Property Type: Detached HouseOwnership: Freehold

8555 Maple Ridge Rd

Youbou, BC V0R3E1

$639,900

3 bed2 bath2 parking1,590 sqftBuilt 1950
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Property Details

Property & Lot

Sub-type
House
Lot size
5,153 square feet
Zoning
Residential

R3

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,125.42

Interior

Heating
Heat Pump, Forced air, Electric
Cooling / A/C
Fully air conditioned
Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

Parking

Total spaces
2

Room Dimensions

RoomLevelDimensions
Utility roomLower level7'6 x 7'11
StorageLower level12'8 x 16'8
Laundry roomLower level8'11 x 10'3
BedroomLower level11'4 x 15'0
Recreation roomLower level12'8 x 15'0
BathroomLower level4'9 x 6'6
KitchenMain level12'11 x 16'2
Living roomMain level16'7 x 14'0
Primary BedroomMain level16'10 x 13'0
BedroomMain level11'10 x 10'5
BathroomMain level9'3 x 8'4

Listing Information

MLS®
1040745
Listed
June 18, 2026
Time on market
On the market for 74 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Island Living (QU) · Data source: CREA DDF.

Description

Extensively renovated over the past two years, this 1590 sq. ft. 3-bedroom, 1.5-bath home is ready for its next owners. Set on a quiet no-thru street, the property enjoys filtered views of Cowichan Lake from the expansive decks (front and rear) and a fully fenced private backyard. Whether you're enjoying the outdoors, raising a family, or retired, you'll appreciate the peaceful setting and extensive updates already completed. These include a new roof, gutters, windows, 200-amp electrical service, heat pump and air handler, perimeter drains, hot water tank, flooring, paint, upgraded appliances, and a nicely renovated kitchen and bathrooms. The Cowichan Lake Recreation Centre, Arbutus Community Park, Youbou Bar Grill & Pizza, a liquor store, gas bar/convenience store, and the grocery store are all within a two-minute drive or a few minutes' walk. The Arbutus Community Park is gorgeous, with shaded areas, picnic tables, washrooms, and a public dock; it's a great place to spend the afternoon. One of the most affordable detached homes currently available around Cowichan Lake, this is an excellent opportunity to enjoy life in a renovated home in a quaint lakeside community. Elk are everywhere in Youbou. The basement is 6'3'', but totally usable space. The Youbou area does not have a Speculation Vacancy Tax. (id:63159)

Values & Trends

This listing

$402/sqft

Building average

No other active listings in this building

Youbou average

$467/sqft

14 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: Nanaimo

Partly Cloudy

13°C

Partly Cloudy

Humidity 88%

Wind WSW 2 km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

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
Palsson ElementaryElementary12.7 km
Lake Cowichan ElementaryElementary12.8 km
Lake Cowichan SecondaryElementary12.8 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 (1)

  • Arbutus Park · 10700 Alder Crescent647 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 6.1% ($38,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$511,920.00
Periodic payment — Principal & Interest (monthly)$3,302.73
Additional monthly expenses (strata, tax, utilities, etc.)$257.12
Total monthly cost$3,559.85
Interest paid over 5-yr term$146,717.74
Balance at end of term$460,473.70

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$38,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,620.79

Cash Needed at Closing

Minimum down payment$38,990
Estimated BC PTT$10,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$51,288

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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