Forest River Rockwood 36’ Travel Trailer, featuring four-slide bunk model sleeping arrangements, a U-Dinette for group dining, and an outside camp kitchen. The large master suite offers great storage and a fully separate bunkroom boasts its own entertainment area. Beaver Lake Resort residents enjoy access to all amenities and hiking trails. Whether you seek a weekend getaway, family vacation home, or investment opportunity, Lot #5 at Beaver Lake Resort awaits your dreams. Contact us today to schedule a viewing and begin your journey to lakeside living at its finest. (id:63159)

Values & Trends

This listing

$546/sqft

Building average

$607/sqft

3 active listing(s)

Lake Cowichan average

$605/sqft

13 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

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.

Nearby Schools

SchoolTypeDistance
Lake Cowichan ElementaryElementary2.0 km
Lake Cowichan SecondaryElementary2.0 km
Palsson ElementaryElementary2.9 km
Tansor ElementaryElementary24.0 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: 5.0% ($10,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$159,999.00
Periodic payment — Principal & Interest (monthly)$1,032.26
Additional monthly expenses (strata, tax, utilities, etc.)$3,297.52
Total monthly cost$4,329.78
Interest paid over 5-yr term$45,856.17
Balance at end of term$143,919.62

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$10,000
Stress test qualifying rate8.09%
Payment you must qualify for$1,461.03

Cash Needed at Closing

Minimum down payment$10,000
Estimated BC PTT$2,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$13,500

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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