5055 Cowichan Lake Rd
Duncan, BC V9L6H3
$1,980,000
Property Details
Property & Lot
- Lot size
- 48.8 acres
- Zoning
- Other
F-2A
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $5,843.62
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view
Parking
- Total spaces
- 20
Listing Information
- MLS®
- 995189
- Listed
- April 16, 2025
- Time on market
- On the market for 502 days
- Data last synced
- August 28, 2026
Listing provided by: Pemberton Holmes Ltd. - Oak Bay · Data source: CREA DDF.
Description
This type of property is hard to find. Sunny & Treed. Possible group purchase? Only minutes from the New (& old) Hospitals, Town & Cowichan Lake. This is a rare opportunity. 48.8 wooded acres (approx. $40,000. per acre) zoned F-2A. NOT in ALR. Approved access off Cowichan Lake Road. The possibilities here are great! Vineyard possibilities. Very Nice Property. Sunny, warm & nice, gentle south facing property. Group purchase? Listing agent has owned this property for ~20 years. Price is + GST. Address is approximate. (id:63159)
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
7
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 |
|---|---|---|
| Tansor Elementary | Elementary | 6.5 km |
| Ecole Mount Prevost Elementary | Elementary | 7.9 km |
| Drinkwater Elementary | Elementary | 8.5 km |
| Queen Margaret's(Independent) | K-12 | 8.8 km |
| Cowichan Valley Open Learning Co-Op | Secondary | 9.1 km |
| Cowichan Open School | Secondary | 9.1 km |
| Khowhemun Elementary | Elementary | 9.1 km |
| Quamichan School | Secondary | 10.7 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)
- Hawkhill Park321 m
Nearby places data: © OpenStreetMap contributors.
School district: Cowichan (SD79)
Similar Listings Nearby
No similar listings found nearby right now.
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($396,000) — 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.