Property Type: Detached HouseOwnership: Freehold

521 Point Ideal Dr

Lake Cowichan, BC V0R2G0

$2,185,000

5 bed4 bath6 parking2,912 sqftBuilt 2004
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Property Details

Property & Lot

Sub-type
House
Lot size
0.7 acres
Zoning
Residential

R-1-A

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$11,392

Interior

Heating
Heat Pump, Forced air, Electric, Propane
Cooling / A/C
Fully air conditioned
Fireplace
Yes (2)

Exterior & Lot

View
Lake view, Mountain view
Waterfront
Waterfront on lake

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
BedroomAuxiliary Building7'10 x 6'6
BathroomAuxiliary Building5'1 x 8'0
KitchenAuxiliary Building10'2 x 8'4
Living roomAuxiliary Building7'9 x 6'5
GymLower level15'10 x 17'3
BathroomThird level6'11 x 7'9
BedroomThird level12'6 x 16'8
BedroomThird level10'2 x 14'9
BedroomThird level19'7 x 12'4
BathroomMain level5'0 x 5'2
EnsuiteMain level14'5 x 6'6
Primary BedroomMain level26'4 x 13'9
Laundry roomMain level5'5 x 7'8
Living roomMain level15'10 x 15'8
Dining roomMain level10'6 x 12'9
Dining nookMain level10'2 x 8'9
KitchenMain level10'2 x 13'0
EntranceMain level9'4 x 9'3

Listing Information

MLS®
1042306
Listed
July 4, 2026
Time on market
On the market for 59 days
Data last synced
August 28, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

Stunning lakefront living in the sought-after Point Ideal subdivision on the shores of Cowichan Lake. Set on a beautifully landscaped 0.70 acre lot, this property offers over 100 ft of pristine shoreline, a private beach, and a 5-year-old dock... perfect for swimming, boating, and exploring 34 km's of spectacular lakefront. The 3,550 sq ft residence offers a bright open-concept design with 9 ft ceilings, expansive windows, hardwood floors, and a cozy gas fireplace. The updated kitchen features sit-up bar, newer stainless steel KitchenAide appliances w/ induction range, double oven & gas hook-up available. The kitchen flows seamlessly into the main living area and out to over 1200 sq ft of lakeview decking. The main floor primary suite enjoys stunning water views with direct deck access through French doors. Upstairs and additional bedrooms also capture beautiful lake and mountain vistas, plus the space includes and office and open den space. The home includes approx. 2,540 sq ft of finished living space plus a 1,012 sq ft unfinished basement, ideal for a media/games room, storage or future development with its own private entry. A fully self-contained 372 sq ft cottage with full bathroom offers excellent flexibility for guests, family, or rental use. Additional features include; brand new roof & heat pump for efficient heating & cooling, irrigation system, terraced & fully fenced yard (Deer & Elk proof), and a detached garage. Connected to municipal water and sewer and located within walking distance to downtown Lake Cowichan, this is a rare opportunity to own one of the finest lakefront properties on southern Vancouver Island. Call or email Sean McLintock with RE/MAX Professionals 250-729-1766 or sean@seanmclintock.com, video available at macrealtygroup.ca and complete Information package available upon request. (All info/date to be verified if fundamental to the purchase. Buyer to verify) (id:63159)

Values & Trends

This listing

$750/sqft

Building average

No other active listings in this building

Lake Cowichan average

$484/sqft

34 active listing(s)

Parking: 6 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

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

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

SchoolTypeDistance
Lake Cowichan ElementaryElementary1.1 km
Lake Cowichan SecondaryElementary1.1 km
Palsson ElementaryElementary1.8 km
Tansor ElementaryElementary23.6 km
Ecole Mount Prevost ElementaryElementary24.9 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 Drive272 m
  • TAL Development346 m
  • TAL Development413 m
  • TAL Development461 m
  • TAL Development Rezoning545 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($437,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,748,000.00
Periodic payment — Principal & Interest (monthly)$11,277.50
Additional monthly expenses (strata, tax, utilities, etc.)$1,095.33
Total monthly cost$12,372.84
Interest paid over 5-yr term$500,981.82
Balance at end of term$1,572,331.65

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$437,000
Stress test qualifying rate8.09%
Payment you must qualify for$13,441.51

Cash Needed at Closing

Minimum down payment$437,000
Estimated BC PTT$43,550
Legal / closing costs (typical estimate)$1,500
Total cash needed$482,050

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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