553 Mountain View Dr
Lake Cowichan, BC V0R2G1
$285,000
Property Details
Property & Lot
- Lot size
- 8,218 square feet
- Zoning
- Residential
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,475.96
Interior
- Fireplace
- None
Parking
- Total spaces
- 4
Listing Information
- MLS®
- 1047255
- Listed
- August 19, 2026
- Time on market
- On the market for 12 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Island Living (QU) · Data source: CREA DDF.
Description
This exceptional 8,200 sq ft fully serviced lot in Stage 4 of The Slopes at Lake Cowichan offers spectacular mountain and valley views, a great building base, and greenspace at the rear. Better yet, it comes with fully engineered, permit-ready plans for a 1,900 sq ft rancher, complete with an oversized double garage and 12-foot-wide driveway with room for your RV, boat or trailer. The geotechnical work and site surveys are complete, the downslope retaining wall is already constructed, and city water, sewer, underground power and fibre are at the lot. Even the GST has been paid! An introduction to a local builder is available as well. Imagine summer mornings at the lake, afternoons exploring nearby trails, and coming home to your own garden overlooking the surrounding hills. Lake Cowichan’s town centre is less than five minutes away, Duncan is under 20 minutes, and Port Renfrew is an easy trip for a day of fishing or adventure. Whether you’re dreaming of a quieter retirement, a place to raise your family, or simply a home designed around the way you actually live, this is an opportunity to build something uniquely yours, with many of the difficult first steps already behind you. (id:63159)
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
| School | Type | Distance |
|---|---|---|
| Palsson Elementary | Elementary | 1.1 km |
| Lake Cowichan Secondary | Elementary | 2.1 km |
| Lake Cowichan Elementary | Elementary | 2.1 km |
| Tansor Elementary | Elementary | 22.3 km |
| Ladysmith Secondary | Secondary | 23.3 km |
| Ladysmith Primary | Elementary | 23.4 km |
| Ecole Mount Prevost Elementary | Elementary | 23.7 km |
| Ladysmith Intermediate | Elementary | 23.8 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.
Nearby Places
Parks (3)
- Unnamed380 m
- Unnamed462 m
- Winter Park472 m
Nearby places data: © OpenStreetMap contributors.
School district: Cowichan (SD79)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($14,250) — 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.