Property Type: Condo / ApartmentOwnership: Strata

6015 Cherry Lane

Duncan, BC V9L4B9

$968,500

4 bed4 bath4 parking2,190 sqftBuilt 2026
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Property Details

Property & Lot

Sub-type
House
Lot size
5,199 square feet
Zoning
Residential

R3

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$103/mo
Annual property tax
$1,816.29

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
None

Parking

Total spaces
4

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 level10'0 x 11'0
BedroomMain level11'4 x 11'0
Laundry roomMain level6'0 x 7'0
BathroomMain level4-Piece
EnsuiteMain level5-Piece
Primary BedroomMain level13'0 x 13'6
Living roomMain level16'6 x 13'6
KitchenMain level13'0 x 7'6
Dining roomMain level10'0 x 8'0
BedroomAdditional Accommodation10'6 x 11'0
BathroomAdditional AccommodationX
Living roomAdditional Accommodation13'0 x 9'0
KitchenAdditional Accommodation8'0 x 10'0
BathroomLower level2-Piece
Mud roomLower level5'0 x 6'8
OfficeLower level9'6 x 8'0
EntranceLower level12'6 x 5'0

Listing Information

MLS®
1037550
Listed
May 22, 2026
Time on market
On the market for 101 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Island Properties (DU) · Data source: CREA DDF.

Description

Brand-new construction with a fully self-contained suite — an exceptional mortgage helper or income opportunity. This thoughtfully designed home features a private 553 sq ft one-bedroom suite with kitchen, full bath, and living area, ideal for rental income, extended family, or multigenerational living. The main living level, set on the upper floor, offers a bright open-concept living, dining, and kitchen area that flows out to a private deck. Three beds include a spacious primary retreat with walk-in closet and a luxurious 5-piece ensuite, complemented by a full main bath and the convenience of upper-floor laundry. The entry level adds a welcoming foyer, a dedicated office, mudroom, powder room, storage, and an attached double garage with Level 2 EV charging rough-in. Approx 2,190 sq ft of finished living space in a convenient, well-connected location. Under construction now and ready for occupancy by the end of summer — secure a modern, move-in-ready home built to today’s standards. (id:63159)

Values & Trends

This listing

$442/sqft

Building average

No other active listings in this building

West Duncan average

$356/sqft

18 active listing(s)

Parking: 4 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

30

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 ElementaryElementary635 m
Drinkwater ElementaryElementary898 m
Queen Margaret's(Independent)K-12937 m
Cowichan Valley Open Learning Co-OpSecondary1.2 km
Cowichan Open SchoolSecondary1.2 km
Khowhemun ElementaryElementary1.6 km
Tansor ElementaryElementary1.7 km
Quamichan SchoolSecondary2.7 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

Cafes (2)

  • Tim Hortons · 3320 Cowichan Lake Road485 m
  • Sundays Coffee and Provisions · 6114 Somenos Road488 m

Grocery (1)

  • Country Grocer · 3288 Cowichan Lake Road438 m

Parks (5+)

  • Keystone Park209 m
  • Rockridge Park285 m
  • Sherman Road Soccer Park401 m
  • Stonehaven Park468 m
  • Mayo Park498 m

Pharmacies (1)

  • The Medicine Shoppe · 3292 Cowichan Lake Road486 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($71,850) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$774,800.00
Periodic payment — Principal & Interest (monthly)$4,998.75
Additional monthly expenses (strata, tax, utilities, etc.)$364.64
Total monthly cost$5,363.38
Interest paid over 5-yr term$222,059.91
Balance at end of term$696,935.11

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$71,850
Stress test qualifying rate8.09%
Payment you must qualify for$6,894.92

Cash Needed at Closing

Minimum down payment$71,850
Estimated BC PTT$17,370
Legal / closing costs (typical estimate)$1,500
Total cash needed$90,720

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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